Business Description:GuruMantras operates in many verticals like Financial Planning, Investment & Wealth Advisory (FINANCIAL SERVICES) etc. but the main concentration at the moment is in developing its Training & Development wing. We are currently working on developing a Finishing School type model and integrating the Training & Development Wing to form a one stop solution wherein we can cater to the high potential space of training students (In making them industry ready) and corporate freshers in the fields of Finance (A2Z), Soft Skills etc. We are also incubating and will soon be coming out with Interactive Educational CD's in various subjects.
Industry:Finance
Founded in:2006
Source of idea:Built hobby into a business
Significant Competitors:Educational & Training Space: On a Macro level the competitors range from national players like IMS, ICFP etc. On a Micro level there are not many players who compete with GuruMantras keeping in mind the uniqe delivery model. Financial Services Space: There are many players ranging from Big, Medium & Small in wealth management and all depends on the network and knowledge of the individual. In this case GuruMantras is quite strong.
Company Details :
Company Name:GuruMantras
HeadQuarters:Bangalore
Stage of the company:Several customers or locations
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:Yes (1)
Profits (2006):Did not exist
Profits (2007):Did not exist
>Partnerships:GuruMantras has tied up with Pray Investments, a mid sized asset and wealth management company. it is also weighing its options and is in the finalising stage for a academic partner. The above partnerships would help GuruMantras scale up. GuruMantras is looking forward to come out with new joint and bundled products with its partners.
Initial Funding:Family & friends
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:All the verticals contribute equally to both the top lines and bottom lines.
Awards & honors:The promoter of GuruMantras, Mr Akshay V Jain has won a lot of awards which includes the Best Manager - Bangalore University, Best CEO - Manipal University & host of other awards in the field of finance.
Promoters Details :
Promoters Name(s):Akshay Jain
Age:22
HomeTown:Bangalore
Education:Masters
No of companies promoted:Yes (1)
Family Background:Business
Job:Relationship Manager at Kotak Mahindra Bank
Ex-Job Description:Wealth Management
Favorite Book/Movie:Da Vinci Code