Edutech Company for Sale in Iloilo City, Philippines
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | C Corporation |
Reported Sales | INR 31 lakh |
Run Rate Sales | INR 35 lakh |
EBITDA Margin | 20 % |
Industries | Edutech |
Locations | Iloilo City |
Local Time | 6:45 AM Asia / Manila |
Listed By | Business Owner / Director |
Status | Active |
- The company has a team of 5 employees and has developed a platform where students can hire subject experts for homework assistance.
- The core products of the company are homework help services and an experimental AI tool designed for college students, which has already attracted 630 monthly active users in just three months.
- The business has achieved a total revenue of approximately USD 150,000 and has completed over 6,000 assignments to date, demonstrating a strong track record in the Edutech market.
- With an annual revenue of USD $40,000 and a rapidly growing user base of 5,000 Monthly Active Users, the company is positioned for significant revenue growth, having already achieved a 2x year-over-year revenue increase.
- The business was founded in 2021 by a college student and operates in partnership with AppWorks and a well-known college, indicating strong industry connections and support.
- The company’s future plans include the monetization of its AI tool through a subscription model, leveraging the potential of its growing user base and innovative technology to drive further revenue and market expansion.
- Currently the website charges it's users based on the specific task availed by the user.
Homework help - A student places an order through our site, and then speaks to a task manager (TM) who connects the student to the best-suited expert for the assignment. The expert does the assignment and then sends the final output to the TM for quality control checking and improvement. Once the assignment is complete, it is sent to the student.
AI tool - An experimental AI model that grew to 630 Monthly Active Users in 3 months. (Imagine ChatGPT find-tuned for college students). This will be monetized through a subscription model in the future.
Tangible assets-: Laptops & phones worth around 100,000 pesos.
- No loans or debt.
- Expansion was financed by net income.
- Founder owns 100% of the company.
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Earlier than 15 daysVice President, Financial Services, Luxembourg, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Consultant, Advertising Services, Makati, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, BPO Services, Windsor, Individual Investor / Buyer connected with the Business