Immersive learning experience for children
Innovative
Season 3 Episode 37
| Brand | Myracle.io |
| Company Name | Cerebranium GmbH |
| Founders | Omkar Pimple |
| Original Ask | 1.2 crores for 3% equity at the valuation of Rs. 40 crores |
| Deal | No Deal |
About the Product
At Myracle, they recognize that today’s science education falls short in preparing tomorrow’s generation for success. Traditional approaches struggle to effectively engage students, while the rapid evolution of technology widens the relevance gap. Scaling practical education for every student remains costly, despite real-world demands for hands-on learning experiences. To address these challenges, students experience science through Augmented Reality (AR), while teachers engage them with science experiments in Virtual Reality (VR). This immersive, interactive, and effective education is made possible by Myracle’s universally accessible 4D XR technology.
All learning experiences on Myracle are meticulously aligned with State, National, and International curricula, ensuring comprehensive educational coverage. They prioritize innovation, utilizing the appropriate tools and processes to foster a conducive environment for exploration and creativity. Drawing on over 100 years of global perspectives on Technology, Learner Engagement, and Education Access, Myracle is dedicated to enriching the quality of digital education for everyone.
Founders & their story
- Omkar Pimple
Introducing Myracle.io, the innovative platform offering four-dimensional edutainment tailored for Gen Alpha, typically aged between 12 to 16 years. Myracle.io revolutionizes traditional learning by transforming the physical world into an immersive 4D science laboratory, seamlessly integrating audio, visual elements, interactivity, and physical movement.
Amidst a landscape where 7 lakh schools struggle with limited resources, often having only one microscope for every 200 students, Myracle.io emerges as a solution to enhance practical education in subjects like physics, chemistry, and biology. Accessible through a mobile device or tablet on Android or iOS platforms, Myracle.io is actively utilized in 16 schools across India, with the aim of making learning engaging and accessible to all. As a bootstrapped venture, their primary use case revolves around serving as a classroom demonstration tool, empowering teachers to facilitate interactive learning experiences. With just a tablet and a smart screen, educators can leverage Myracle.io to captivate students and bring complex concepts to life.
Currently, approximately 1200-1500 students are benefiting from the Myracle.io app, with plans to expand their reach to 1000 schools within the next three years. By bridging the gap between traditional education methods and modern technological advancements, Myracle.io strives to empower the next generation with immersive, engaging learning experiences.
About the company
Myracle.io is dedicated to cultivating Active Learning Experiences within their surroundings, aiming to elevate the standard of digital education for all. With a firm belief in the pivotal role of Learner Engagement, they navigate the complexities of contemporary and future societies. Their approach is rooted in crafting immersive learning encounters seamlessly blending learning science with accessible and inclusive technology. Noteworthy achievements include their technological innovations, which have been showcased and acclaimed at prestigious global conferences such as ADDC, APIDays, and DroidCon. Additionally, their AI research undergoes thorough peer review and gains recognition through publication in esteemed scientific journals like Springer and IJMLC. Their profound insights and contributions to digital education are widely acknowledged, resonating strongly within the public domain.
Revenue
Operating as an almost pre-revenue company, Myracle.io adopts a sustainable business model wherein they charge an annual subscription fee of 75,000 per school.
Founders’ Ask
1.2 crores for 3% equity at the valuation of Rs. 40 crores.
No Deal
Reasons for no deal
Namita: The product is not exciting.
Amit: The product is not standard.
Anupam: Generative AI disrupts the business.
Ritesh: There is no product market fit.
Aman: The founder needs to understand the Indian market better.
