Humming Publications

Knowledge is Power & Imagination is Super Power
  • Sector Education, Edtech
  • Country India
  • Founding date August 2020
  • Stage Users
I always believed that process of imparting knowledge can be revolutionized to a great extent with the use of technology.
Here I am, doing it.

General

Sector
Education, Edtech
Category
Consumer, Enterprise
Product usage or interact
Mobile/Tablet (Android))

Business

Target customer
Students of Class 11th and above.
Customer acquisition strategy
Enroll for combo Courses for huge discounts. Refer & Receive Discounts
Revenue model
Subscription.

Market info

Market size
$5,000,000
Competition
Competitors are few as of now. But that is not a concern. The Indian e-learning industry is shaping up. Nobody has a monopoly yet. The industry is expected to become a Trillion $ industry faster than any other industry did. There is more than enough for everyone.
It's the right time to make the most out of the opportunities that this booming sector is offering. Most of the competitors. are providing courses for school going students. We are experts in higher education.
Startup traction
Volume is a key element for success of our business model. So the primary goal is to reach out to as many people as we can. We have been at it since start and so far we have been able to make ourselves visible to at least half a million people (includes data from our associate's portals)
The Coaching industry is considered to be the most profitable industry. In case of classroom training by investing $1 one could earn $100.
However that would be an exaggeration for e-learning start up. Unlike offline coaching, online coaching has a customer acquisition cost.
For every $1 investment we intend to earn $2 initially and so far we have been quite successful in maintaining that.

Total early investment
$1,000,000
Shareholder structure
Owner type
Name
Equity
Atul Tawade
Founder
% 21
Mayuree Tawade
Family
% 10
Priyanka Dode
Friends
% 10
Alka Tawade
Family
% 10
Na
Angel Investor
% 49
Investment round
Angel Investment
Investment amount
$1,000,000
Equity on offer
% 49.0

Team

Atul Tawade  - India
Total team member
3
Comment
Last update: 17.11.2020