Edutech Businesses Seeking Loan in Maharashtra

- Edutech company that provides learning content on YouTube and Instagram. - Now we are making a mobile and web platform for providing our content. - Platform will provide education at a more affordable price, making it accessible to students of all backgrounds. - The startup has a working business plan and has already taken two paid online courses joined by 100+ students.

- Company runs an eLearning platform for students from 1st to 12th standard. We have 5,000 registered students on the portal. - About 40% of students on our website are from poor family and we do not charge fees from them. We also supply books and stationary to those kids at free of cost. - All the courses on our website are as per Maharashtra State Board, CBSE and ICSE boards. We have a dedicated team for designing courses. - Have tie-ups with 3 schools to collect student's data in order to on-board them on our website. - Have a total of 400 permanent employees of which about 250+ employees take care of back office work. - Seeking funds to construct a school in Dhule (Maharashtra). We have already acquired a land of 5.5 acres. - The land is vacant at the moment and we will construct a building of 6 floors. Picture attached in the profile is of the land in Dhule. - Total construction cost will be INR 150 crore and we have already raised INR 60 crore. - Our school will provide education for students from 1st to 12th standard and we will follow CBSE curriculum. We are in the process to acquire the approval from CBSE board. - Apart from education, we will also provide extracurricular activities including military training and horse riding. - Our company is currently under loss but we have working capital to meet salary and other overhead expenses. - Our future plan is to construct multiple schools across India.