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Online Tutoring Marketplace Raising Funds In Ranchi

Listing ID: SL023658
Posted By: Owner
Last Active: 1 month ago
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About Business

It is a tutoring marketplace platform where students can either post their learning requirements or directly contact tutors. Tutors can create their profiles for free, and these profiles are publicly visible to anyone visiting the site. To initiate contact between a tutor and a student, a fee is required.

Beyond facilitating direct communication, the platform also offers a managed service by arranging classes for students. In such cases, it hires tutors on an hourly basis and compensates them after deducting a commission.

For instance, there was a case where a student from the UK paid $30 per hour, while the tutor received ₹500 per hour. Similar examples are common. While the platform serves many Indian students, revenue tends to grow substantially when students come from regions such as Europe, the USA, or Japan.

Clientele type

Their clients are tutors and students.

Premises

Currently, the founder is working from home.

Asking Price Includes

For 2 lacs INR, the founder will give a share of 2% equity. For 20 Lacs, they will offer 20% equity in my company.

Asking Price

INR 20.00 L

Minimum ticket size

INR 2.00 L

Reason

They are raising funds for marketing and enhancing through SEO and Social Media Marketing.

More Details

The founder has more than 20 years of experience in tutoring. They launched this marketplace in 2021.

Keywords

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Business Tags

Connecting students and tutors Education Education service provider Online Tutoring Marketplace Raising Funds In Ranchi

₹10 to ₹200 Cr

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  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
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