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- More than 89% Users Willing to Pay for Education Apps in India: GMC Calibrator Mobile EdTech Report
Gray Matters Capital, an impact investor focused on investing in enterprises working to improve access to affordable quality education and employability in India, has released a report titled 'Efficacy of Mobile EdTech in India: Mapping User Engagement to Learning Outcomes' outlining the key learning.
The report is based on the hands-on work done by Gray Matters Capital and the mentors of its Mobile EdTech Accelerator Program for Education and Skilling enterprises with Mobile solutions – GMC Calibrator, with the 8 companies of the first cohort which fall under the education segments of Govt Job Test Prep, Early Childhood Education (ECE), Teacher Capacity Building and Vocational Training.
Ragini Chaudhary, India CEO, Gray Matters Capital, said, "At GMC Calibrator, we work for 6 months with companies across the Education-Employability spectrum who are trying to bring improved learning outcomes and employment opportunities using both offline solutions along with digital mediums and mobile devices. Our hypothesis was that if we could help them focus on just three things - improve the user engagement, help enhances monetization and ensures optimization of the performance, we could pave the way for more scale. This report helps us get perspectives of entrepreneurs and users, so as to help us with insights to calibrate the EdTech solutions."
Debleena Majumdar, Director -Research and Growth, Gray Matters Capital, said, "The GMC Calibrator was launched with an objective to promote ‘Self Learning to Self Earning’. Traditional viewpoint says that only the ones categorized as the self-motivated learners can benefit from mobile self-learning. We believe, the ones categorized as ‘those who need a nudge’ above can also engage with mobile selflearning to earning opportunities, given the right inputs and motivation. And that starts with behavioural understanding of users. This report encapsulates these learnings of the last six months."