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Education Support Company Seeking Loan in Bangalore, India

Mobile app helping IAS aspirants prepare for exams in fun and interactive way.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Bangalore
Local Time 10:34 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 18 thousand for 15.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: For operating and marketing expenses.
Collateral Available: USD 180 thousand
Includes physical assets worth USD 6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Online guidance platform through mobile app helping IAS aspirants learn a subject with an interactive approach and gamification.
- Games are designed in an interesting way so as to help them focus on the subject, practice answering questions and consistently study where-ever they are.
- Also we are planning to scale it up for other exams like NEET, & IIT JEE.
- Since it is a free app, every aspirant who has a smart phone, can download and start using it.
- The app is launched and has received over 5K installations in less than a month after launch.
- Our business has been featured in major news papers including Times of India.
- Our target is to reach 100 thousand aspirants in the 1st year of launch.
- We have designed 4 revenue model for this:
1. Though there would be no charges for the download and usage of the app, there would be certain charges for the premium version for which the users have to pay.
2. From Google Ads, for which the companies shall pay us for displaying their ads after we reach the threshold number of downloads.
3. Display of banner ads and video ads for which other coaching institutes, colleges & educational institutions would be paying us for displaying their ads on our mobile app.
Products & Services Overview
UPSC civil services, NEET & IIT JEE exams through Android, iOS app for both mobile and tablets.
Facilities Overview
Most of our content team is working from home (as a cost cutting measure) and the tech team sits in the office which is rented and located in Peenya, Bengaluru.
Capitalization Overview
Not Disclosed
Recent Activity
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9 Investors already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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