London, UK — Today, Pearson (www.Pearson.com), the world’s leading learning company, announces a seed investment in India’s Experifun, a company that allows teachers and students to conduct innovative science experiments and activities via low cost science kits in the classroom.
The investments were made through the Pearson Affordable Learning Fund (PALF), a $15 million fund established in 2012 that invests in entrepreneurs that are establishing innovative affordable learning solutions in the developing world.
Experifun’s innovative science kit enables students to conduct their own science experiments without requiring any infrastructure from the schools. The kits are designed to empower the teacher, not to replace them and allow students to explore while still simplifying the science concepts and making the learning process fun. The kits are adapted to fit various sets of curriculum for grades 5 through 10 such as CBSE, ICSE, Cambridge, IB and State Boards.
The science kits are already being used in over 70 schools across India. There are over 25 types of kits with 30 more on way in the coming year, that cover topics ranging from chemistry, biology, to physical science. In the upcoming years, Experifun hopes to fully map the science curriculum of India and develop national reach.
The investment builds upon PALF’s commitment to Experifun as one of the two winners of the PALF’s 2013 Edupreneurs programme. Edupreneurs is a business incubator programme that invests in entrepreneurs focusing on innovative products and services which improve outcomes and access to education for low-income learners in their country.
“We are thrilled to invest in another of our Edupreneur programme winners and excited to see Experifun’s effect on classrooms and test results in India. We believe that providing teachers with innovative and efficacious education tools can revolutionize learning,” says Katelyn Donnelly, Managing Director of PALF.
“Experifun has continued to demonstrate a clear understanding of teacher and learner needs and a commitment to improving learner outcomes. Their product pipeline is innovative, ground breaking, and can dramatically change the face of science education in India. We are excited to be working with Rakesh, Vivek, and the rest of the team in the coming months and years,” says Amar Kumar, senior vice president at Pearson, who will be joining the Experifun board.
This is the PALF’s seventh investment and represents the fund’s commitment to low-cost, innovative, outcome-driven products and services.