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Edutech Company Seeking Loan in Dhaka, Bangladesh

Company Product Named Eduman served already 5,000+ clients and have 300+ resellers. software product.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 20 - 30 %
Industries Edutech + 1 more
Locations  Dhaka
Local Time 7:18 AM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 460 thousand for 7.5% annual interest, 5 years (Native Currency: BDT 50,000,000)
Reason: In Covid-19 Ours Business was Impacted. After Covid our Education market opportunity expand more tha... View More
Collateral Available: USD 0
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
Documents
Business Overview

- Edutech software that offers management solutions to schools, colleges, institutes across Bangladesh.

- Software has served more than 5,000 clients with 25,000,000+ consolidated students and 60,000+ teachers.

- Have support partners all over 35+ districts of Bangladesh and more than 300+ full-time resellers.

- Revenue is through a monthly and yearly subscription fee on a student basis.

- Revenue has dropped and we are at loss temporarily due to a shortage of funds.

- Business was running Profitable and need fund to expand.

Products & Services Overview

Education management solution software Named Eduman with interactive educational multimedia content for schools, colleges, institutes.

Assets Overview

Software, client payable, office decoration, hardware, computers, laptops, chairs and tables.

Facilities Overview

Our rented headquarters in Dhaka is over 2,500 sq ft at uttara.

Capitalization Overview

Fully Self Funded. Currently have 30,00,000 Bank Loan, 20,00,000 Others Loan due to covid. 4 Shareholder among them 2 are Co-Founder. All have 25% equal Share.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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