Mobile Apps Startup Seeking Loan in Bangalore, India

Mobile app helping IAS aspirants prepare for exams in fun and interactive way.
This Business is on a Premium Plan
TAN number
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Mobile Apps + 1 more
Locations
Local Time
3:20 AM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 20 thousand for 15.0% annual interest, 5.0 years (Native Currency: INR 1,500,000)
Reason: For operating and marketing expenses.
Collateral Available: USD 200 thousand
Includes physical assets worth USD 7 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Online guidance platform through mobile app helping IAS aspirants learn a subject by playing games and through interactive ways.

- Games are designed in an interesting way so as to help them focus on the subject, practice answering questions and consistently study where-ever they are.

- Also we are planning to scale it up for other exams like NEET, & IIT JEE.

- Since it is a free app, every aspirant who has a smart phone, can download and start using it.

- The app is in the development stage, and the beta version shall be ready within 10 days.

- After testing, the app is expected to be on Android and iOS in a month's time.

- Our target is to reach 100 thousand aspirants in the 1st year of launch.

- We have designed 4 revenue model for this:

1. Though there would be no charges for the download and usage of the app, there would be certain charges for the premium version for which the users have to pay.

2. From Google Ads, for which the companies shall pay us for displaying their ads after we reach the threshold number of downloads.

3. Display of banner ads for which other coaching institutes, colleges & educational institutions would be paying us for displaying their ads on our mobile app.

4. Selling user data base like their mobile number and email id after taking due permission from the users to big data companies.

Products & Services Overview

UPSC civil services, NEET & IIT JEE exams through Android, iOS app for both mobile and tablets.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a 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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