Products/Service

Robotic Teacher

Clientele Type

Pre Primary & Primary Schools

Premises

Production Unit: 2000 sqft ( Lease)
Office : 1500 sqft ( Lease)
Bangalore

Asking Price Includes

complete product setup with formula

Reason

We are planning to bring more innovative products in the market. We want to concentrate more of innovations rather than marketing.

Other Details

This Private Limited Company is started in the year 2015. They are into IT products making.
Our core team: 5+
Employees: 15
The Promotor has 15 years of experience in the educational field.
Company has developed unique product which is not available in the market today.
The product is made up a robot using AI (Artificial intelligence) which can act as a teacher. Students can ask them questions also.
This robot can teach students upto 10th grade. It also asks questions to students and evaluates their performance. The robot shows facial expressions so it creates a very lively environment and attracts the students.
The Compay has received order from Karnataka Government to make these 50 robots for government schools.
Till date, they have sold 200 robots in school out of which 50 is the government schools
The projected revenue from the product is showing 500 Cr in a 5 year period.
The Owner is an IT person and involved in making innovative IT products, does not want to involve in sales & marketing of the product. but anyone with the marketing of the product can generate good revenue out of it.
Revenue for FY 2017-18 is INR 27,95,007
Revenue for FY 2018-19 is INR 31,42,947
Asking Price of the product is INR 5 Cr