Posted By Graymatterscap On Fri, Apr 6, 2018

Chrysalis is a Chennai based educational reform organization that is committed to bring a change in the India’s education system. It’s flagship product – ThinkRoom is a student-centric academic programme developed in-house after 16 years of intense pedagogic research. It aims to help every school student to discover his or her potential while developing academic excellence and replaces programmes and textbooks whose focus is limited to academic outcomes.

Since its inception in 2001, Chrysalis has changed the way more than 250,000 students in over 500 schools across 11 states in India learn.

Investment Rationale

One of the most innovative, mission driven and student centric educational enterprises in India with the potential of bringing about a tangible change in the way education is imparted in schools and thereby addressing the critical need to improve quality of education. In addition it is a woman led education enterprise, was a strategic fit for gender lens investing.

About Graymatterscap

Gray Matters Capital (GMC) is an Atlanta based impact investor with a gender lens that is on a mission to “Find a more purposeful life for 100 million women by 2036." Aligning with its mission is its strategy of making sector agnostic investments globally in for-profit enterprises whose products and services benefit women and girls at scale.

GMC sees education, primarily catering to under-resourced and low and middle income sections of the society, as a powerful tool to bring about gender equality and social equity. Over the past 12 years, it has focused on supporting the education ecosystem India by funding for-profit enterprises in the ‘learning to earning’ space, besides being pioneers in establishing the school finance industry catering to low cost private schools in India with Indian School Finance Company (ISFC); Pakistan with the set-up of Taleem Finance Company Ltd (TFCL), in addition to Nigeria (with EdFin Microfinance Bank).

GMC has till date funded over 80 enterprises across the world to the tune of US$ 125 million.

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