Zaya Learning Lab: A Case of Impact Investment
By Marina Avelar and Arushi Terway
This case study examines the evolution of Zaya Learning Labs from its initial work as a non-profit organisation to its current format as a for-profit social business, focusing on how its funding has changed over time, leveraging the impact investing ecosystem. Created in 2013, Zaya Learning Labs (Zaya) is an education technology (EdTech) company. Zaya designs and builds mobile applications, web platforms and hardware-based systems for education organisations. It also provides advisory and consulting services related to innovation in education. With a blended learning approach, its core aim is to improve the learning outcomes of underserved populations by freeing up teachers’ time and improving access to additional learning resources. Zaya’s headquarters are in Mumbai, India, where it shares office space with its sister organisation, Teach-a-Class.