Edugild, Pune-based education start up accelerator initiated by Maharashtra Institute of Technology (MIT), has joined hands with Cambridge University Press (CUP) India to catalyse the tech start up ecosystem in the domain of education and to assess the technology based start up companies supported by Edugild learning and development. The collaboration MoU was signed by Ratnesh Kumar Jha, managing director, Cambridge University Press, South Asia and Rishi Kapal, CEO of EDUGILD.
"We intend to evaluate entities and provide mentorship to start ups with interest in the field of education training, skill development and knowledge management. I am sure this is a step forward to empower innovation in digital education and provide a structured ecosystem to aspiring start ups," said Ratnesh Kumar Jha Managing Director, Cambridge University Press, South Asia said.
The MoU allows EDUGILD and Cambridge University Press to bring key stakeholders on a single platform– start ups, mentors, early stage funding, publishing houses, corporates, subject matter experts, institutional partners and investors.
CUP will offer resources like strong assessment and evaluation of start ups to be accelerated, devising mentorship programs under joint guidance, knowledge management and success enhancement programs.
"It is our belief that EDUGILD and CUP joining hands to strengthen this ecosystem is with the right meeting of minds and critical for a successful amalgamation of technology and industry expertise. I believe it is critical for us to nurture this ecosystem," said Rishi Kapal, CEO, EDUGILD.
MIT is also initiating two more streams for start ups by developing centres for design and engineering at their Lone and Alandi campus respectively. These centres will act as an accelerator on similar lines of Edugild.