A Early Revenue Mobile Startup in Education (E-learning, Skill Development) from India is looking to raise funds
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
Capital Requirement
INR 15 Cr
Funding Status
I do not have any investment commitment
Horizontal Industry
Mobile
Industry & Sub-Industry
Education (1)
Online Certification, Skill Development
Technology/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 Cr) | 2018 (in Cr) | 2019 (in Cr) | 2020 (in Cr) |
---|---|---|---|---|
Sales |
N.D | N.D | N.D | INR 0.075 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 |