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Edutech Company Investment Opportunity in Colombo, Sri Lanka

Online education company that provides academic courses to over 1,000 students, seeks funds to expand.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 34 thousand
Run Rate Sales USD 12 thousand
EBITDA Margin 40 %
Industries Edutech
Locations  Colombo
Local Time 1:08 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 33 thousand for 20.0% stake (Native Currency: LKR 10,000,000)
Reason: - We plan to expand by developing professional, proficiency, and lanugage courses, and require funds... View More
Includes physical assets worth USD 8 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
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Business Overview

- Online education company that provides courses through the internet for a variety of different educational desires that is in high demand as academic qualifications or professional qualifications.

- Have over 60 courses that cover 7 subjects in detail. Our courses are based on the government curriculum and are majorly in the Sinhalese language.

- Content is developed through teachers who are hired on a contract basis, and we have our own staff for video editing.

- In addition to internal courses, we are developing our platform for any teacher or a lecturer to create a course by uploading videos to our server. The website and the video contents are hosted on cloud servers.

- Have over 1,000 students subscribed to our packages. We charge LKR 500 per month for each subject.

- Have signed an MOU with Mobitel Pvt Ltd (the second-largest mobile network operator in Sri Lanka) to provide free data to customers for accessing our website.

- Have a network of 30 dealers around the country for selling pre-packaged content to students.

- Our first year of operations returned revenue of LKR 10.3 million. Our revenue has dropped this year due to the COIVD-19 pandemic which had resulted in the closing of schools for 4 months. However, schools have fully resumed and our sales are expected to increase.

Products & Services Overview

Courses for grade 5 to 11 government local school syllabus in Sinhala & English medium with free MCQ exams.

Assets Overview

High-end video processing computers, cameras, office furniture, fittings, and a fully functional website.

Facilities Overview

We have a rented 500 sq ft admin/sales office on the first floor, with our own studio setup.

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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