In-house and outsourced team of mentors to constantly monitor the progress of the students.
Diversified course offerings and delivery channels.
With the acquisition of Edureka, the company has entered into the market to provide instructor-led learning in the niche information technology area related courses.
Edureka has approximately 3 million subscribers on its Youtube channel.
In-house content team, third-party mentors and instructors, and an editorial team that curates and prepares content for the study material.
Substantial investments in content, courseware, and technology, with minimum investments in tangible assets.
Goal of expanding presence in existing and new markets, by increasing the number of Preferred Delivery Partners (PDCs).
Presence in the competitive exam-oriented courses, particularly in Banking, SPSC, Insurance, RRB, and SSC.
Online, offline hybrid, offline blended, campus in campus and online live instructor-led learning models in various languages.
Growth strategy includes evaluating opportunities for strategic alliances, partnerships, investments, acquisitions, and rebranding of acquired business - inability to successfully identify and integrate acquisitions may affect the company’s operations.
Reliance on Preferred Delivery Partners ("PDPs") who own and operate the centres, establish infrastructure and hire local mentors for the company’s offline hybrid and offline blended learning models.
Exam-oriented and training courses offered by the company depend substantially on its mentors - inability in attracting and retain them may have a negative impact.
Limited experience - the company started its journey in 2018 and was operational in 2020.
Business is linked to the academic cycle and is, therefore, cyclical in nature.
All properties used for business including the registered office have been leased, including properties leased from related parties.
Strong competition in the business of providing competitive exam-oriented courses.
High geographic concentration - most of its businesses are operated in and from Tamil Nadu and Karnataka.
The company has, in the past, entered into related party transactions and may continue to do so in the future.
Outstanding legal proceedings involving promoters, directors, and group companies.
India Ratings assigned a Long-Term Issuer Rating of 'IND BB-' with a Stable Outlook to a contemplated Non-Convertible Debenture (NCD) issue by the Company.
As on October 31, 2021, the company availed five facilities amounting to Rs 99.44 crore out of which credit facilities availed from HDFC Bank Limited amounting to Rs 36.80 crore is repayable on demand.