A Early Revenue Mobile Startup in Education (E-learning, Skill Development) from India is looking to raise funds

Posted By - Investment Banker

BUSINESS BRIEF

The startup provides safe environment to learners to Paractice English converstation with excellent communicators across the country over 1-to-1 live video call. Instead of using the Theortical/Translational method, the Co. provides a unique "Shadowing" method to teach its learners. The learner can book any slot from morning to mid night. Here are some of the key highlights to look at-

  • The experts help the learner figure out weakness and coach him/her into mastering with the right tools.
  • Recording of sessions are made available for analysis of improvement areas.
  • Revenues model includes Monthly packages starting from Rs 350 per month.
  • No. of unique paid transactions in last 108 days is 274.
  • Repeat purchase, referral and conversion into subscription after paid demo within a month is happening on its own.

The Company is raising funds for its seed round for expansion.

Proposal

Funding Requirement

USD 2 Mn

Funding Status

I do not have any investment commitment

Industry IconHorizontal Industry

Mobile

Industry IconIndustry & Sub-Industry

Industry IconTechnology/Product/Service Offering

Clapingo provides a safe environment for learners to PRACTICE ENGLISH CONVERSATION WITH EXCELLENT COMMUNICATORS ACROSS THE COUNTRY over 1-to-1 Live video call.

StartUp Stage

Early Revenue

Business Segment Type

B2C

End use of fund (in %)

Financial Information

2017 (in INR) 2018 (in INR) 2019 (in INR) 2020 (in INR)
Sales 0 Mn 0 Mn 0 Mn .75 Mn
EBDITA N.D N.D N.D N.D
PAT N.D N.D N.D N.D
TANGIBLE NET WORTH N.D N.D N.D N.D
LONG TERM DEBT N.D N.D N.D N.D
TOTAL DEBT N.D N.D N.D N.D

Business Document

Business Document

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