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Nonprofit Organisation for Sale in Bhopal, India

Non-operational Section 8 NGO focused on empowering individuals with education and career development initiatives.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 11.5 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Edutech + 1 more
Locations  Bhopal
Local Time 9:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 5.8 thousand (Native Currency: INR 500,000)
Reason: The reason for the sale of the business is that the current owners are planning to pursue other busi... View More
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Business Overview
The business winded down its operations 10 months ago. Following are the highlights of the business, when operational:
1. Number of clients: The startup has over 300 users including students, educational institutions, and organizations.
2. Growth rate: The business was experiencing a growth rate of 10% per year. This indicates a steady expansion and increasing adoption of the startup's offerings.
3. Promoter experience: The promoter of the startup has significant experience in the education sector. They have worked for around 4 years with a top EdTech company in India, gaining valuable insights and knowledge about the industry. Additionally, they have been working as a software engineer for the past 2 years, which likely contributes to their technical expertise.
4. Business relationships: Although specific details about business relationships are not provided, it can be assumed that the startup is establishing partnerships and collaborations with educational institutions, organizations, and subject matter experts to develop and deliver their products and services effectively.
5. Certifications: The startup is registered under various certifications, which demonstrates its commitment to transparency, compliance, and recognition. The certifications mentioned include being registered as a Section 8 company, being listed with NITI Aayog (a policy think tank of the Indian government), being registered on NGO Darpan (a government portal for NGOs), possessing 80G (tax exemption for donors) and 12A (exemption of income tax) certifications, and being recognized as a startup under the StartUp India initiative. Buyers will need to register with FCRA if they plan on getting foreign donations.
Products & Services Overview
NGO working in the education sector and empowering other organizations to digitalize their operations. We offer a range of products and services aimed at skill development and academic courses for students. Here are some of the products and services that were provided by our foundation:
1. Online learning platform: Offer a comprehensive online learning platform that enables students to access a wide range of courses and educational resources from various domains. The platform is user-friendly and provides interactive learning experiences.
2. Course development and curriculum design: Assist organizations in developing and designing courses tailored to their specific needs. We work closely with subject matter experts to create engaging and effective curriculum content.
3. Skill development courses: Offers a variety of skill development courses designed to enhance students' practical skills in areas such as coding, data analysis, digital marketing, graphic design, project management, and more. These courses aim to equip students with in-demand skills for the modern workforce.
4. Academic courses: Provide academic courses covering various subjects and grade levels. These courses are designed to supplement traditional classroom education and offer additional learning opportunities for students. They may include subjects like mathematics, science, languages, history, and more.
5. Teacher training programs: Offer training programs for teachers to enhance their digital teaching skills and adapt to online learning environments. These programs provide educators with strategies and tools to effectively engage students in the digital realm.
6. Learning management system integration: Assist organizations in integrating learning management systems (LMS) into their existing infrastructure. This enables seamless management of courses, student progress tracking, and assessments.
7. E-Library Services: Provide access to a digital library containing a vast collection of educational resources, including e-books, research papers, articles, and multimedia content. This helps students and educators access relevant materials for their studies and research.
8. Consultancy and advisory services: Offer consultancy and advisory services to educational institutions and organizations seeking guidance on digital transformation, online learning strategies, and curriculum development. Their expertise helps organizations optimize their education delivery methods.
9. Online assessment and certification: Facilitate online assessments and certifications for courses and programs. They ensure that student's progress and achievements are recognized through digital certificates or badges, validating their acquired skills.
10. Collaborative learning tools: Provide collaborative learning tools such as discussion forums, virtual classrooms, and project management platforms. These tools foster student engagement, interaction, and teamwork, enhancing the learning experience.
By offering these products and services, our foundation supports educational institutions and organizations in their digital transformation journey, facilitating access to quality education and skill development opportunities for students.
Assets Overview
Tangible assets:
Content material: The buyer would gain access to the entire content for classes 6 to 12, including video lectures, study materials, and a database of over 5 lakh quizzes.
Teaching PowerPoint presentations: The buyer would receive teaching PowerPoint presentations specifically designed for classes 8th to 12th. These presentations can be used by teachers for effective classroom instruction.
Intangible Assets:
App and website: The buyer would acquire ownership of the existing educational app and website developed by the business. This includes all the associated intellectual property, code, and design elements.
Intellectual property: The buyer would obtain the intellectual property rights to the content material, teaching PowerPoint presentations, and any other proprietary materials developed by the business.
Branding and Merchandise: The buyer would gain ownership of the brand identity, including any trademarks or logos associated with the business. They would also receive any existing merchandise used for branding purposes.
Customer database: The buyer would receive the existing customer database, including user profiles, contact information, and any relevant data collected by the business.
Maintenance services: The buyer would be entitled to 12 months of free website and app maintenance services. This ensures the smooth functioning and updates of the digital platforms. This would be provided by our technology/developer partner.
Private Limited entity registered as a Section 8 company and NGO licenses, account on NGO Darpan (a government portal for NGOs), 80G (tax exemption for donors) and 12A (exemption of income tax) certifications.
Facilities Overview
We were operating from a home-based setup since it is a cost-effective option for startups in the early stages, allowing for flexibility and minimizing overhead expenses associated with renting or leasing a dedicated space.
Capitalization Overview
Number of shareholders/owners: There are two directors in the business.
Percentage ownership: One director holds 99% of the shares, indicating a majority ownership stake in the company. The other director holds 1% of the shares.
Recent Activity
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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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