JITO Incubation and Innovation Foundation (JIIF), the only community-based angel network in India, has invested an undisclosed amount in NavarsEdutech, a global space edtech company centred on Space product development, education, community, and research with industry collaborations.
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NavarsEdutech has successfully reached out to over 100,000 students across 1,000 schools in 13 countries, enabling astronomy and space education through their advanced courses for K12 and undergraduate students, space Lab Setups at schools, global contests in student satellite programs, and national space innovation challenge.
With the infusion of funds, NavarsEdutech is determined to empower the next generation of space leaders, equipping them with the necessary skills and knowledge to make astronomical achievements.
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Since its inception in 2019, NavarsEdutech's educational approach, which spans from school-level engagement to collaboration with colleges, technical institutes, and companies, showcases their dedication to develop talents in product innovation around Satellite, Rockets, STEM, Coding, and Simulation tools. This approach not only helps enrich students' knowledge but also lays the foundation for a future-ready space workforce.
Pooja Mehta, Chief Operating Officer, JITO Incubation and Innovation Foundation,said, "Our investment in NavarsEdutech reflects our strong belief in the transformative potential of space education. With our support, NavarsEdutech is well-positioned to accelerate its efforts and achieve remarkable milestones in advancing space education globally."
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Dinesh Prasad, Co-Founder, NavarsEdutech, said, "We are immensely grateful for the support and confidence extended by JIIF in NavarsEdutech's vision. This strategic partnership reaffirms our commitment to shaping the future of space education and underscores the collective determination to empower the next generation of space leaders. With JIIF's investment, we are poised to accelerate our efforts, making significant strides towards transforming dreams into astronomical achievements.”
About JITO Incubation and Innovation Foundation (JIIF)
JIIF, as a subsidiary of Jain International Trade Organization (JITO), has consistently played a pivotal role in promoting innovation and entrepreneurship in India. With the support of our esteemed investors like you, we have made significant strides, investing upwards of Rs. 150 crores in 80 companies and incubating 25+ Jain entrepreneurs
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About NavarsEdutech
NavarsEdutech is a Global Space Edtech company committed to driving space education forward through its innovative courses, Space Lab Setups, and Global Contests in Student Satellite Programs.