www.gurumantras.in

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