Edugild, India’s first education technology accelerator has been set up by Maharashtra Institute of Technology at Pune. It will focus only on the education sector. The CEO of the Eduglid programme is Rishi Kapal.
- Edugild will conduct two batches every year.
- Start-ups will receive seed funding worth Rs 15 lakh in return for a minority stake.
- It will provide mentorship and guidance regarding instituting a start-up, pitching to venture capitalists (VCs), business management and customer acquisition, marketing and help in scaling up business.
- Of the 300 applications received this year, Eduglid has selected four companies for its accelerator programme.
The shortlisted start-ups include:
- Classboat, which helps students to find and select classes in the city
- Instafeez, which has developed a payment solution and their services also provide a seamless fee reconciliation platform
- Simulanis that uses 3D gaming and augmented reality based tools for engineering learning
- Gradopedia, a start-up dedicated for graduates to experience simulated job profiles of their aspirations and then make a wise choice of the career paths to pursue
These start-ups will undergo a four month acceleration process at during which time they will receive seed funding, access to mentors and testing facilities