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Edutech Startup Seeking Loan in Hyderabad, India

Edutech startup in Hyderabad with 10+ college partnerships, seeking funds for app development.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Edutech
Locations  Hyderabad
Local Time 1:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35.4 thousand for 15.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: - Seeking funds for app development, hiring employees, and covering other production costs. - The b... View More
Collateral Available: USD 236 thousand
Includes physical assets worth USD 5.3 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- The company is an Edutech firm located in Hyderabad, with a current staff count of 10 employees.
- Focused on offering educational courses in machine learning, AI, and other subjects, the approach allows students to choose courses that interest them and access available resources.
- More than 10 partnerships with colleges have been formed, using their lectures to develop a comprehensive lesson plan and helping students register for courses they are interested in.
- Founder's business model emphasizes a straightforward and natural approach, aiming to generate employment while developing an app for the enterprise.
- Currently, the founder is in the process of developing a mobile application and platform for the business.
- Projected pre-revenue is estimated at INR 13 crore based on the evaluation conducted.
- The company is fully compliant with all required registrations and licenses.
Products & Services Overview
The company plans to offer educational courses on machine learning, AI, and various other subjects. Students can select the courses that interest them and utilize the available resources.
Assets Overview
The business owns electronics such as laptops and other equipment valued at INR 3.5 lakh, along with furniture, fixtures, and equipment (FFE) worth INR 1 lakh.
Facilities Overview
The office is located in LB Nagar, Telangana, occupying an area of 600 square feet, and is rented at a monthly rate of INR 15,000.
Capitalization Overview
- Self owned.
- Self funded.
- No outstanding loans or debts.
Recent Activity
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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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