InEDUtech (An unit of Mindwings Innovations and Technologies Pvt. Ltd.) Bangalore, India. www.inedutech.com Developing mobile apps, Facilitating Education sector, Transforming the lives of Management ,administrators, teachers, students & parents with smart connect technology Connect | Learn | Excel
The Core Team Madhav D IT and Management Graduate Founder, CEO 13 years in Software Industry Project head of Quality Assurance Ananthakrishnan L MBA Finance COO 15 Years in IT and Financial Services. Business Analyst in IT & QA for Banking Projects credit appraisal in retail lending. Suresh Engineering Graduate Director 8 years in application development and maintenance in Healthcare & Banking domain
The Team Roles and Responsibilities No of Resources Android Developers 3 IOS Developers 2 Testers 2 Sales and Marketing 1 Total 8
Problems (in Education Sector) The present communication methodology to the busy & anxious • parents or the students is not in line with changing life trends. Concerns of parents about the meal of their kids in preschool. • Alerts in time of unscheduled Institution closure • Parents missing out on Assessment chart/PTM date /Circulars. • Students missing out on assignments or submission dates • Increased spending on stationaries and SMS Pack • Increase in work load for teachers as they need to manually • update for each and every student. Documenting and improving the Visibility of the Institution and its • services.
Our Solution Notifications can be sent categorically to every parent or individual class • or individual student Newsletters, Circulars & Events and periodical updates can be sent with • ease. Easy to use for teachers to upload Mark sheets, Create Timetable & Mark • Attendance Chat option between Parents/students and School Admin/Teacher • Display of Meal Calendar within the APP • GPS locator to Track the Institutes Bus Live • Increases visibility to the institution and its activities • Unlimited storage space for displaying Institution/Branch related Videos • and Photos Support to Pdf and Image files as attachments. •
Product Overview Removing the existing communication barriers in education sector • and providing best teaching and learning methods using Mobile Apps S-a-a-S based mobile apps solution that connects • educators/parents/students We target the end-to-end segment in education industry by offering • exclusive product for each entity such as Preschools / Schools / Colleges / Universities / Institutes / Tutors Our APP enables education institutions to experience seamless • communication among its stake holders, increases teachers and students engagement. Also It provides innovative teaching and learning techniques. No Hassle , one touch installation • No special training required. •
Why Different Products The needs and requirements of various educational • institutions are different The connect solution allows only specific groups to • communicate Preschool connects only with parents • School connects with both parents and students • College, University & Institute connects with students • only.
Business & Revenue Model Our business model is to charge Rs 99 /Student /Year for the service or give it for free with advertisement option. Payment will be collected in advance for a Year. For detailed business model – with in India and outside India Refer Below Mobile App With Mobile App With out Advt (Outside Mobile App With Segment Products out Advt (India) India) Advt IN INR (Per IN USD ( Per Local ads/Google Student / per year) Student / per year) Ads/Apple ads Preschool Preschool Connect 99 1.99 Free School School Connect 99 1.99 Free College College Connect 99 1.99 Free University University Connect 99 1.99 Free Institute Institute Connect 99 1.99 Free Tutor Tutor Connect 99 1.99 Free
Market Size • Global Market opportunity is close to $ 3 Billion (Global Student Population is 1436 Million) • In the first phase we are planning to concentrate in the following markets India (Student Population is 250 Million) UAE (Student Population is 9.7 Million) USA (Student Population is 68 Million)
Current Traction o Feb 2014 - Company Incorporated o April 2015 - Mobile App Development (V 1.0) is completed to cater for Preschool Only o March15th 2016 – Mobile APP for K-12 released. Paid Customers o APP installed in 8 Preschools of VIVERO International (a brand of Edvance Preschools & Associate of Eton house Singapore) o 42 Preschools of SERRA International – o Kids Castle 25 Branches Pipe line Customers o 8 Preschools of DAFFODIL Georgia,USA. o KRISTAL Preschool in Malaysia – Demo completed o 2 Universities and 50 institutes are in pipeline
Our Goal • In the next 3 – 6 months o Acquiring 100 schools / preschools with student base of 1,00,000 minimum. • In the next 12 – 18 months or 24 months o In India, to acquire 3 million student base and globally 1 million student base • In the next 5 years o Become a market leader. Out of 1.4 billion students across globe, we want to bring at least 5% in to our platform
Competitive landscape Who will you compete with? [current or in future] • Our competitors (There is no market leader in India currently, however there • are few small players In similar space) in India – uolo / KidKonnect / Edu Next / Edu frame / Myly • Global - Remind / Tiqbiz / school messenger • Why would someone choose you over them? • Easy to adapt, No training required • Bundled with important features. • Affordable pricing • Why do you have a chance to be a dominant player? • Unlike Remind, our solution gives more control over the admin/ teachers. It • has dual authorization process. Management is kept informed of all the activities performed by admin staffs and teachers. Unique Design / User friendly Interface. •
Funding objective How much do you need • Cost Year 1 Year 2 Technology 400000 480000 We are planning to raise 150k • People Resources 3000000 3300000 USD Capex 0 500000 Opex 720000 792000 What do you need the money for • Marketing & Sales 1800000 3500000 i.e. what will you achieve with this Misc & Others 120000 132000 money, when do you see Total of Costs 6040000 8704000 profitability ? Expected results Year 1 Year 2 We are in early stage revenues. • Customers registered 100000 300000 We need funds to scale up % of registered users who buy 10 10 globally and to release Number of customers who buy 10000 30000 subsequent versions. Revenue per sale 99 99 We will turn cash positive in the • Total revenue 990000 2970000 3rd year. Note: This is indicative. Adjust as appropriate for your business. But keep it simple. Surplus/Shortfall Year 1 Year 2 -5050000 -5734000
Our Mobile App Screenshot
Our Product Promotional Video PreSchool Connect https://www.youtube.com/watch?v=8Fge7a OSJV0 School Connect https://www.youtube.com/watch?v=BeQOti oG2PQ
Exit Option • Our Goal is to acquire 100,00,000 Students in 5 years time • Exit Strategy • Acquisition by Market Leader • Merger with Competitor
Thank You
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