Newly Established Training Institute Seeking Loan in Bangalore, India

Entrepreneurship training institute for engineering colleges with 5,000+ registered students, seeks funds to expand.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 80 thousand
EBITDA Margin 30 - 40 %
Industries Training Institutes
Locations  Bangalore
Local Time 12:34 PM Bangalore
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 40 thousand for 25.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: We plan to expand to 5+ districts and funds will be used to hire staff that will manage district wis... View More
Collateral Available: USD 0
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Business Overview

- Training institute that mentors engineering students in entrepreneurship.

- Have been in the R&D phase for over 2 years and we recently established the company.

- We will train the students from the idea brainstorming stage to successfully running a business. Training will be done both online and at the college premises.

- For online training, our platform is nearly complete and will be launched within a month.

- Have MOUs with 2 engineering colleges with over 5,000 students. Have ongoing discussions with 5+ engineering colleges in different districts of Karnataka to establish similar MOUs.

- We have also partnered with individual experts working in MNCs to provide technical support and training to the students.

- Revenue model: Have signed MOUs with 2 colleges and the college will pay a fee of INR 1,200 for each student per year. With our 2 active contracts, we will generate an annual turnover of INR 60 lakh. With more colleges, we can easily generate INR 1 crore annual turnover.

- Currently, we have trainers with 5-10 years of business management experience. We are also working on hiring employees and building teams for district wise operations.

Products & Services Overview

Entrepreneurship training and mentoring to engineering students.

Assets Overview

Business was established recently and does not have any physical assets at the moment.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder, Bangalore, Financial Consultant connected with this business
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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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