15 Most Creative Indian Start-ups - Part I
Edutor learning solution is currently in use in 20 schools and coaching institutions across Hyderabad, Bangalore and Delhi, teaching about 4,000 students. The potential is huge. Every year, 20 million children enter schools. Spread over 10 classes, there are roughly 200 million children in schools in a year and hardly any of them use this medium. Even if 10 per cent or 20 per cent of these children start doing so, it would mean 20 million to 40 million children overall. And if Edutor gets even 10 per cent of this market, it would mean two million users.
There are challenges as well. Broadband coverage in the country is still poor; there is also lack of awareness. It is a new space. Though people know the use of this medium for entertainment, the challenge lies in conveying to them its great potential in education.
The company expects to close the financial year 2012/13 with revenue of Rs 5 crore.
