Pearson, the World’s leading learning company, has announced a minority equity investment in Zaya labs (www.zaya.in), the school service provider delivering high-quality blended learning experiences for schools serving students from low income families.
The investment was brokered by the Pearson Affordable learning Fund (PAlF) and it marks the fifth PAlF investment and its first in an education technology company in India. The Pearson Affordable learning Fund was set up in July 2012 to support early-stage high-quality education enterprises serving weaker socio-economic groups.
The PAlF’s investment in Zaya labs will be utilised for continuous product development while continuing to demonstrate superior learning outcomes in classrooms.
Katelyn Donnelly, the managing director of PAlF, commented, “Zaya labs has demonstrated an unrivalled commitment to learner-centric product development, incorporating extensive teacher and student feedback into their product iterations. This is critical when working within the affordable segments of the Indian school market, where there are often infrastructure and connectivity challenges. This focus on not just product quality but successful implementation is what differentiates them from other education technology companies in this sector.”