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MIT Institute launches accelerator programme for edtech start-ups

Entrepreneurs to be given Rs 15 lakh initial seed funding for a minority stake (sub-10%)

MIT Institute launches accelerator programme for edtech start-ups

Pune-based MIT Group has launched an accelerator programme for startups that will focus on education technology and knowledge management.  The 16-week accelerator programme called 'Edugild' will conduct two batches every year. The programme will be based in Pune and will start from January 2016. Selected entrepreneurs would be provided with Rs 15 lakh initial seed funding in return for a minority stake (sub-10%). The institute will also provide mentorship and guidance regarding instituting a startup, business models, pitching to VCs, business management ...