Edutech Startup Investment Opportunity in New Delhi, India
Established | 0-1 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 140 thousand |
Run Rate Sales | USD 170 thousand |
EBITDA Margin | 40 % |
Industries | Edutech |
Locations | New Delhi |
Local Time | 3:10 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Recently Active |
- The company specializes in providing academic support services tailored specifically to students enrolled in programs offered by Indira Gandhi National Open University (IGNOU).
- Offerings include a variety of resources such as handwritten assignments, solved assignments, guess papers, an important question bank, and online tutoring services.
- These resources are utilized by students to aid in their studies and exam preparation, particularly for IGNOU programs.
- The company serves over 40,000 clients, highlighting its significant market presence and impact within the IGNOU student community.
- Revenue generation primarily relies on a product-based model, where clients pay for access to premium content and personalized assignment services.
- Promoters with extensive educational backgrounds and industry expertise are employed to enhance brand visibility and credibility.
- Strong business relationships have been established with educational institutions, publishers, and industry experts, bolstering the company's reputation as a trusted resource hub.
- The company has received recognition for excellence in academic support and innovation in distance education, earning prestigious awards for its contributions to the field.
- Promoters bring in 3 years of experience in the industry, contributing to the company's expertise and understanding of the market.
- The company holds licenses, incorporation, trademarks, and MSME (Micro, Small & Medium Enterprises) certifications, demonstrating legal compliance and stability.
Offerings include a variety of resources such as handwritten assignments, solved assignments, guess papers, an important question bank, and online tutoring services to distance education students.
There are no significant physical assets apart from laptops and computers.
Intangible assets include, e-books, website, study paterial, questions banks amoing others.
Rented 1,000 sq ft office in central Delhi.
Rent per month is INR 7k.
Bootstrapped company, no loans.
2 shareholders with 90-10 stake split among them.