Impact investor company Gray Matters Capital has selected eight startups for the first cohort of its accelerator program, GMC Calibrator.
These startups are selected on basis of parameters such as vision articulation; potential to address problems at scale; potential to be disruptive; team quality; scope for impact in terms of gender and affordability; and the suitability of the mobile app for the GMC Calibrator.
Launched in April this year, GMC Calibrator is focused on improving learning outcomes via better “User Engagement Design” of mobile apps of enterprises in the ‘Learning to Earning” space.
The six-month blended zero-equity accelerator programme aims to work towards its mission of reaching one million users by 2020, of which 50% will be women and girls.
Commenting on the development, Ragini Chaudhary, India CEO, Gray Matters Capital said, “We are betting on the mobile apps of these eight organisations to help change the education and skilling paradigm as well as bridge gender gaps in education and workplace participation in India.”
Meet The Eight Startups From The First Cohort of GMC Calibrator
Laqsh Job Skills Academy: Bengaluru-based Laqsh Job Skills Academy was founded in 2008 by Revathi Kasturi. The for-profit startup offers vocational training for students from lower socio-economic backgrounds. Working with the National Skills Development Corporation, LAQSH offers skills training in IT, ITes, retail etc. It delivers vocational education to students from 469 schools across 11 states.