Posted By - Investment Banker
The startup provides "Gamified Free Live Test & Evaluation Platform” where students win real cash prizes and scholarship based on their percentile rank. It enables students to “Discover and Apply in Educational Institutions”. Almost all the Ed-tech platforms like Byju’s, Toppr, Unacademy and Vedantu mainly focus on test preparation, there is void in test evaluation.
The business model includes charging commision fee from coaching institutes for admissions and higher education in Universites where service fee is charged from students & commision fee from partner institutions/universites. Here are some key highlights to look at-
Capital Requirement
INR 1.5 Cr
Funding Status
I do not have any investment commitment
Industry & Sub-Industry
Education (1)
Online Certification, Ed-Tech
Technology/Product/Service Offering
edutech
StartUp Stage
Early Revenue
Business Segment Type
B2B, B2C
End use of fund (in %)
2017 (in Cr) | 2018 (in Cr) | 2019 (in Cr) | 2020 (in Cr) | ||
---|---|---|---|---|---|
Sales | N.D | N.D | INR 0.3 Cr | INR 0.9 Cr | |
EBITDA | N.D | N.D | N.D | N.D | |
PAT | N.D | N.D | N.D | N.D | |
TOTAL DEBT | N.D | N.D | N.D | N.D |
If you are interested to connect with this party, please send an Expression of Interest and receive a pitch deck to take this opportunity further.