PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Pearson Education, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Pearson Invests in Two Education Startups in India - A company operating low-income pre-schools, and a team who design next generation science learning aids have scooped a share of $150K investment - VilCap.com / Affordable-Learning.com
Pearson Invests in Two Education Startups in India

 

NewswireToday - /newswire/ - London, United Kingdom, 2013/11/26 - A company operating low-income pre-schools, and a team who design next generation science learning aids have scooped a share of $150K investment - VilCap.com / Affordable-Learning.com. NYSE: PSO

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Education/e-Learning/Training Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Experifun and Sudiksha Knowledge Solutions beat off competition from hundreds of education startups in India to take home seed funding in the inaugural ‘Edupreneurs’ programme, a partnership of Pearson and Village Capital.

Led by a team of alumni from the Indian Institutes of Technology and the Indian Institute of Management (Ahmedabad), Experifun helps science teachers bring their subject to life by providing them with kits and activities to conduct classroom experiments. Designed in its R&D lab in Bangalore, Experifun products are patentable, affordable and suited to both urban and rural schools.

Sudiksha operates pre-schools in underprivileged urban neighbourhoods, where there is often a shortfall of education provision. It does that through an innovative model that recruits local women to run branches under an incentivised profit sharing scheme, thus developing the skills of female adults alongside children.

The winners were selected not by an expert committee or a judging panel, but by a group of much tougher critics and stronger supporters - their peer group of 14 education-focused startups who made it to the final round of competition. All 14 fledging firms have spent the last few months with Pearson and Village Capital in a series of workshops and peer review sessions all around India, designed to ready them for investment, and ignite the pipeline of next generation education businesses. Culminating with a presentation by each finalist to an audience of potential investors, it was clear to see that pipeline is in good health.

Announcing the winners, Pearson’s executive director of the Affordable Learning Fund, Katelyn Donnelly, commented:

“These inspiring entrepreneurs are excellent examples of the innovations desperately needed to improve access to, and quality of, education for low-income learners around the world. Both Experifun and Sudiksha have established strong traction with customers and shown early promise to transform learning outcomes and scale quickly.

Edupreneurs India is just the beginning of Pearson’s engagement in low cost education. Not only are we directly funding startups, but we’re also connecting a wide range of investors with opportunities, and making introductions to appropriate Pearson business teams ours is an ecosystem approach.”

Ross Baird, executive director of partners Village Capital, added:

“We’re incredibly proud of the hard-working teams in the 2013 India cohort. We’ve been excited to bring together the future leaders of the affordable education sector in India, and if these ventures are any guide, we’re optimistic about the future of affordable learning due to education in India. We’re thrilled to welcome Experifun and Sudiksha to our portfolio, and to welcome the entire cohort into our alumni network of over 350 impact-oriented enterprises worldwide.”

About Pearson Affordable Learning Fund (PALF)
The Pearson Affordable Learning Fund (affordable-learning.com) makes minority equity investments in for-profit companies to meet a burgeoning demand for affordable education services in Africa, Asia and Latin America. The fund was launched in July 2012 with $15 million of initial Pearson capital. The purpose of the fund is to improve access to quality education for the poorest families in the world. PALF invests in private companies committed to innovative approaches and improving learning outcomes.

About Village Capital
Village Capital (vilcap.com) has served over 350 ventures worldwide, building disruptive innovations in energy, environmental sustainability, agriculture, health, and education. Village Capital has launched 22 programs in 7 countries to-date and made 30 peer-selected investments. Participant enterprises have raised more than $40 million in follow on funding to date, creating 5,000 jobs and serving 4 million customers worldwide.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Education/e-Learning/Training Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Pearson Education, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Education/e-Learning/Training articles,
CATCH Visitors via Your Competitors Announcements!


Pearson Invests in Two Education Startups in India

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Ember Melcher - Pearson.com 
ember.melcher[.]pearson.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Pearson Education, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Education/e-Learning/Training via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Pearson Education, Inc. / Company Profile


Read Education/e-Learning/Training Most Recent Related Newswires:

Pearson Partners with iCare to Deliver Evidence-Based Electronic Health Records Learning Experience for Nursing Students
CloudQast Adds Features to its Video-based Learning Platform
SolarVenti Australia and Massey University Release Research Project Results on Indoor Air Quality in Classrooms
Lithan Invests 10 Million Dollars to Align with SkillsFuture Movement
CloudQast Launches Two Legislation-related Generic E-learning Programmes
International Award for Gamification Nation
Learning Objects Releases Comprehensive, Competency-Based Learning Platform
Encertify Has Joined Hands with VMEdu, Inc. to Promote Training and Certification Programs
Four Innovative Learning Products From Pearson Win 2016 Award of Excellence from Tech & Learning Magazine
Soaring Sky Unveils New Training Opportunity for Aspiring Commercial Drone Pilots
BITSync 2016 The First Pan-American BITSian Conference Indeed A Stellar Constellation
BigMainStreet.com Launches the Experiential Online Business Courses in USA
eXact Learning Solutions Adds A New Authoring Feature to its LCMS
The DevLearn International Exhibition Receives Further Sponsorship from EXact Learning Solutions
The Springboard Programme’s Growing Success for Women in Oman

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)