Connecting Ideas With Money – Promath Technology – Siva Ramamurthy

At the Connecting Ideas With Money session that took place on the 10th of March, 2023 founder Siva Ramamurthy
pitched Chennai-based edutech startup Promath Technology.

website: www.Maths.Engineering

“The learning solution is envisaged both as an effective teaching-aid and self-learning tool, enhancing better understanding of Engineering Mathematics fundamentals and concepts with visual step-by-step problem solving and real-life applications examples.

These contents are developed with the following objectives:
1. To be used as an effective teaching aid in the class room
2. To be used as self – learning material for the students

Problems being solved:
– High failure rates in Engineering Mathematics papers
– Students are unable to understand the Engineering Mathematics concepts
– Pressure on university and colleges to provide online, asynchronous resources that are engaging, effectual, and cost-effective
– Students having backlog in engineering, mathematics paper and find it hard to clear them in the subsequent exams
– Very high failure rate for lateral entry students in M3 Paper

The platform is committed to making engineering/ mathematics topics accessible, inclusive, and enjoyable for all learners. The startup was astounded to find that according to AICTE data “average math score of first-year engineering students was below 40%”. This propelled the founders to launch this startup.

Journey so far:
– Company incorporation – May 2022
– Platform launch – Oct 2022
– 1 signed up college and 5 colleges in pilot mode – currently
– 6K+ students on the platform

Team:

They have a team of 12.

Siva (Founder) and Raja (Co-founder) have been working together for 12+ years on digital content development while Harsha (Co Founder) have been working on digital marketing for 3 + years.