Unitus Seed Fund invests in education startups innovating for the masses in India
India has one of the largest education systems in the world with nearly 1.5 M schools and ~250 M students. While 25% of all K-12 schools are private schools, they contribute to nearly 40% of the enrolment. This scale extends to even higher education where India has ~36,000 institutes enrolling over 30 M students. The total education market in India is currently pegged at ~$100 BN with higher education contributing to 60%, school education at 38% and pre-school segment at 2%. However, despite the huge numbers and the fact that education continues to be the highest spend for any household after food and grocery; the quality of education leaves a lot to be desired.
With the private sector expected to account for 55-60% share in overall enrolment in K-12 schools by 2022, there will be a growing trend of adoption of ancillary tools that can improve the delivery of education. This poses a huge opportunity for startups aiming to improve the learning outcomes of students who are teaching students in a way they want to learn – byte sized content offered in a gamified environment fostering peer to peer learning. They are able to engage and retain students’ attention far more effectively. In the next 15 years, India will be among the youngest nations in the world with nearly 140 M people in the college-going age group.
Education Areas We Particularly Like
Increasing smartphone penetration, willingness to invest in a better quality of education, emphasis on job oriented courses are key factors that will drive growth in education sector and pose a huge opportunity for startups aiming to improve the learning outcomes of students. At Unitus Seed Fund, we are seeking to invest in early-stage startups in the following sectors –
- Mobile-led solutions for enhanced learning outcomes
- Ed-Tech SaaS (Software as a Service)
- K-12 service delivery in APS
- Vocational Training and Skills Development
We believe the above sectors will drive growth and have the potential to leapfrog change for all stakeholders. If you are an early-stage startup working in the sectors of our interest, and are seeking funding, please reach out to us through the form below.
Our StartEdu Competition
Launched in December 2014, StartEdu Competition is Unitus Seed Fund’s flagship education initiatives that seeks to identify, incubate and invest in early-stage education and ed-tech startups. Through StartEdu, Unitus Seed Fund continues to partner with like-minded organizations such as Sylvant, S Chand Publishers, Pearson Affordable Learning Fund, Integra and TiE chapters nationwide to combine for-profit seed investing, technical assistance and mentorship to accelerate the pace of development of promising early-stage education startups that can effectively bring quality education to the masses.