The Innovation Story
The Innovation Story is a Mumbai-based ed-tech company that delivers project-based STEM, robotics, and AI education to K-12 students aged 6-18 across India through self-paced LMS courses, school partnerships, robotics competition training, social impact programs, and a premium Cambridge AI Fellowship.
- Company typePrivate
- Founded2021
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What The Innovation Story does
The Innovation Story (TIS), legally Edunnovate Technologies Pvt. Ltd., is a Mumbai-headquartered ed-tech company founded in 2021 that delivers project-based STEM, robotics, and AI education to students aged 6-18 across India. The company operates a multi-product learning ecosystem built around three core pillars — TIS Foundations (skill-building courses across programming, electronics, 3D CAD, and robotics), TIS Nurturing Innovators (custom project-driven curricula), and TIS Compete (FTC, FRC, VEX, and WRO competition preparation) — extended through seasonal summer bootcamps, a National Robotics League franchise, an Educators program for school STEM labs, and a premium 2-week AI Fellowship Workshop held in Cambridge, MA, with mentorship drawn from MIT, Stanford, Harvard, IIT Bombay, and IIT Delhi. Technology delivery runs through BuildYourStory, a custom Moodle-based LMS hosting 50+ courses and integrating tools such as Arduino, Micro:bit, Python, Flutter, Unity, Onshape, SolidWorks, PictoBlox, TensorFlow, Keras, and Hugging Face.
TIS generates revenue from four streams: paid course fees across TIS Foundations, Nurturing Innovators, and TIS Compete programs priced INR 15,000 to INR 5,00,000 per enrollment (one-time licenses, plus monthly/semester subscriptions on the LMS); premium AI Fellowship seats at Cambridge priced at the top of the range with optional ancillary AI Essentials prep; professional services to schools, housing societies, and educators for customized STEM experiences, maker labs, and train-the-trainer contracts; and CSR/grant-funded social impact delivery through Amazon Future Engineer and partner NGOs reaching underserved students. Go-to-market combines community-led acquisition via 50+ partner schools and NGO channels with event-driven enrollment through bootcamps and competitions, supported by self-serve website and LMS registration in six Indian cities (Mumbai, Hyderabad, Bengaluru, Delhi NCR, Pune, Ahmedabad) plus selective admission for the international Cambridge fellowship.
The Innovation Story firmographics
Firmographics- Name
- The Innovation Story
- Legal name
- Edunnovate Technologies Pvt. Ltd.
- Website
- https://theinnovationstory.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The Innovation Story is a Mumbai-based ed-tech company that delivers project-based STEM, robotics, and AI education to K-12 students aged 6-18 across India through self-paced LMS courses, school partnerships, robotics competition training, social impact programs, and a premium Cambridge AI Fellowship.
- Ownership category
- akta.pro rank
The Innovation Story industry classification
Industry- Product category
- STEM Education Services
- NAICS
- Computer Training (61142), Technical and Trade Schools (6115)
- SIC
- Services-Educational Services (8200), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Math & Science Interactive Learning Platforms (STEM Core) (EDAFANAH)
- akta.pro secondary industries
- STEM Project-Based Learning (PBL) & Challenge Platforms (EDAFANAI), AI/ML Learning Platforms for Students (EDAFANAE), STEM Competitions & Olympiads (Science Bowls, STEM Challenges) (EDAMABAL), Science & STEM Instruction (School-Delivered) (EDAJAFAH)
Keywords
Where The Innovation Story is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
The Innovation Story business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure
Revenue model
- Course Fees - TIS Foundations, Nurturing Innovators, TIS Compete: Revenue from skill-building courses, project-based programs, and competition preparation tracks. Pricing ranges from INR 15,000 to INR 5,00,000. Programs are available as one-time purchases with no refunds. Includes summer bootcamps, semester-length courses, and multi-phase programs.
- AI Fellowship Workshop for Global Young Leaders: Premium immersive 2-week on-campus program at Cambridge (MIT/Harvard vicinity) with accommodation included. Priced at the upper end of the INR 15,000-5,00,000 range. Includes mentorship from global experts, industry visits, and credential upon completion.
- School and Educator Partnerships: Revenue from schools, housing societies, and educators for customized STEM experiences, maker labs, train-the-trainer programs, and holiday bootcamps. Contact-based pricing model for institutional buyers.
- Social Impact Outreach Programs: Free and subsidized STEM programs for government schools and underserved communities through partnerships with Amazon Future Engineer and NGOs like Salaam Bombay, AriseHealth, and Akanksha Foundation. Funded through corporate social responsibility partnerships.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Entry-level courses and bootcamps (Python Summer Bootcamp, Robotics Summer Bootcamp) |
| Subscription | Monthly | Skill-building courses (Arduino, Python, 3D CAD, Electronics, Robotics, Web/App Development) |
| One time/ perpetual license | Pay-as-you-go | AI Fellowship Workshop for Global Young Leaders - Cambridge (June 22 - July 4, 2025) |
| One time/ perpetual license | Multi-year contract | Competition programs (FTC, FRC, VEX, WRO preparation) |
| Unit Pricing | Pay-as-you-go | Nurturing Innovators - Custom project programs |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels8 records
The Innovation Story product offering
Product offeringCore offering
The Innovation Story (TIS) delivers project-based STEM education to K-12 students in India, selling structured courses, bootcamps, and competition preparation programs in robotics, AI/ML, coding, and 3D design. It operates a Moodle-based LMS (BuildYourStory) hosting 50+ courses, runs premium international fellowships such as the AI Fellowship at Cambridge, and delivers in-school STEM curricula and educator training through school and NGO partnerships.
Product overview
The Innovation Story (TIS) is an educational technology company offering a multi-product STEM learning ecosystem. The portfolio centers on three core pillars: TIS Foundations (skill-building courses in robotics, programming, and AI), TIS Nurturing Innovators (custom project-based learning), and TIS Compete (international robotics competition preparation). The company operates the AI Fellowship for Global Young Leaders, a prestigious Cambridge-based bootcamp with MIT/Stanford/Harvard mentorship, alongside seasonal bootcamps (Python, Robotics Summer programs) and National Robotics League. TIS Schools delivers grade-specific STEM curricula, while Educators services help schools establish STEM labs and train teachers. The Social Impact arm extends programs to underserved communities via Amazon Future Engineer partnerships. All programs are delivered through the Buildyourstory LMS platform, with physical learning reinforced through the Makerspace facility.
Differentiator
Problem solved
Functional benefit
Brands
- TIS Foundations: Skill building courses for STEM fundamentals through project-based learning including 3D designing, electronics, programming, robotics, mathematics, and AI courses
- TIS Nurturing Innovators
- TIS Compete
- TIS Schools
- AI Fellowship for Young Global Leaders
- Build Your Makerspace
- Build Your Story
Products and services
- TIS Foundations Skill-building courses that teach STEM fundamentals through project-based learning for students across electro-mechanical, programming, digital development, and AI domains.
- TIS Nurturing Innovators Custom-designed project-oriented curriculum that guides students through design thinking and prototyping to bring their own dream projects to life with mentor support.
- TIS Compete International robotics competition preparation program for FTC (First Tech Challenge), FRC (First Robotics Competition), VEX Robotics, and World Robot Olympiad, including CAD and Java skill building.
- AI Fellowship Workshop for Global Young Leaders 2-week immersive AI bootcamp held in Cambridge, MA near MIT/Harvard, combining AI essentials, design thinking launchpad, venture building, AI/ML/NLP training, and an Innovation Fest for driven high school students globally.
- Python Summer Bootcamp 12-day intensive Python programming bootcamp aimed at students building a strong Python foundation, with TIH@IIT Delhi certification.
- Robotics Summer Bootcamp 12-day intensive robotics bootcamp covering Arduino foundation training with TIH@IIT Delhi certification.
- National Robotics League 2025 National-level robotics league competition program for schools across India, run as a TIS-branded school competition.
- TIS Schools School-specific STEM programs including Applied Robotics and AI (Grade 5-7), Physical AI and Product Innovation (Grade 8-10), and Robotics & Design Foundation (Grade 3-4) delivered through partner schools.
- TIS Educators Professional development services for educators including after-school programs, train-the-trainer programs, maker lab setup, and holiday bootcamps for schools and institutions.
- Social Impact Programs Equity-focused STEM education initiatives reaching government schools and underserved communities, including Amazon Future Engineer partnership, NGO collaborations (Salaam Bombay, Akanksha Foundation, AriseHealth, Sankalp, Toogether, The Paak), and robotics training programs.
- BuildYourStory LMS Moodle-based learning management system at buildyourstory.theinnovationstory.com hosting 50+ courses across programming, robotics, AI, design, and competition tracks, with online enrollment and progress tracking.
Quantifiable outcome
- TIS has trained 9500+ students from government schools across India in STEM programs
- +7 more outcomes
Companies that use The Innovation Story
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
The Innovation Story technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature4 records
The Innovation Story partnerships and signals
Strategic signalPartnerships
21 partnerships are on record, tiered flagship, core and minor.
- MIT Media LabflagshipMIT Media Lab professor Ramesh Raskar serves as primary faculty lead for the AI Fellowship Workshop for Global Young Leaders. He provides thought leadership quotes and actively mentors students. TIS programs are designed in collaboration with experts from MIT.
- Harvard UniversitycoreHarvard University provides curriculum guidance and expert speakers for the AI Fellowship program. 8 TIS students secured internships with Harvard professor Dr. Protopapas after a 15-day AI Deep Dive workshop.
- Stanford UniversitycoreStanford University provides curriculum guidance and expert speakers for TIS programs, particularly in AI and innovation content.
- IIT BombayflagshipIIT Bombay provides curriculum guidance, research opportunities, and hosts programs like NextGen@IITB Summer School and ImmersionX at the Wadhwani Electronics Lab. TIS students have access to IIT Bombay's maker spaces and research labs.
- IIT DelhiflagshipIIT Delhi's Technology Innovation Hub (TIH@IIT Delhi) partners with TIS for the Young Tech Innovator program. TIS summer bootcamp students receive TIH@IIT Delhi certification. Joint robotics training programs for government schools.
- Barker CollegeminorBarker College (Australia) provides curriculum guidance and international exchange opportunities for TIS students.
- Wadhwani Electronics Lab at IIT BombaycoreThe Wadhwani Electronics Lab hosts the ImmersionX program, a one-week STEM electronics and innovation bootcamp for students Grades 8-12. Led by Siddharth Tallur with IIT Bombay faculty guidance.
- Amazon Future EngineerflagshipAmazon Future Engineer is a comprehensive childhood-to-career program partnered with TIS to increase access to computer science education for children from underserved communities. Together AFE and TIS guided 4000+ students from 2021 to 2023. Focus areas include girl students, differently-abled students, underserved communities, and pan-India students.
- Salaam Bombay FoundationcoreTIS supports Salaam Bombay Foundation's robotics and STEM education for underprivileged children. Their team represented India at FIRST Global Challenge Geneva, ranking 29th of 167 countries.
- IHFC-IIT DelhicoreInnovation Hub at IIT Delhi partnered with TIS for Young Tech Innovator program, conducting robotics training in Mumbai government schools for over 4000 students.
- Sankalp NGOminorTIS supports Sankalp NGO which specializes in educating hearing-impaired children. Students from Sankalp prepared for AFE annual exhibition STEMVERSE with TIS guidance.
- AriseHealthminorNGO partner for social impact STEM programs. AriseHealth focuses on healthcare and education intersection, working with TIS for robotics and technology training.
- Akanksha FoundationminorAkanksha Foundation partners with TIS to provide STEM education to children from low-income communities through their school programs.
- ToogetherminorToogether is an NGO partner supporting TIS social impact programs in underserved communities.
- The PaakminorThe Paak is an NGO partner contributing to TIS social impact and outreach initiatives for underprivileged students.
- EphicientminorEphicient is an industry partner providing internships, sponsorships, and showcase opportunities to TIS students.
- Addverb TechnologiesminorAddverb Technologies, a robotics and automation company, partners with TIS to provide industry exposure, internships, and showcase opportunities for students.
- 2020INCminor2020INC is a startup ecosystem partner providing mentorship and innovation support for TIS students and programs.
- Dhirubhai Ambani International SchoolcorePremier international school in Mumbai as TIS school partner. Students from the school participate in TIS robotics competitions and programs.
- American School of BombaycoreInternational school in Mumbai partnering with TIS for STEM curriculum, maker labs, and robotics competition teams.
- CapgeminiminorCapgemini provides internship, sponsorship, and showcase opportunities for TIS students as part of their industry engagement and STEM education initiatives.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
The Innovation Story competitors and assessment
Company assessmentDirect peers
- Avishkaar: India-based STEM and robotics education company offering DIY kits, curriculum, and competitions (including FIRST-affiliated programs) for K-12 students. Direct comparable to TIS in target customer (K-12 India), product (STEM kits + curriculum), and competition-led GTM.
- STEMROBO Technologies: Indian STEM/robotics education provider delivering AI, coding, and robotics curriculum to schools and students across India. Closely comparable to TIS in offering mix (courses, school partnerships, robotics competitions) and customer base (Indian K-12).
- Robotix Learning Solutions: India-based STEM and robotics education company operating school programs, kits, and after-school courses for K-12 students. Directly comparable to TIS on robotics curriculum, school partnerships, and India-centric delivery.
- OBotz: Franchise-based AI, robotics, and coding education provider for K-12 students, primarily in India and the Middle East. Comparable to TIS in target audience, AI/robotics curriculum, and reliance on school and center-based delivery models.
- Young Tinker: India-based maker education and STEM learning platform providing hands-on curriculum, makerspaces, and educator training for K-12. Comparable to TIS in project-based learning emphasis, makerspace infrastructure, and educator partnerships.
- WhiteHat Jr: India-focused 1:1 coding and AI education platform for kids, now part of BYJU'S. Directly comparable to TIS in K-12 coding/AI focus and India GTM, though with a live-class model and far larger marketing budget.
Broad incumbents
- Tynker: Global self-serve coding education platform for K-12 with a broad library of coding, game development, and robotics courses. Comparable to TIS's coding and AI curriculum but operates at much larger global scale and serves schools and consumers worldwide.
- Code.org: Non-profit provider of free K-12 computer science curriculum and global advocacy for CS education. Thematically comparable to TIS's mission and AI/coding curriculum, and a potential distribution or content partner rather than direct paid competitor.
- Cuemath: India-focused K-12 math and coding EdTech platform with global reach. Adjacent comparable to TIS in K-12 India customer, online+offline delivery model, and premium pricing; less direct in robotics and competition focus.
Others
- FIRST Inspires: Global organizer of FIRST Robotics Competition (FRC, FTC, FLL) used by TIS teams and the AI Fellowship ecosystem. Not a competitor; rather an ecosystem enabler whose competition framework underpins a significant share of TIS's TIS Compete revenue.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
The Innovation Story social profiles
Digital presenceThe Innovation Story financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Innovation Story leadership team
Management profileNumber of profiles
Profiles4 records
The Innovation Story funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Innovation Story M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Innovation Story
What does The Innovation Story do?
The Innovation Story (TIS) delivers project-based STEM education to K-12 students in India, selling structured courses, bootcamps, and competition preparation programs in robotics, AI/ML, coding, and 3D design. It operates a Moodle-based LMS (BuildYourStory) hosting 50+ courses, runs premium international fellowships such as the AI Fellowship at Cambridge, and delivers in-school STEM curricula and educator training through school and NGO partnerships.
Is The Innovation Story a public or private company?
The Innovation Story is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was The Innovation Story founded?
The Innovation Story was founded in 2021. It employs 11 to 50 people.
Where is The Innovation Story based?
The Innovation Story is headquartered in Mumbai, India, in the Asia region.
How does The Innovation Story make money?
Four revenue lines are on record. Course Fees - TIS Foundations, Nurturing Innovators, TIS Compete is the primary driver. The others are AI Fellowship Workshop for Global Young Leaders, school and Educator Partnerships and social Impact Outreach Programs.
Who are The Innovation Story's main competitors?
Direct peers on record are Avishkaar, STEMROBO Technologies, Robotix Learning Solutions, OBotz, Young Tinker and WhiteHat Jr. Broad incumbents are Tynker, Code.org and Cuemath. FIRST Inspires is listed as an others.
Does The Innovation Story have an API?
No public API is recorded for The Innovation Story.
What industry is The Innovation Story in?
The Innovation Story's product category is STEM Education Services. Its primary akta.pro industry code is EDAFANAH, Math & Science Interactive Learning Platforms (STEM Core), with a secondary code of EDAFANAI, STEM Project-Based Learning (PBL) & Challenge Platforms. Its NAICS code is 61142 and its SIC code is 8200.