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Edutech Company for Sale in Bangalore, India

Enabling knowledge and skills through learning management system and digital learning contents in various domains.

Established 10-20 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Edutech
Locations  Bangalore
Local Time 1:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 64 thousand (Native Currency: INR 5,500,000)
Reason: Lack of finance and bandwidth to run the business.
Includes physical assets worth USD 1.17 thousand
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Business Overview
• Dormant e-learning company with its own learning management system and e-learning contents: Company has connects with industry apex bodies and marquee clients, which the acquirer can leverage and also exploit the huge opportunities that are now available in EduTech space due to COVID pandemic effects.
• Promoted by an ex-banker who moved into software sphere and gained vast experience and global exposure. He is one of the key functional architects of the world’s leading core banking software and a mentor for another one in Africa. He is very passionate about leveraging technology to benefit organizations and individuals through enabling, educating, evaluating and providing knowledge/skill solutions.
• Was an early mover into EduTech space having started operations over 10 years back with a good start and was active for 6 years, attaining break-even point. Connected with various top-notch organisations in banking, retail, accounting, insurance, IT, education sectors to offer products/services or to partner with them.
• Later, the company had plans for bigger things and approached investors with proposals. Unfortunately did not succeed in getting funds. Was lacking funds to market products, services and sustain and thus had to halt the activities. However, have been submitting statutory returns.
Some highlights:
• Service provider to the country’s apex body for banking and finance professionals (largest of its kind in the world) by designing, developing and deploying online learning sessions on banking under the software as a service (SaaS) model. It had about 37,000 registered users in a span of 6 years comprising of institute’s course students, clerical and officer recruits of about 18 banks.
• Developed own e-learning platforms (Learning Management System or LMS).
• Partnered with an apex body for the Indian retail sector, developed digital learning contents.
• Designed and developed a unique e-commerce website (digital platform) for a well known NGO which has a presence in over 150 countries.
• Developed video-based learning contents on insurance topics for an industry education organisation.
• Had tie-ups with 7-8 big corporate clients during operations.
• Partnered with one in the top 4 IT companies in India to develop e-learning contents. This contract is valid if the new buyer wants to continue this.
• Was shortlisted by NASSCOM to design and develop digital contents on Info Tech topics for their project, but due to their internal reasons, the project did not take off.
• Submitted proposals to many leading organisations/ industry leaders in various sectors.
Products & Services Overview
Learning management system:
• Well designed, simple yet secure and easy to use application.
• Menu driven and modular structure with smooth navigation.
• Supports multiple entities and multiple branches.
• Features takes care of the requirements of student/trainee, tutor/trainer and management.
• Can create any number of courses.
• Can work on an onsite model or on software as a Service (SaaS) model.
E-Learning contents:
• Course on retail operations: Foundation course to help equip the new entrants and existing retail employees with the basic knowledge and industry-specific skills to face the ground realities in their retail careers.
• E-learning on core banking solutions in English and Hindi.
• Digital learning contents on various banking topics.
Note: Requires little tweaking to make it ready for use.
Assets Overview
Learning management system software, website (Currently non operational), E-learning contents, hardware items such as books, computers and printers.
Facilities Overview
While in operations we were using the shared facility. Currently, we do not have an office space.
Capitalization Overview
Not Disclosed
Recent Activity
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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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