Language Center Seeking Loan in Patna, India
Non-operational Bihar-based AI-powered spoken English-assessment and training business seeks funding to start operations and scale-up.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Edutech + 1 more |
| Locations | Patna |
| Local Time | 1:49 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
23.4 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 2,000,000)
Reason: We are seeking this funding to scale up our business by increasing our promotional activities and to...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
3.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(292.6 KB)
Business Overview
- The business will provide AI-powered spoken English assessment and training for technical and management students, distinguishing itself with a focus on leveraging technology to enhance language proficiency.
- The business plans to operate in both B2B and B2C models, targeting colleges as clients in the former and offering English courses directly to students through the existing EdTech platform in the latter.
- With a goal to start operations within the next 2 months, the business aims to generate INR 1 crore in revenue in the first year of operations by collaborating with 10 colleges as clients.
- Pricing strategy involves charging INR 3,000 per student in the B2B model and an average price of INR 2,000 to 3,000 in the B2C model.
- The business model includes a loan repayment plan that commences 6 months after the receipt of funds.
- Company currently has 4 highly qualified trainers associated with it.
- The founder, with over 15 years of teaching experience, holds a PhD and has based the business on their thesis, establishing the expertise and knowledge base of the leadership.
- The company is registered and does not need any other approvals for operation.
- The business plans to operate in both B2B and B2C models, targeting colleges as clients in the former and offering English courses directly to students through the existing EdTech platform in the latter.
- With a goal to start operations within the next 2 months, the business aims to generate INR 1 crore in revenue in the first year of operations by collaborating with 10 colleges as clients.
- Pricing strategy involves charging INR 3,000 per student in the B2B model and an average price of INR 2,000 to 3,000 in the B2C model.
- The business model includes a loan repayment plan that commences 6 months after the receipt of funds.
- Company currently has 4 highly qualified trainers associated with it.
- The founder, with over 15 years of teaching experience, holds a PhD and has based the business on their thesis, establishing the expertise and knowledge base of the leadership.
- The company is registered and does not need any other approvals for operation.
Products & Services Overview
We will provide training in spoken English for technical and management students.The business plans to operate in B2B as well as in B2C models.
- In the B2B model we will be approaching colleges to train their students.
- In the B2C model we will be offering various English courses directly to the students.
Assets Overview
Tangible asset: office set up.Intangible asset: Our state-of-the-art website.
Facilities Overview
The company operates from a rented office incurring a monthly rent of INR 18K and is located in Patna.
Capitalization Overview
The business does not have any outstanding debts/loans. The company has 2 shareholders with equal shares.
Tags:
Language Center Seeking Loan in Patna, India
·Language School Seeking Loan in Patna, India
·Edutech Startup Seeking Loan in Patna, India
·Lend to Language Center in Patna, India
·Lend to Language School in Patna, India
·Lend to Edutech Startup in Patna, India
·Language Center Seeking Loan
·Language School Seeking Loan
·Edutech Startup Seeking Loan
·Lend to Language Center
·Lend to Language School
·Lend to Edutech Startup
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
7 Investors viewed this Business this month.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,000+ other businesses of all sizes.
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