Invest in a developing business that serves a huge and growing market in India that anticipates a boost from active government supportThe Business
The Company is building e-learning solutions for the masses that take into consideration students, parents, teachers, colleges, businesses, and coaching class organizations. Solutions created to date include an e-learning solution for civil services exams, a video-conferencing solution that is waiting for government approval for legalization of VoIP in India, and a quiz application for students and coaching classes.
The Company is now planning a June 2012 launch a full-fledged web solution when Indian educational institutions begin the new class year. The Company has its office in Pune (Maharashtra), which has nearly 600 higher educational institutions and a base of 400,000 students enrolled in professional education. During the next twelve months, the Company plans to expand its marketing activities to all metro cities of India.
Market
The total value of the Indian education system exceeds $600 billion, with a potential of $600 billion for E-learning. The Indian government has announced plans to distribute laptop computers for education at a price of $35, which will ensure the rapid proliferation of E-learning education at the grass roots.
The Company is seeking approximately $4 million to be used to establish a support center (call-center and 24-hour chat service) and for marketing.
Sector: EducationSegment: E-LearningRegion: IndiaFinancing Size: $1m to $5mContact: Vijay Kawale
Company: EQuality Education SystemTelephone: +91 741 195 6873Email: [email protected]