Edutech Company Investment Opportunity in Mumbai, India

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

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 1.3 thousand
Run Rate Sales Nil
EBITDA Margin Operating at loss
Industries Edutech
Locations  Mumbai
Local Time 4:44 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 270 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 19 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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).

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more