GYAN SHALA: A study into its long-term viability and expansion through private sector investment
Abstract
Gyan Shala is an education intervention started in 2000 by the Education Support Organization (ESO), a group of faculty members from the Indian Institute of Management, Ahmedabad, and the Institute of Rural Management, Anand. A unique model, it provides low-cost education to low-income families in urban settlements, through a network of mostly single-room centres that serve as classrooms for students from local neighborhoods. Gyan Shala is seeking to move away from this model, to a new one that involves a grade 1-10, fully-owned, stand-alone school model.
This report captures the findings from a study that assessed the range of options available to Gyan Shala (GS) to secure long-term financial viability and thereby achieve scale for an organization that is clearly benefiting the poorest of the poor and delivering learning outcomes at a lower cost than its public or private competitors. The study examined Gyan Shala’s current business model, its plans for future growth and the business viability of its growth plan. It conducted primary research into the entire spectrum of funding from venture capital to grants from foundations.
Citation
CfBT Education Trust. GYAN SHALA: A study into its long-term viability and expansion through private sector investment. CfBT Education Trust, Reading, UK (2013) 52 pp.
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