Posted By Graymatterscap On Fri, Oct 12, 2018

Jaipur based Tinkerly (Formerly SRJNA), a brand of Elation Edtech Pvt. Ltd., helps schools to integrate hands on, affordable and turnkey STEM (Science, Technology, Engineering & Maths) solutions in their regular curriculum by setting up and facilitating Innovation and Tinkering Labs.

Tinkerly sells its STEM kits directly to schools and has facilitated the set-up of its labs in 100+ schools benefitting 50,000+ students and 1000+ teachers across 26 cities in 15 states.

Tinkerly is well placed to benefit from the Government’s flagship program Atal Innovation Mission (AIM) with its dedicated studio labs it sets up in schools to transform ideas into reality via 3D printing, Robotics, IOT, as well as through mechanical and electrical tools in STEM Tinkering Kits. Besides the Tinkering Labs, Tinkerly also facilitates experiential learning of STEM concepts in K10 classrooms through its Innovation Labs comprising teaching aids and student assessments over an online platform. It adopts a 5 dimensional learning approach of seeing, touching, feeling, understanding and performing which help students see the concepts taught by the teacher function in real-time in the classroom.

Investment Rationale

The funding is aimed at helping Tinkerly augment its content R&D, technology and building a channel partner network for faster growth across the 1.5 million addressable school market in the country. Besides this, Gray Matters Capital’s funding of Tinkerly is a step to make a difference to the lives of over 250 million school students particularly  to get more girl students interested in STEM to bridge the gender gap. This funding is in line with the belief that there is a link between imparting STEM concepts in an experiential manner to improving learning outcomes.

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.

To know more, visit: graymatterscap.com