![]() To begin with, JumpDQ is a product which the educational institutes can sign up for accepting fees and applications online. “Selling to schools has been a huge problem and so we thought of cutting down this step,” says Pradyut. JumpDQ wants schools to signup and start accepting payments and JumpDQ has no setup fees here. The idea is to get schools using this and the revenue model would be built around the commissions per transaction. JumpDQ has been developed on RubyOnRails by a few developers whom Pradyut has hired. Still in very early stage, Pradyut is on the lookout to hire a couple of sales folks to push the product out. “We’re doing a pilot with three schools and a college at the moment and we’re just about a couple of months away from the application season when we’ll be able to validate the product,” says Pradyut. Based out of Chennai, JumpDQ is completely bootstrapped at the moment and is also looking for funds to hire and scale up. It’ll be interesting to see if the schools lap up to the idea. The education space along with healthcare have been right up there on everyone’s list and the momentum is heartening. Technology has the potential to be applied in various spaces within education and a growing number of startups plugging themselves will help move the area evolve faster. ![]() Edustars is one of the initiatives by YourStory that recognizes education startups ( Knolskape is the latest one) and helps foster the culture of entrepreneurship to innovate in education. Mumbai Angels, India’s leading angel group, hosted the Asian Business Angel Forum in Mumbai which saw participation from over 200 angels from all across Asia. One of the highlights of the forum was the fireside chat between Pravin Gandhi of Seedfund and Phanindra Sama of redBus. Phani (as we all fondly call him) recently had a blockbuster exit and is a role model for every budding technology entrepreneur in India.
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