Convegenius Insights (formerly Gray Matters India) is a Hyderabad-based social enterprise focused on providing assessment and actionanable outcomes to schools and students. It carries out comprehensive school assessments including assessment of student learning outcome, teaching quality, parent satisfaction, school leadership and learning infrastructure.
GMI has worked with over 2,000 schools, both private and government, assessing more than 450,000 students and 15,000 teachers across 15 states.
Investment Rationale
The company was incubated at Gray Matters Capital in 2009 to increase the role of assessments and analytics in K12 education and help improve educational quality by making data actionable to schools. It was spun-off as a separate entity in early 2013.
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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