Edutech Company Investment Opportunity in Chennai, India

- We are an IT services company that has developed a tablet that is integrated with our proprietary education-specific Android operating system.

- Business was established in 2016 but was incorporated in 2020.

- We supply schools with tablets and provide individual servers. Operations have started and we are already generating revenue.

- Schools can also avail new tablets every alternate year.

- We have two revenue streams - in the form of an annual subscription and a one-time purchase of the tablet.

- We are already in the quotation phase with 60 schools.

- The content on the platform will be curated by the teachers of the client schools.

- The tablet is meant for schools and will cater to all boards like ICSE, CBSE, and state boards.

- We have successfully on-boarded two vendors in Malaysia and Maharashtra for procuring tablets.

- Our company has a Startup India certificate issued by the Government of India. This certification makes us eligible for tax exemption under section 80 IAC of the Income Tax Act.

- The company has 2 divisions: one being an IT services division and the other being the EduTech division.

- Although the funds will be utilized only for the EduTech division, this 10% stake sale will be in the parent company and not any specific division.

Tablet-based EduTech software, product development, UI/UX design, front-end development, back-end development, mobile app development.

3 prototype tablets.

Co-working space at a rent of INR 25,000 per month.