Disruptive Ideas For 270 Million-Strong Enrolled K-12 Student Population: Report

Aspire Circle, Impact Leadership champion and advocate released a report titled Investing for Impact: Education, Skills & Edtech.

Even as the pandemic has precipitated an unprecedented jump in online education and job upskilling uptake in the country, a report titled Investing for Impact: Education, Skills & Edtech has been released by Aspire Circle, the foremost Impact Leadership champion and advocates in the country. 

Setting out 10 disruptive investment ideas which can bring about a transformational change in the way Indians receive their education as well as post-education skilling and training facilitated and catalysed by new-age educational and training technologies – the report points a way forward for developing and building human capital in keeping with the needs of the 21st century India. The ten ideas which have been identified in the report can be spelt out as the following sub-segments: Technology-enabled K-12 Education; Online Test Preparation Platforms-led Inclusion & Affordability; Supplemental & Extra-curricular Education; Teacher Training & Development; Affordable Education Loan Platforms; Gig Economy & Unbundled Micro tasking; Affordable Student Housing; Innovative Finance in Education & Skilling; Micro and Alternative Credentials for Employability Skills and Social and Emotional Learning. 

Some of the leading participants who contributed to the putting together of this report are as follows: SS Mantha, Former Chairman, AICTE; Navtez Bal, Executive Director, Microsoft; Anurag Pratap, VP and CSR Leader Cap Gemini; Safeena Husain, Founder & ED, Educate Girls; Gayathri Vasudevan, Chairperson LaburNet; Mark Parkinson, CEO, CIA First School; Nirav Khambhati Managing Partner, Kaizenvest; Osama Manzer Founder, DEF; Raj Gilda Founder, Lend-a-Hand; Ramya Venkatraraman Founder & CEO, CENTA and Vikas Goswami, Head of Consulting, Boundless Environment Resource Solution.

This was the second in a series of reports by Aspire Circle as a part of the larger and overarching programme of generating 100 Impact Ideas for India’s Inclusive Growth with India’s largest collaborative research initiative involving over 200 experts with an eye on shaping India’s Impact Economy.

While Over 1.5 million schools make up the Indian education system, the country has the world’s largest population of about 500 million in the age bracket of 5-24 years who would potentially require education, according to estimates.