Edutech Business Investment Opportunities in Goa

- Startup Edu-tech company connecting teachers to students for academic and extracurricular lesson driven learning. - The operations are carried out as a separate vertical held under a 2-year-old private limited IT services and energy solutions company with an annual turnover of INR 2.5 crores. - We connect freelance teachers who offer real-time personalized lessons to students under the age of 18. - The course curriculum is designed by the teachers themselves and the prices are set by them. - We connect them to students across India through our social marketing efforts and offer them a video conferencing infrastructure to conduct the classes. - We intend to particularly focus on users from Tier-2 and Tier-2 cities and towns. - Charge 20% of the course fee from the teachers as an infrastructure fee. - The batch size is limited to 5 for students below the age of 12 and 10 to students below the age of 18. - At present, we offer classes through Facebook and Zoom video conferencing for free in order to assess demand and the feasibility of our business model. - Have conducted over 80 - 100 sessions so far and catered to 320 - 400 students. - Also intend to partner with schools in Tier-2 and Tier-3 cities to offer extracurricular courses to their students and over 23 schools have shown serious interest in pursuing a partnership. - Have already built a functional website but the integration of the video conferencing and payment infrastructure is still pending. - We currently have 2 full-time employees and 10 interns working remotely out of Bangalore. - Post investment the operations of this vertical will be spun off under a newly incorporated legal entity & the investor will effectively acquire a stake in the new legal entity. - All IP assets will be transferred to this new entity. - Intend to register the business in Goa as the company will be eligible for a tax redemption for 3 consecutive years from the Government of India under the Startup India scheme. - The operating costs incurred by setting up operations at Goa is expected to be 1 / 3rd of the cost of running operations from Delhi or Bangalore. - The promoter team is highly experienced and one of the promoters has served in the Indian Army. - The other promoters have experience working in senior management roles in several multinational companies and have successfully run and sold a startup before.

- A business that has developed a mobile application for companies to train their employees. - We are based in Goa, and have been operating since 2016. - After companies sign up and register on our platform, they have access to create their own personal training programs. - They have complete control over the content and media used in the training programs. - The program is then published and given access to employees of their company. Employees must download the app to access this. - There are tests and quizzes at the end of the program to assess the employees. - Employers can track their employees progress through the app. - Companies buy the license from us, which gives them full access to curate their own training program. We also charge a monthly fee there-forth. - Currently we have 33 clients, and 33,000 active users. - We have been witnessing a 50% increase in downloads every quarter. - We expect to break-even in 2021.