Edutech Company Investment Opportunity in Colombo, Sri Lanka
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 |
- 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.
Courses for grade 5 to 11 government local school syllabus in Sinhala & English medium with free MCQ exams.
High-end video processing computers, cameras, office furniture, fittings, and a fully functional website.
We have a rented 500 sq ft admin/sales office on the first floor, with our own studio setup.
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Earlier than 15 daysDirector, Tech Logistics, Colombo, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, IT, Melbourne, Individual Investor / Buyer connected with the Business