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Pune-based MIT starts India's first education focused accelerator programme

In its first year, the programme received applications from 300 entrepreneurs' focused on the education sector

Hrishikesh Joshi  |  Pune 

Pune-based Maharashtra Institute of Technology (MIT) has set up India's first education technology (edtech) accelerator called Edugild. The accelerator will be the first one in India to focus only on the education sector. Edugild will conduct two batches every year. Under the Edugild programme, start-ups will receive seed funding worth Rs 15 lakh in return for a minority stake (sub 10%). It will also provide mentorship and guidance regarding instituting a start-up, pitching to venture capitalists (VCs), business management and customer acquisition, marketing and help in ...

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First Published: Mon, March 14 2016. 15:32 IST
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