23 August 2022
High Quality Skill Based Education provider among top applicants selected for Newchip’s exclusive accelerator
Edurupt, an EdTech company creating courses in the Digital Hybrid Cohort (DHC) model, was accepted into Newchip’s renowned global accelerator program. Designed to provide all the skills and tools seed-stage founders need to rapidly fund, build and scale their companies, past accelerator cohorts averaged more than 17.5 times the average funding amount. The equity-free, fully digital accelerator has helped over 1,500 founders from more than 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9 billion.
“Newchip evaluates a vast and diverse number of seed-stage companies from around the globe, selecting only a small percentage to be part of our Seed Accelerator program,” says Armando Vera Carvajal, Vice President of Product at Newchip. “This careful vetting process of both the business model and founder makes us an ideal partner for venture capital investors and other key stakeholders in early-stage startup financings who are looking for promising startups that are beginning to generate traction and revenue. Digital Education companies like Edurupt can scale quickly with proper funding and guidance. We are excited for Edurupt and believe they will be well positioned to take advantage of our fast-expanding global ecosystem at Newchip.”
Launched in 2020, Edurupt is on a mission to make High Quality, Skill-based education engaging and affordable. Since launching the company has launched the world’s first German A1 Course in the DHC model available in English, Hindi and Malayalam.
“Being part of the Newchip Accelerator, we are looking forward to launching 6 new courses available in multiple languages and expanding across India”, says Jaison Sabu, Founder & CEO at Edurupt. The company intends to hire across departments including Course Production, Academics, Sales, Marketing, Product & Engineering and expand to over 100,000 students within 12 months of completing the accelerator program.
Edurupt is an EdTech company creating courses in the digital hybrid cohort model with a vision to make high quality skill based education engaging and affordable. Edurupt has employees across India and launched the World’s first German Language course in the Digital Hybrid Cohort model available in English, Hindi & Malayalam. Since inception in 2020, the company has enabled 100s of students to acquire new skills in an engaging and affordable manner. To learn more visit https://edurupt.com
Newchip is an online, global startup accelerator led by a world-class team of entrepreneurs and investors. It was designed to provide founders with the tools needed to rapidly fund, build, and scale. Since its inception in 2019, the equity-free, remote accelerator has enabled over 1,500 startups from 50+ countries to raise over $450 million in funding with an estimated $9B portfolio. It has three distinct six-month accelerator programs based on company stage: Pre-Seed, Seed, and Series A. Its vast network of global investors, strategic partners, and mentors guide companies from team building and prototype development to securing high-profile VC investment, corporate partnerships, and everything in-between. To learn more, visit https://launch.newchip.com/.