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ThinkLABS Technosolutions

thinklabs.in

Founded Year

2008

Stage

Acquired | Acquired

Total Raised

$6M

About ThinkLABS Technosolutions

ThinkLabs is a robotics education company. The company is an IIT-alumnus venture in the field of hands-on science and technology education catering to schools and colleges. ThinkLABS aims to prepare college students for careers in embedded systems and robotics.

Headquarters Location

113/114,1st Floor Phulora CHS Opp IIT Main Gate, Powai

Mumbai, 400 076,

India

+91-22-61344444

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Latest ThinkLABS Technosolutions News

Edtech Startup FitKids Acquires Mumbai Based ThinkLABS

May 12, 2016

Google Pinterest Reddit Bangalore-based edtech startup FitKids has acquired ThinkLABS Technosolutions for an undisclosed amount in an all cash deal. With this, the team from ThinkLABS will continue to operate independently, under the ThinkLABS umbrella that will also now include the DiscoverEd program. Founded in 2010 by Dev Roy , FitKids, provides solutions in Sports & Physical Education, Creative Movement, S.T.E.M., and Career Counselling for children from Kindergarten to Grade 12. It is currently present in 160 schools in 46 cities in India. On the other hand, Mumbai-based ThinkLabs was founded in 2006 by Gagan Goyal . It provides students, requisite resources through wide variety of kits, software-based programming tools, basic & advanced level workshops, and web-based learning resources. The STEM (Science, Technology, Engineering and Maths) offering of FitKids and ThinkLABS go to the market under the brands DiscoverEd and Eureka respectively. DiscoverEd works on the model of curriculum delivery at schools by its own teachers while Eureka works on the train the teacher model. Dev Roy, Founder and Mentor, FitKids said, “There is a lack of impetus given to STEM education and Hands on Learning in India and this fundamental gap in the education system is what we try to bridge with DiscoverEd. Eureka, will now enable us to cater to tier II and tier III markets where the model of DisocverEd is not economically scalable.” The acquisition of ThinkLABS adds about 100 more schools to the existing portfolio of 160 that FitKids has across the country. By the end of this year, FitKids plans to launch a product in the education vertical-based on Artificial Intelligence and Natural Language Processing. Earlier in March 2016, on-­demand mobile tutoring platform, HashLearn , raised an undisclosed amount of funding from leading angel investors including Flipkart co-founder Binny Bansal . Other players in this segment include Byju’s , Avagmah , Meritnation , Simplilearn , Englishleap , Testbook , etc. Welcome to Flash Feed , your essential source for breaking news and innovation from around the web – bite-sized and updated all day. Advertisement

ThinkLABS Technosolutions Frequently Asked Questions (FAQ)

  • When was ThinkLABS Technosolutions founded?

    ThinkLABS Technosolutions was founded in 2008.

  • Where is ThinkLABS Technosolutions's headquarters?

    ThinkLABS Technosolutions's headquarters is located at 113/114,1st Floor Phulora CHS, Mumbai.

  • What is ThinkLABS Technosolutions's latest funding round?

    ThinkLABS Technosolutions's latest funding round is Acquired.

  • How much did ThinkLABS Technosolutions raise?

    ThinkLABS Technosolutions raised a total of $6M.

  • Who are the investors of ThinkLABS Technosolutions?

    Investors of ThinkLABS Technosolutions include FitKids and SeedFund.

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