Unitus Seed Fund has confirmed a seed round investment of Rs. 60 lakh in LabInApp, a Hubli-based education startup in Karnataka. Madan Padaki led Sylvant Advisors also participated in the investment round. LabInApp aims to revolutionize science learning through 3-dimensional virtual graphics. Their real-time computer graphics technology helps students to interact, visualize and explore science.
Founded by Pavan Shinde, Girish Shirigannavar, Pramod Ramdurg and Vinayak Hulabutti, LabInApp is a 3D, interactive virtual laboratory tool that focuses on heuristic approach of understanding science. This heuristic ideology allows students and teachers to perform science experiments on computers or mobile devices, and eliminates the physical barriers of an actual laboratory.
The startup’s real-time 3D computer graphics technology promotes “learn by doing” pedagogy. This improves students’ conceptual realization and arouses curiosity by its playful learning environment. Till now the startup has enrolled 35 institutions to use their 3D services in their science laboratories. These institutions are located in Tier II cities like Hubli, Dharwad, Davangere and Gulabarga. They are covering XI and XII standards for CBSE and Karnataka Board. They cover Physics and Biology subjects and have over 100 science experiments.
Pavan Shinde, Co-Founder and CEO at LabInApp said, “We are currently focusing on secondary school (CBSE), physics & biology subject lab experiments. The scope of this segment is huge since there are more than fifteen thousand such schools in India & abroad. With the support of Unitus Seed Fund and Sylvant, and little modification in the current product we can even serve state boards and ICSE syllabus.”
Unitus has also launched StartEdu3, a program which will identify, mentor, incubate, and invest in the most promising early-stage education startups. Participants for the competition will be selected by incubators participating in Unitus’ Speed2Seed Program. Education-focused business accelerator Sylvant is a Co-convener of the competition, a preferred provider of expert mentoring and incubation services for participants in the competition. He is one of the founding members of Unitus’ Speed2Seed Program.
StartEdu3 winner will receive 5 lakh cash prize. The winner and runnerup will pitch to Unitus Seed Fund for Rs. 1 Crore Seed Investment.Category Investments Startups