Edutech Business Seeking Loan in Newasa, India

An NGO developing a sustainable educational platform to help rural students seeks funding.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
3:23 AM India
Listed By
Business Owner / Director
Status
Recently Active
Overall Rating
Seeking Loan
USD 140 thousand for 12.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: To complete the development of software product, to develop the content, for marketing and working c... View More
Collateral Available: USD 280 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Logo
Business Overview

- An NGO in Maharashtra developing a sustainable educational platform to help rural students.

- Students from class 1-12 will be able to use our platform to prepare for school exams and competitive exams.

- We are developing an Android app along with the website.

- The product will be launched in a month.

- The content will be in English and we will offer content for free. However, we would charge a nominal fee for student assessment.

- Our NGO is registered under the Maharashtra Co-operative Societies Act 1950.

- Promoter was a school principal and is a social worker who has worked in multiple rural development projects.

- Business does not own many physical assets as it is a start-up organization.

Products & Services Overview

We are developing an Edutech platform and an Android mobile app for rural students. Students from class 1-12 will be able to use our platform to prepare for school exams and competitive exams.

Facilities Overview
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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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