Looking for Equity Investment of INR25Cr in Ariv Education

Posted On: 13 / Nov / 2021
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Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Education
Charge

Deal Status

Active

Deal Description

Ariv Education, is a startup engaged in conducting interactive education for grades 8/9/10. NEW AGE COACHING An Interactive Online coaching institute for Classes 8th, 9th, & 10th (State Board, CBSE, ICSE) supported with Offline Coaching Centres supported by INDIA'S BEST TEACHERS 100 Top Quality teachers having experience of 5 to 25 years, taught over 1 million+ students and produced rankers and toppers from most schools in Mumbai. Catered 675 students in the Academic Year 2020-21, which has now risen to 1200+ students. Ariv is expected to cross a target of 4000+ students by the end of this Academic Year 2021-22. The Equity required is in the range of INR 25 crores , of which INR 5 crores will be to placate erstwhile investors and the rest is for expansion and acquisition of smaller offline classes who have made a mark for themselves from a locality level. The pitch is self explanatory

No Files Attached

Deal Value
25 Crore
Targeted Region
Americas

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed