‘Idea of a good education is “drastically reducing loads of sterile information and giving emphasis on comprehension and understanding, and sharing the joy of understanding’ Sarower Shiv, Co-Founder of Concepts Lab, Pune quotes Prof. Yashpal, People’s Scientist during a chat with India Startup360. ‘We also organize Events like Science Project Festivals, Solve your Surrounding problem with innovative idea Contest’.
Concepts Lab does research in Educational Toys with Do It Yourself methodology. It is the process of constructing, changing or fixing things that make them keen observers which is a gift they will use for a lifetime. The vision of Concepts Lab is to foster curiosity, creativity, and imagination in young minds. Young children will get a chance to work with tools and equipment to understand what, how, and why aspects of day to day science.
‘We had a deep appreciation for the creative, hands-on projects that encourage this kind of thinking, but as a parent, we often found that our best intentions fell short. It was tough to find the time to do the research and come up with an idea’ says Shiv. ‘As a social outreach responsibility, we decided to donate one kit for every 10 kits sold to an underprivileged kid or school to give them the same knowledge and opportunity as other kids’.
The vision of Concepts Lab is to foster curiosity, creativity, and imagination in young minds. Young children will get a chance to work with tools and equipment to understand what, how, and why aspects of day to day science. Concepts Lab does research in Educational Toys with Do It Yourself methodology. It is the process of constructing, changing or fixing things that make them keen observers which is a gift they will use for a lifetime.
‘The educational toys market is poised to grow by $ 24.30 during 2020-2024 internationally progressing at a CAGR of 15% during the forecast period. Reports on the educational toys market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges suggest that the introduction of subscription services for STEM toys as one of the prime reasons driving the science, technology, engineering and mathematics (STEM) toys market growth during the next few years. Also, the growing popularity of coding robot toys and rising application of AI in STEM toys will lead to sizable demand in the market.
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