Edubridge

2010

For-profit

Education

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Details


Region of operation

Maharashtra, Karnataka, Andhra Pradesh, Kerala, Meghalaya

Headquarters address

1-D Vijaya Bhavan, Prabhat Colony, Road No. 7, Santacruz (East) Mumbai Country: India Zip: 400055

Target problem

There are over 180 million unskilled students in India, the majority of which live in rural areas with dim prospects for acquiring formal sector entry-level employment.Due to the huge gaps in educational quality, India faces critical shortages in skilled labor availability, despite having nearly 2 million new job seekers per month.

Key product / Service

Team size

101-500

Number of beneficiaries

7000

Awards and recognition

  • “The best performing start-up” by NSDC for the high quality work done in 2011-12.

Funding and Operating Model


Funding round

Angel

Total funding raised

$ 300000

Business details

For a fee of INR 5,000 (USD 90), students enter Edubridge’s a customized job training and placement program catering to students with high-school diplomas or dropouts from urban or peri-urban training centers. Edubridge guarantees job placement for all of its customers; if no job placement is found, Edubridge will refund the entire entry fee. Challenges: Several NGOs in partnership with state and central governments run similar training programmes, some even free of cost. Even if the quality of such programmes is not high, the fact that they barely charge anything makes them more attractive. To compete with them, Edubridge had to offer its training courses at subsidised rates and partner with corporates to make the difference. Another challenge is in finding the right people, especially at the district level. Increasing the management bandwidth has also been difficult since it cannot pay on par with market rates.

Partners and key clients

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