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Small Education Support Company Investment Opportunity in Mumbai, India

Angel & Govt Funded, EduTech company with 30 School Clients in 3 months CMS & LMS.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 6 thousand
Run Rate Sales USD 26 thousand
EBITDA Margin Nil
Industries Mobile Apps + 1 more
Locations  Mumbai
Local Time 3:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: - Major consumption of investment. 1. Content creation - currently we have CBSE English Medium clas... View More
Includes physical assets worth USD 24 thousand
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Business Overview

- Founded by 4 well-connected professionals and mentored by successful & experienced people in the business.

- Govt of Rajasthan recognized us as a Gold rated startup and funded from the Bhamashah Techno fund.

- We secure the first round of funding an angel investor.

- Working on two products and high-quality content for K-12 segment in Central and State Education boards in India.

- Product 1 is Smart Studies App platform.

- This is fully equipped & loaded with high-quality content and premium features. This is an affordable subscription-based plan. The annual subscription price is Rs. 499 for 365 days. We are selling in both B2B (bulk to schools and coaching) and B2C (end customers).

-During the last 3 months, we built a strong market presence and gained 30 School clients and sold over 500 subscriptions via online channels and 1000+ subscriptions via the offline ground sales team.

- Our 8 people sales team working on grounds for product awareness, counseling and sales to institutes and students,

- This platform is already live on play store from the last 18 months and has over 250k downloads during development & pre-commercial phase.

- With rapid and significant market adaption, we saw over 30 million questions viewed and over 3.5 million content downloaded from our platform.

- As of now, we are covering contents from five boards which are CBSE, Karnataka board, Tamil Nadu board, Maharashtra and Rajasthan board.

- There are more than 150k questions available on our platform in both English and Hindi.

- Product 2 is an Exam Automation and Learning Management System.

- This is a Bloom Taxonomy based advanced Exam Automation & Learning Management system (LMS).

- This Exam Automation & LMS is enabled with AI & Machine Learning and going to increase overall efficiency, reliability and objectiveness of traditional examination systems in schools & educational institutions.

- Here we provide deep analysis of individual and group performance, personalized improvement plan,

- We have a team of 20 faculty members who are creating the content for us. They have an average teaching experience of 7 years.

Products & Services Overview

- Product 1: Flagship product currently live and generating revenue. Have 30 school clients in 3 months, Online Sales: 500 subscriptions + (all organic, no marketing spend), Offline channel (sales team at ground): 1000+ subscription to students, schools & coaching institutes. Central and state government-run schools have shown interest and we started pilot implementation with few schools.

- Product 2: Exam Automation & Learning Management System. Status: Under development.

Facilities Overview

- Mumbai 300 Sq Ft office (admin & liasoning)

- Indore 300 Sq Ft office (IT team & management)

- Barwaha town 1,000 Sq Ft office (Content team)

Capitalization Overview
Not Disclosed
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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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