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Edupreneur Village Fund hosts the Edupreneur Village Challenge Finale: The Final Battle,successfully in Delhi, with 50+ Investors and 350+ Attendees

  • calendar 04-Sep-2019
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Edupreneur Village Fund hosts the Edupreneur Village Challenge Finale: The Final Battle,successfully in Delhi, with 50+ Investors and 350+ Attendees

New Delhi, 31 August 2019 – On 31st August at The Leela Ambience Hotel Delhi, Edupreneur Village Fund, hosted India’s first-of-its-kind live EdTech investment event: The Final Battle. Modelled on the lines of Shark Tank, the popular American Business Reality TV series, it had 12 super curated early-stage Ed-Tech Startups, finalized from 1100+ Investment Applications. On the day of The Final Battle, the finalists pitched for investment in front of 50+ Investors, as well as 350+ EdTech industry participants and startup enthusiasts who witnessed the event.The Final Battle followed the Edupreneur Village Challenge, which took place during Oct to Dec 2018. The Challenge was launched by the Edupreneur Village Fund, and received more than 11,000 registrations and 1100+ investment applications. A thorough feedback was provided to all the investment applications in order to enhance their business models. They were also encouraged to apply again in upcoming Edupreneur Village Challenges. Herein, 50 start-ups were shortlisted in the first round by Feb 2019. Edupreneur Village Fund extended support to these start-ups at every step helping them create an extensive business report.As the next step, 30 out of those 50 start-ups were invited to pitch their ideas to the investment board including some of the prominent figures in the education industry.Thereafter, the top ten finalists were made ready to pitch in their ideas at The Final Battle.Sri Aurobindo Society initiated the early stage Venture Capital Fund - Edupreneur Village, with a focus on Education-Technology. Edupreneur Village not only invests in early stage EdTech startups across India, but also extends complete support to startups in acquiring Series-A funding through counseling, fund raising, mentorship and scaling-up support,through the Society’s massive education ecosystem network.Mr. Sambhrant Sharma, Director – Education, Sri Aurobindo Society, mentioned “In true traditions of Sri Aurobindo Society, its new initiative Edupreneur Village offered a robust platform to foster education innovation in the country. We wish to make sure that Education Innovation being done by country's EdTech start-ups reach millions of students across the country in an affordable manner. This is the only way to improve learning outcomes of teaming millions in the country.”The Final Battle:On 31st August, the 10 finalists fought The Final Battle to win crores of VC funding by pitching their ideas to 50+ investors at the Investment Battle event in Delhi. The selected start-ups successfully pitched to the investors, who were keen on investing in the EdTech space, including VC Funds, Angel Networks and Angel Investors.Venture Capital Funds such as SAIF Partners, Blume, Lumis Partners, Indian Angel Network,Tomorrow Capital, and many more were present at the event.The event was also graced with the presence of Vijay Bhai, Head of Sri Aurobindo Society, Dr.Satbir Bedi, IAS, Chairperson of the National Council for Teacher Education (NCTE), Mr.Rajesh Naithani, Advisor to MHRD, Govt. of India, and Mr. Ratnesh Jha, Managing Director,

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