Just a month after moving out of one of the most controversial Indian startups, Housing co-founder Advitiya Sharma has made a comeback. The IIT Bombay alumnus has now launched an EdTech startup GeniusTeacher to reimagine how education is delivered and consumed. Working on a hybrid model, the startup will be focused on kindergarten to class eight students and will provide solutions to neighbourhood teachers to make learning more effective.
Advitiya has roped in two co-founders from Silicon Valley. Keeping the other details undisclosed, Advitiya tells that one of the co-founder is from Twitter and the other from an IoT startup. The startup is working with a team of five including the co-founders.
The Need And The Solution
“There are over 200 million students in the K-8 segment in India. Keeping aside tier 2 and tier 3 cities, families earn over INR 30 lakhs annually and 89% of these families are dissatisfied with school education. They spend 12-15% of their income for providing after school education to their children,” says Advitiya.
With edtech boom, now students have many avenues for learning. However, one has to understand that every child has a different taste of learning. The Internet is flooded with information or solutions, but that is common for all. More importantly, technology cannot possibly replace the way students can learn directly from teachers or peers. Schools have great environment, but their learning doesn’t happen well, plus, there are platforms like Coursera, which have good content but there’s no learning environment. He added that there is no billion dollar company in the edtech space, just because tech isn’t enough.
Thus there arise a need of solution, where a student gets tech help and is groomed in a particular segment/subject in which he is not good.
“We are taking the hybrid approach,” he says.
Built on a concept that was adopted by US-based startup AltSchool (funded by Mark Zuckerberg), the startup has developed a technology solution mixed with environmental learning that can customise itself according to the learning needs of a child and cut chaos for teachers. It aims to create a knowledge graph of every child and optimise the learning process.