According to a recent report released by Cornell University, INSEAD and World Intellectual Property Organisation (WIPO) India stood at a respectable number 66 (up 16 points from last year’s 81) on the Global Innovation Index.
Two key factors were responsible for this leap – digitisation of the economy across sectors, especially ICT and increase in high quality colleges and universities. At the heart of it, edtech startups are the perfect combination of the advantages afforded by incredible developments done for mobile-first India and newer ways of imparting quality education. Both children and professionals alike who are looking to upscale their existing skill sets or branch out into fields of interest are benefactors.
Adding to this is a third, slightly more alarming factor – the increasing dependence on Artificial Intelligence (AI) and Machine Learning leading to the creation of robots and drones for menial jobs and labour-intensive tasks. It is estimated that robots will replace about 6.4 Lakh low-skilled jobs in the IT sector by 2021 in India alone.
Combining all these pain points together allowed for a one-stop solution provided by online boot camp edtech platform AcadGild.
“Participants are very passive in most e-learning courses,” says Vikalp Jain who is a co-founder of the one-year-old startup, along with Silicon Valley-based serial entrepreneur, Vinod Dham. “Currently, there is no way for users to actively participate in what they are traditionally learning and apply it to attain a job skill,” he adds.
AcadGild, a gamified platform has a suite of professional certificate courses that aim to teach hands-on, job ready software programming and business skills, globally, in small batches of 8 to 10 to both students and working professionals. Believing it essential to create an ecosystem for skill development where higher education is a basic human right are two of the most important factors driving the platform forward.