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Edutech Startup Seeking Loan in Nidadavolu, India

EMACET exam preparation provider seeks funds for marketing.

Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 10.8 thousand
EBITDA Margin Nil
Industries Edutech
Locations  Nidadavolu
Local Time 4:51 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 36 thousand for 10.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: Require funds for marketing and development.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Online platform specializing in EMACET preparation, providing a diverse array of practice questions, mock tests, and study resources.
- Target consumers are pre-universities and 12th-grade students in AP and Telangana aiming to enter engineering colleges through the EMACET exam.
- Promoters boast over 4 years of experience in the field and have obtained necessary licenses, incorporation, and GST.
- Offers mock tests and exams for purchase, alongside a wide range of services tailored to the needs of 12th-grade students.
- The company is currently negotiating with 2-3 local pre-universities for product procurement, with each contract estimated at a value of INR 2 lakhs. Once these deals are secured, we will be able to smoothly pay the interest on the loans.
Products & Services Overview
- Online platform specializing in EMACET preparation, providing a diverse array of practice questions, mock tests, and study resources.
- Target consumers are pre-universities and students in AP and Telangana,
Assets Overview
The business doesn't own any significant physical assets.
Facilities Overview
WFH model, no office at the moment.
Capitalization Overview
Shareholders are 2.
Self funded business.
No loans or debts.
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1 Investor viewed this Business this week. Register below to connect now!
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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