7.8 / 10
 Lusaka

An EdTech that manages online learning courses for from Grade 4 to Masters level.

Key Business Facts
Yearly Sales USD 52 thousand
EBIDTA Margin 40 %
Industries Edutech
Locations  Lusaka
Business Overview
- Funding: Raised pre-seed funding to fuel early-stage growth and development.
- User Growth: Our user base has grown by 120% in the past year, reaching 2,650 active users.
- Engagement Metrics: On average, our users spend 25 hours per week engaging with our educational content, demonstrating strong interest and utilization.
- Retention Rates: Our platform boasts a 90% user retention rate, indicating high satisfaction and ongoing value for our users.
- Revenue Growth: Our revenue has increased by 300% year-over-year, with $62,000.00 in sales in the last two quarters alone.
- Customer Acquisition Cost (CAC): We've reduced our CAC by 50% through targeted marketing campaigns and strategic partnerships, ensuring cost-effective user acquisition.
- Partnerships and Collaborations: We've partnered with 3 leading educational institutions to integrate our platform into their curriculum, expanding our reach to over 50,000 students.
- Feedback and Testimonials: Over 90% of our users report improved learning outcomes and satisfaction with our platform, as evidenced by testimonials and reviews.
- Market Penetration: We've captured 15% of the In-service education market in our target region, with plans to expand nationally within the next year.
- Finalist in the Growth Hacking Accelerator Program: a 5-6 months, Make-IT in Africa Program supported by GIZ.
Products & Services Overview
Sales of Online learning courses (Marketplace) for masters, bachelors, diplomas and certificates programs at affordable fees.
Mostly purchased by educators, government workers and school leavers.
Capitalization Overview
- The business has 2 shareholders who are the owners of the business. - There is a loan amount of ZMW 113,000.00 against the company.
Assets Overview
Tangible assets include computers, laptops, and printers.
Partial Stake Sale
USD 83 thousand for 25.0% stake (Native Currency: ZMW 2,300,000)
Reason: With the support of our investors, we will strategically allocate funds to propel the growth and exp... View More
Includes physical assets worth USD 14.4 thousand
Interested to connect with advisors
In talks with 1 Investor
Contact Business or Enquire on WhatsApp