Mobile App Investment Opportunity in Delhi, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 140 thousand |
EBITDA Margin | 30 % |
Industries | Mobile Apps |
Locations | Delhi |
Local Time | 8:17 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
Summary:
- Promoter experience - currently providing similar service to 200+ schools on SMS.
- Launched 2 previous educational messaging products.
- Both previous products profitable and successful.
- 7 years experience working with schools, parents and teachers.
- Deep understanding of customer needs and how to sell educational messaging products.
Details:
- Experienced mobile software company seeking Rs. 1 cr. for launching a mobile application which simplifies daily school communication such as exam results, attendance, everyday homework, class assignments, holidays, school fees reminders, bus schedules and absenteeism alerts.
- The mobile app solves an enormous problem for people in every sphere of school life - teachers, parents, guardians, students, school administrators and principals.
- We have 200+ schools paying (Rs. 5 per student per month, total revenue Rs. 1 cr. p. a) for the same product on SMS. They love it and say it saves them many hours each week. Customer references are available, which include India's top schools.
- Schools who use our previous product have the following characteristics:
1. They use it every day and are serious proselytizers for the product.
2. Schools are from every vertical market and every state in India.
3. The average number of students range from 100 to 10,000; the median size is 1000.
- To ensure affordability and quick adoption, the mobile app is FREE for schools and parents. Additionally, it allows rich media content like lectures and assignments and revision notes, which the SMS version cannot.
- The app's revenue is Rs. 5 / per student per month, generated from mobile advertising. We have signed the first advertising contract with an FMCG company that makes India's largest selling health drink for children.
- Unlike every other school, we do not rely on billing either the school or the parent. This makes it extremely easy to approach schools.
- What is needed is a brilliant marketing plan with superb execution to sign up 20,000 schools and to that end, we have brought together a skilled team.
<<< For this investment, you will gain a stake in a company which will has 1 million users using its product daily, and plans to replace WhatsApp >>>
- Mobile application with 3 separate and rich interfaces - for parents, teachers and school principals.
- SMS broadcast platform for schools.
Located in Delhi.
-
Earlier than 15 daysDirector, Automotive Engineering, Pune, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysTechnical Partner, EduTech, Richardson, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director & CEO, IT, Hyderabad, Corporate Investor / Buyer connected with the Business