Edutech Company Equity Stake For Sale in Oslo, Norway
Mobile app that will be revolutionizing the way traffic schools work across the globe.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Edutech + 1 more |
| Locations | Oslo |
| Local Time | 4:29 AM Europe / Oslo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
440 thousand
for
23.0%
stake
(Native Currency: NOK 4,500,000)
Reason: - Develop and launch our first commercial product in Q1of the upcoming year.
- Strengthening our or...
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Teaser
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Business Overview
- We are an online platform working towards digital traffic schools where we suggest better and optimised exercises to meet the target.
- Currently, we are in a development phase, we will be launching our product in Q1 of the upcoming year.
- Our aim is to reduce manual labour and on-board students so they can perform their tasks in their own car, convenient time and with the teacher they choose.
- The app will be having two profiles, one for the teacher and another one for the student.
- Traffic schools will get registered through the teacher profile.
- We aim to have 95 traffic schools in Norway end of next year.
- Our revenue would be generated through a monthly subscription plan.
- At present we have 121 shareholders in the company.
- Currently, we are in a development phase, we will be launching our product in Q1 of the upcoming year.
- Our aim is to reduce manual labour and on-board students so they can perform their tasks in their own car, convenient time and with the teacher they choose.
- The app will be having two profiles, one for the teacher and another one for the student.
- Traffic schools will get registered through the teacher profile.
- We aim to have 95 traffic schools in Norway end of next year.
- Our revenue would be generated through a monthly subscription plan.
- At present we have 121 shareholders in the company.
Products & Services Overview
App will offer traffic schools a platform that reduces the need for manual administration by over 60% from current solutions.
Assets Overview
The company has no physical assets as such. We own these intangible assets- brand, product IP, research IP, customer contracts, and supplier agreements and we value our intangible assets at NOK 18,400,000.
Facilities Overview
The business has no facility, we all are working remotely.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysSenior Partner, ICT & Advisory, Pune, Individual Investor / Buyer connected with the Business
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