Head and Heart
Initial Ask – Rs.50lacs for 5% equity at a valuation of Rs.10Cr.
About the Company
The company is a kind of brain gym, where mental, mid-brain activation activities are being taught. The course taught by this company has been approved by the Himachal Education Board and the company has been contracted for the same.
There is no way the company can protect other people from copying this curriculum, therefore any other individual can start teaching this course.
Past performance of the Company
The company has earned around Rs.30lakhs in the previous year.
Industry Overview
Mid-Brain Activation is an underlying study curriculum, which increases the brain capacity of an individual. It is recently being discovered and a number of companies are starting a mid-brain activation course.
The industry is not yet very competitive, but competition will increase over the next few years, as there is no protection of the courses that is being offered to the students.
Offers made, and the one accepted:
No offers made.
Namita suggested to make it a corporate education business, educating employees of various companies instead of an EdTech company.