Small Edutech Company Equity Stake For Sale in San Francisco, USA

- We provide courses in coding, programming, game development and robotics to children in the age range of 8 - 15 years. Our courses are tailor designed for the Indian market.
- The business was recently established and we have successfully on-boarded 700 students till date. Currently, we are tied up with 3 schools in Gujarat. Additionally, the business is in the final stages of discussion with 2 schools in Baroda and Surat.
- We have hired 5 teachers and they are compensated on a salary basis.
- The courses are conducted live through online sessions. We provide 3 sessions daily. Currently, most of our services are free since we intend to cultivate a strong customer base. So far, the business has converted 17 students into paid customers. The base price is INR 2,000/monthly and it scales depending on the number of courses.
- The business is also developing a robotics based product that will be sold to kids directly. We plan on producing 100 units post-funding. It is in the prototype stage currently.
- Presently, we rely on word-of-mouth promotion. We plan on tying up with a third party firm for digital marketing.
- The company is registered in the US but we are targeting the Indian market and to that extent we have registered a separate Indian entity for government compliance. Considering that India is the target market, we do not have any operations in USA. The employees are based in India and since it is a cloud-based online company, the owner can handle all the operations from USA without being physically present in India. We are willing to offer a stake in the parent company which is based in USA.
- Promoter is a coding expert with over 16 years of work experience as a business analyst.