Individual founders or teams working on an education product that aims to serve the people at the bottom of the economic pyramid (BoP) in India who are currently looking for investment should take notice of the Unitus Seed Fund road show as an interesting option.
USF has just started its 2014 roadshow visiting six Indian cities in May, June and July. The tour started off in Calcutta, further stops in May are Ahmedabad and Pune. Delhi and Coimbatore will follow in June, and the roadshow will come to a close in Mumbai in July.
The goal of the “7 core. 6 cities. 5 investments. 4 months.” roadshow is to invest $1.1 million in the best five startups across the cities mentioned over the coming four months.
Unitus Seed Fund, which has a $13 million Seed Investment Fund in Bangalore and Seattle, typically makes investments in the range of $50,000 to $150,000.
According to an article by USF from earlier this year, India’s rural education is a big opportunity for smart edtech entrepreneurs. There is a growing demand for affordable, quality education that waits to be served. Pain points include poor infrastructure, access difficulties, lack of financial support and poor quality of educators.
Thanks to recent political decisions like the Right To Education Act that guarantees free, compulsory education and school meals have increased the enrollment and attendance levels in schools over the past four years.
USF’s investments in the education space are currently Hippocampus Learning Centers, a startup that brings quality education to schools in rural India and iStar, a platform offering placement services for college graduates.
For more Information on the fund and how to sign up for the roadshow and a meeting with the investors visit:
- 7 Crore. 6 Cities. 5 Investments. 4 Months. | Unitus Seed Fund
- Signup to Meet Us – 2014 Roadshow | Unitus Seed Fund