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Edutech Company Investment Opportunity in Mumbai, India

Edutech company which develops reusable physical mathematics worksheets seeking investors to develop further products.

Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 1.18 thousand
Run Rate Sales Nil
EBITDA Margin Operating at loss
Industries Edutech
Locations  Mumbai
Local Time 5:56 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 236 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: Wants to expand the size of the development team. Investment is for product development.
Includes physical assets worth USD 16.5 thousand
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Business Name
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Business Overview
- Sell reusable physical worksheets in the subject of mathematics under our proprietary brand. Have developed 2 support applications for our physical worksheets that are currently available on the Google Play Store.
- Expected EBITDA margin on the product is 25 to 30%.
- Have an inventory of physical worksheets that is worth INR 14,00,000.
- Have 5 applications that are in the final stages of development (almost ready to launch). We have applied for a patent.
- The target audience for the product is primary and upper primary students. Have sold over 100 physical worksheets so far.
- Currently in the development phase of new types of physical worksheets that are focused on providing a blended practice framework. The products are in a working prototype stage.
- Have 2 SKUs for our physical worksheets. Sell our products through Amazon. We have not monetized the applications yet but plan on doing so in the future.
- Have a channel on YouTube where we actively promote our products and its functionality. We implement the use of animations to make our videos attractive.
- Have hired a team of 8 developers and animators. Employees are compensated on the basis of sweat equity. We are planning to put them on the company payroll once the product gains traction.
- Product has generated a lot of interest overseas from the European and US markets. Professors from prestigious institutions such as Harvard University have expressed interest.
- We have undertaken a loan of INR 2.5 lakh and are pay an interest of 15%. Total investment into the business is INR 1.1 crore (INR 30 lakh out of this is sweat equity).
- Business was mentioned in the 20 most innovative companies' list by CIOReview.
- Owner has over 26 years of experience in the IT industry.
Products & Services Overview
2 SKUs of physical reusable worksheets in the subject of mathematics.
Have launched 2 apps on the Google Play Store.
Facilities Overview
Rented office with an area of 1,000 square feet. Paying a monthly rent of INR 16,500.
Rented warehouse with an area of 1,000 square feet. Paying a monthly rent of INR 11,000.
Have paid a deposit of INR 50,000 on both of the properties (INR 1,00,000 totally).
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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