Mobile Apps Company Seeking Loan in Ernakulam, India

Tech-enabled education startup developing learning applications for the target age group of 3-18 years.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 4.3 thousand
EBITDA Margin
6 %
Industries
Mobile Apps + 1 more
Locations
Local Time
8:41 AM Ernakulam
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 43 thousand for 10.0% annual interest, 7.0 years (Native Currency: INR 3,000,000)
Reason: Updates on current project and developing the app into multi platform. Require funding for Developme... View More
Collateral Available: USD 57 thousand
Includes physical assets worth USD 2.8 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Screenshots
App
INC
Business Overview

- Startup engaged in education space, developing learning applications for children between 3 and 8 years of age.

- Have launched 2 apps in the market and is also in the process of developing the third app.

- 1st App: It's a paid app recently launched on the Google Play Store. Currently have 12,000+ downloads.

- About 60%+ of users are based overseas, mainly concentrated in the UK, USA, Brazil, Canada and South Korea.

- App is available in 2 international languages with additional languages being integrated.

- 2nd App: Launched a free android game in promotion of U-17 World Cup 2017 currently being monetized by ad.

Revenue.

- Already implemented our Gamified learning App in few schools in Ernakulam, Alappuzha, kottayam.

-Got some orders from few other schools from Northern region of Country.

Products & Services Overview

- 1st App: Learning app for a target age group of 3 - 8 years.

- 2nd App: Free android based game.

- 3rd App: Learning app for a target age group of 11 - 15 years currently being planned for.

-4th and 5th App in Hindi and Malayalam released. Arabic and French is yet to release.

-On-going work on higher classes is on progressing fast.

Facilities Overview
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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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