Education Support Company Seeking Loan in Bangalore, India
Mobile app helping IAS aspirants prepare for exams in fun and interactive way.
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 | 7:35 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
17.8 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 1,500,000)
Reason: For operating and marketing expenses.
Collateral Available: USD 178 thousand
Includes physical assets worth
USD
5.9 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.
- 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
-
Earlier than 15 daysMD, E Commerce, Coimbatore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCo Founder, Education Management, Hamirpur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business
Tags:
Education Support Company Seeking Loan in Bangalore, India
·Lend to Education Support Company in Bangalore, India
·Education Support Company Seeking Loan in Bengaluru
·Lend to Education Support Company in Bengaluru
·Mobile App Seeking Loan in Bangalore, India
·Phone App Seeking Loan in Bangalore, India
·Education Support Company Seeking Loan
·Lend to Mobile App in Bangalore, India
·Lend to Phone App in Bangalore, India
·Mobile App Seeking Loan in Bengaluru
·Phone App Seeking Loan in Bengaluru
·Lend to Education Support Company
·Lend to Mobile App in Bengaluru
·Lend to Phone App in Bengaluru
·Mobile App Seeking Loan
·Phone App Seeking Loan
·Lend to Mobile App
·Lend to Phone App
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
9 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 114,500+ other businesses of all sizes.
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.
You might also be interested in these businesses