Online Tutoring Marketplace Raising Funds In Ranchi
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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.
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