Business Description:The company provides online education (live and interactive tutoring on internet) and is one of the top 5 brands providing the services from India in the US and UK markets. It has also started coaching students for IIT JEE online at disruptive pricing by ex-IITians and plan to launch medical entrance and other exam preps at a later stage. All the tutoring sessions are delivered with prepared content to keep the teaching methodolgy at the same standard
Industry:Education
Founded in:2006
Source of idea:Built hobby into a business
Significant Competitors:Growing Stars, Learning Hour and TutorVista
Company Details :
Company Name:TransWeb Educational Services
HeadQuarters:New Delhi
Stage of the company:Scaling up
No of Employees (2006):0-5
No of Employees (2007):16-25
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):preprofit
Profits (2007):1 to 5 lacs
>Partnerships:Times of India, Educationtimes.com, Railtel
Initial Funding:Personal savings
Addl Funding:Bank loans & mortgages
Institutitional Capital:No
Revneue Model:Students subscribe for courses and pay on a transaction basis.
Awards & honors:N.A.
Promoters Details :
Promoters Name(s):Nishant & Aditya Sinha & Singhal
Age:25
HomeTown:Patna & Aligarh
Education:Bachelors
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Associate Consultant at KSA Technopak
Ex-Job Description:Strategy and Growth Management Consulting
Favorite Book/Movie:Fountain Head
