COOL-JUNK…

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If you are a science student, then there are things you don’t tend to understand while reading. To make them easier, wouldn’t it be great if you could experience them? It will give you a much better perspective of things and would enhance your knowledge of how things work. But where do you start your experience. In CoolJunk!

So what is CoolJunk? It’s an education startup which provides students (generally 9th – 12th standard) with DIY (do-it-yourself) hardware kits which has real world projects about things students are studying in their schools. To quote an example,” a 12th science student is studying “transistor as an amplifier” and he has never seen a transistor in his life. So, CJ is actually providing Concept Oriented Training through practical implementation on hardware.”

You don’t visualize physics, you do physics.

The CoolJunk team of Gurpawan Mand – Founder & CEO, Vaibhav Sharma- Lead, School Services, and Sandeep Soni, Design Head was inspired by Junk Yard Wars (a once popular show on the Discovery Channel) and they hosted their first workshop in October 2007 “Junk-Machines” in 5 different schools of Delhi covering more than 1500 students. Seeing the bold enthusiastic response for such products, the idea of CoolJunk conceptualized. Mentored by K Ganapathy Subramanian and Vaibhav Bhamoriya, CoolJunk started its flagship program, World of Electrons, in April 2010, restricted only to 4 schools (testing). They started putting in efforts for sales in Jan-11 and reached 15 (+2) schools within a short span of 2-3 months. And the company was incorporated on 24th August, 2010

CoolJunk was started with an initial capital of Rs. 20,000. Individual angels put in money in the venture as it progressed. Their current revenue sources are annual fees for the “World of Electrons” Program and direct retail of kits as per order basis. The current distribution is through Schools. But as they scale up they would like to take “World of Electrons” brand across 12,000-15,000 private schools of India. They are currently increasing the Learning Levels of their programs via continuous R & D so that a student who enrolls in the program in 9th grade can continue up to 12th. With an intention to introduce more STEM oriented Hands-on programs- like, Rocketry, and to expand the distribution of the kits through Online Portal, Teacher Training Program in Schools, Summer/Winter Camps, CBSE & Test Preparation Coaching Centers, Electronics Retail stores and Bookstores.

About advice for young entrepreneurs, founder Gurpawan Mand came up with ‘Just do it!’

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Mohit Bansal(23) is B.Tech in Electronics and Communication Engineering from Indian School of Mines, Dhanbad, India. He has interest in business and entrepreneurship and has published couple of research articles. He is also associated with various NGOs. He is with Techaloo when it was just in concept stage. The Techaloo site was not existing even then. Currently Mohit is working with Mu Sigma as a Business Analyst Profile.

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