A month after the first StartEdu competition, Unitus Seed Fund held its second online event, called StartEdu 1B. After receiving record number of applications for the startup competition, only ten made the finals.
Get Set Sorted emerged as the winner securing 5 Lakhs, while Classalyze bagged the runner up title. Both the winner & runner-up get introduced to angel investors who are interested in early stage education companies. The companies were assessed based on factors including Impact on the masses, Team, Innovation, Business Model, and Presentation after hours of reviews and deliberations.
More about the Winner & Runner-Up
Get Set Sorted based out of Pune is a career guidance platform offering end-to-end guidance to high school students through online and offline channels. They suggest top 3 career options based on: Aptitude, Interest, Personality, Career motivations as well as connect them to counselors along with providing career content.
Classalyze, located in Gurgaon is an online tool that helps teachers check for & improve understanding using formative tests. Besides creating high quality formative tests, which can be conducted both offline and online they also provide meaningful and actionable feedback through online dashboards to teachers and principals.
Speaking about the event, Will Poole, managing partner & co-founder, Unitus Seed Fund said
We extend huge congratulations to the competition winners. The prize money, as well as receiving the benefit of training and mentoring from our Speed2Seed incubator and accelerator partner is sure to secure a bright future for these innovative startups.
The quality of the projects presented by all of the entrants proves that India is brimming with innovation and energy from a growing community of visionary entrepreneurs focused on the opportunities in the education sector
The 2nd edition of the StartEdu competition was held over a 4.5 hour marathon online pitch-fest, with viewers in Seattle and Boston USA, Bangalore, Jaipur, Goa, Hyderabad and Noida. The StartEdu program is presented jointly by Unitus Seed Fund & Sylvant Advisors.
Announcement of 3rd edition of StartEdu
Applications for the third & final edition of StartEdu competition for 2015 would open from July 1st, 2015. For more information, please refer the official StartEdu Page
About Unitus Seed Fund
Unitus Seed Fund is a new $23 million seed-stage investment fund based in Bangalore and Seattle that invests in startups innovating for the masses in India. More information here
About Sylvant Advisors
Sylvant Advisors works with entrepreneurs and early stage companies to accelerate their growth. Beginning with critical investment or fund raising effort, drafting business strategies, providing operational support and being a part of an entire growth lifecycle are the key levers to accelerate the growth of these entrepreneurial ventures. Sylvant is based in Bangalore. More information here
Image Credit – UnitusImpact.com