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Edutech Company Investment Opportunity in Navi Mumbai, India

Disruptive startup in the advanced maritime education and training industry.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Edutech + 1 more
Locations  Navi Mumbai
Local Time 9:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 116 thousand for 20.0% stake (Native Currency: INR 10,000,000)
Reason: We are the only company in virtual learning in the maritime industry right now. Returns on Investme... View More
Includes physical assets worth USD 5.8 thousand
Interested to connect with advisors
Documents
Business Overview
- Virtual learning app for merchant navy aspirants and officers across the globe.
- We have launched the app on 06th Jan 2020.
- Our Virtual Learning platform will help maritime, and merchant navy officers across the globe to crack various competency exams.
- About 90% of world trade is done by Merchant ships. Over 50,000 merchant ships are trading internationally, transporting all kinds of cargo. The world fleet is registered in over 150 nations and manned by over a million seafarers of virtually every nationality, and all these officers are our potential clients.
- More than 25000 officers attend the various exam from India every year. 70% fail to pass in First attempt. An individual takes an average of 3 attempts to pass the exam and a loss of a year of career.
- App download would be free. However, to access the exclusive content, users would have to buy our course subscription.
- Our animation development team has good experience in the animation segment.
- Currently, we are launching with one course and have plans to include other courses in the future.
- All our founding members are from Maritime Industry, having experience from 8 years to 20 years in the industry and serving as Master Mariner, Chief Mate and 2nd Mate.
- Our associated faculty are very well experienced and having an experience of more than 15 years in teaching after quitting sailing.
- The business owns a website, mobile app, furniture, computers and hardware.
Products & Services Overview
- Virtual Learning mobile app, exclusively covering syllabus being taught to Maritime Officers.
Services.
A detailed explanation of the syllabus with the help of animated videos.
Assistance to Merchant Navy Officers in maintaining their certificates.
Consultation service for potential Maritime Officers who wish to have a career in the Maritime Industry.
Facilities Overview
Rented office space at CBD Belapur station.
Capitalization Overview
Not Disclosed
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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