Edutech Company Investment Opportunity in New Delhi, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Public Limited Company |
Reported Sales | USD 6 - 7 thousand |
Run Rate Sales | USD 44 thousand |
EBITDA Margin | Operating at loss |
Industries | Edutech |
Locations | New Delhi |
Local Time | 8:04 AM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- We are on online digital platform for children of class 1 to 12 with all subjects and boards.
- Presently, we have around 7-8 courses on the platform but seek to develop more. All the material and courses are developed in-house.
- Also have a wide range of courses for all competitive exams in India.
- Promoters have more than 15 years of experience in the industry and were providing courses to students offline before launch of this platform at the beginning of this year.
- We have served more than 1 lakh students as part of our previous experience and more than 50,000 students have visited our platform to date.
- Charge a subscription fee for our courses and also have an advertisement model to generate revenue.
- Have set up infrastructure required to teach live classes online.
- We have deep penetration at district and village level apart from metros and tier 2-3 cities.
- Due to the pandemic our revenue and margins for the last year dropped significantly.
- But now the business has made large investments to pivot to a fully online model.
- The business currently operating under a loss due to fixed monthly costs of INR 10 lakhs.
- We expect to be profitable within the next 8 months as the variable costs are minimal and only 10,000 students are required to be operationally profitable.
- The business also does not have to make any investments into infrastructure to cater to additional students as these investments have already been made.
Online courses for classes 1 to 12 in all regional languages and competitive exam courses.
20 laptops, 50 computer desktops, furniture, 3 car, 4 digital boards.
Rented area of 2 floors with 1,500 Sq Ft area each.
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Earlier than 15 daysDirector, Export & Import - Garments, Gurgaon, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business