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My Degree Online 9 /10

Registered Entity Name: Iris Eduventures Pvt. Ltd.
2008 Estd  ·  1 Franchisee  ·  Mumbai HQ  ·  Listed By Business Owner / Director
This Company is on a Premium Plan
All Formats
Format Investment including Brand Fee Brand Fee Space Staff Exp. Monthly Sales Profit Margin Royalty
Franchise Partner USD 3.5 - 6.9 thousand USD 1.15 thousand 500 - 1,000 Sq Ft 4 USD 5.8 thousand 30% 30% of the revenue earned each month will be charged as royalty.
Format Name Franchise Partner
Investment USD 3.5 - 6.9 thousand
Brand Fee USD 1.15 thousand
Space 500 - 1,000 Sq Ft
Staff 4
Expected Monthly Sales USD 5.8 thousand
Profit Margin 30%
Royalty / Commission 30% of the revenue earned each month will be charged as royalty.
Documents
About My Degree Online (Iris Eduventures Pvt. Ltd.)
Mydegreeonline is an aggregator portal that displays online degree programs offered by UGC-approved (Govt. recognized) Universities in India. We offer counselling services to working professionals who wish to upgrade their qualifications along-with their job /profession.
Business model:
Mydegreeonline through its parent company Iris Eduventures Pvt. Ltd. functions as a channel partner to leading universities for admissions to their online degree programs. The income source is the commission /fee share that the partner universities pay on each successful admission.
To achieve sales of INR 5 lakh per month, a franchise must admit at least 10 students monthly, and the profit margin is based on our prior experience.
Opportunities in the sector:
The online degree market has been growing at 100%+ each year for the last 2 years and this is a segment of education sector that is still not much explored by entrepreneurs. The business is asset-light and margins are in the range of 30-50% when operations are at optimum levels.
What we are looking for:
We are based in Mumbai and looking for a franchise partner in Ahmedabad.
Products and Services
Online MBA /MCA /MA /MCOM for graduates.
Online BBA /BCA /BA /BCOM for undergraduates.
We have 10 University partners and offer 500+ courses.
Preferred Locations
Ahmedabad.
How to get My Degree Online Franchise?
Discussions - finalization of terms - background checks - MOU sign-up.
Connect with us on SMERGERS and we will guide you through the process.
What are some of the things we look for in a Franchisee?
We are looking for a franchise partner for the city of Ahmedabad, Gujarat. The partner is expected to run the operations on our behalf in the state of Gujarat - having base at Ahmedabad. The ideal partner will be someone who has been in the business of education and understands the nuances of the same.
Support you can expect from the company
Support: product /process training, leads from centralized campaigns, hand-holding of staff at all times.
Recent Activity
Profile Stats
  • 400+ Page Views
  • 100+ Investor Views

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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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    Frequently
    Asked
    Questions
    • When was My Degree Online established?
      My Degree Online was established in 2008 in Mumbai and is reported to have 1 Franchisee currently
    • What is the investment required to take up My Degree Online Franchisee?
      Investment required ranges from INR 3 lakh - 6 lakh depending on the format offered.
    • What is the space requirement for taking up My Degree Online Franchisee?
      Space required ranges from 500 - 1000 sq ft depending on the format.
    • What Franchisee formats does My Degree Online offer?
      My Degree Online offers 1 format, i.e Franchise Partner.
    • How to get My Degree Online Franchisee?
      Discussions - finalization of terms - background checks - MOU sign-up. Connect with us on SMERGERS and we will guide you through the process.
    • Show more