Partnering with UDGAM for an EdTech Accelerator program powered by NUMA in Delhi NCR
Updated: Mar 28, 2019
By Farish CV (Head of Acceleration & Startup Programs - India at NUMA)
NUMA’s acceleration programs bring high-quality mentorship, business opportunities, international network & offices in 8 countries and funding support to the best startups around the world since 2011. In India, we have been supporting early-stage startups to fast-track their product market fit, accelerated 21 startups and supported many more through our other startup initiatives.
Today we are announcing our partnership with UDGAM; a Delhi NCR based incubator and seed investor for a 6-month acceleration program for EdTech startups in Gurugram. UDGAM is an entrepreneurial hub for the early stage entrepreneurs. They educate, transform, inspire and support budding entrepreneurs and their startups.
The goal of the UDGAM Accelerator powered by NUMA program is to fast-track the growth of early-stage EdTech startups to become investment-ready companies with a tailored program, mentoring and network.
Together with UDGAM, we are offering a program for early-stage EdTech startups to be successful, find the product-market-fit and be an investment-ready company.
Tailored program to accelerate the Startup growth: In the beginning, startups will be taken through multiple bootcamps on the various core functions of a business including Design, Technology/Product, Growth Hacking, etc. to help startups strengthen their product and build a business strategy. At the end of these bootcamps, we will be helping each startup to create their OKR/roadmap with clear KPIs and in the next 5 months, we will support them on the execution of this roadmap.
Quality mentoring by some of the best mentors & in-house experts: The startups will be surrounded by some of the best in-house experts and introduced to the right mentors. In addition to the team, an Entrepreneur in Residence and Growth Hacker in Residence will support the startups to execute their product and growth strategy.
Access to international & local networks around the EdTech industry: An actionable network is a key feature of any startup program. The selected startups will be introduced to international & local networks of corporates, experts/mentors, founders, partners, universities and foreign official delegations to enable the startups to build their own networks.
Support on cash burn and fundraising: The headquarter of the startups during the program will be the UDGAM hub which provides world-class workspace and facilities. Startups will also get access to € 700k worth of perks and to international & locals investors for fundraising support.
EdTech industry and Startups
Education is one of the booming sectors around the world but we have just seen the tip of the iceberg when it comes to innovation in this field. Educational Technologies (EdTech) cover a wide spectrum of activities and every age of life, from childhood to career development, leading to workforce/organization change. They regroup every technology making learning or teaching more efficient (assimilation of knowledge, motivation, cooperation).
At NUMA, we strongly believe that Education is one of the global challenges of 2030. Our mission is to empower mission-driven innovators solving these urgent global challenges. We accelerated startups like FollowClass, which is working with more than 500 educational institutions in India & abroad helping them with the management of day to day activities and AI-powered insights into students & teachers performance. We are looking to support many more Edtech startups with UDGAM.
India already has its EdTech unicorn startup and a few more incredible companies in the making. We are looking for exceptionally talented founders who are solving education challenges from some of the following focus areas using technology while delivering unique & ambitious business visions.
Early Care and Education
Training / Skill Development
Other education areas
Learn more and apply here before 25th Dec 2018 - www.udgam.net/accelerator
We are committed to support the ecosystem with such strong support system & help build future-proof organizations and tech startups by making change happen faster with greater impact. We have more such programs coming up in different parts of the country. Stay tuned!