Edutech Business Investment Opportunity in Indore, India
|Employees||10 - 50|
|Legal Entity||General Partnership|
|Reported Sales||USD 100 - 200 thousand|
|Run Rate Sales||USD 320 thousand|
|EBITDA Margin||10 - 20 %|
|Local Time||5:06 PM Asia / Kolkata|
|Listed By||Management Member|
- Online coaching platform for NTSE competitive exam.
- We are backed by a prestigious organization that is best in terms of IIT JEE preparation in central India that has an annual turnover of INR 40 crore.
- Have 2,000+ active students on the platform.
- We provide content through pre-recorded classes which can be accessed through our online portal and Android application.
- Have 25 faculty staff that are involved in the development of coaching modules.
- Android application has 5,000+ installs with 4.4 / 5 rating and we have over 100k subscribers on our YouTube channel.
- Revenue model: All students are under a paid subscription model ranging from INR 6,000 (4 months) to INR 40,000 (3 years).
- Promoter has over 15 years of industry experience.
- Our revenue has doubled compared to the previous year since the business started operations in late 2018 and we gained more users through marketing and promotion.
- Business owned assets include high-end computers, furniture, and office equipment.
Our growth statistics since last year:
- 144% growth in terms of paid subscribers.
- 200% growth in revenue.
- 101% growth in free login.
- 162% growth in channel subscribers on YouTube.
Online learning and orientation to students preparing for prestigious NTSE exam.
Rented office with 3 floors for a monthly rent of INR 40,000.
Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with this business
Earlier than 15 daysDirector, Education, Bangalore, Individual Investor / Buyer connected with this business
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with this business