You are on page 1of 26

GROUP - 5

Bikram- 291017          Samyak Jain-291028 


Agnibh-291018           Nishant Kayal- 291036
Jai Chawla- 291025    Pratishtha - 291037

Pratyush- 291038     Priyanshu- 291039


Runjhun- 291045      Shubhangi- 291053
Academico Academico

Customer Problem

• Unorganized tuition or coaching Centre oriented education sector

Who is our customer

•  Students and educators from non-metro cities

Solution Offered

• Creation of a web portal or app to connect individual tutors and students


CUSTOMER SEGMENT
Academico

BASIS STUDENTS TEACHERS


WHO THEY ARE? Students from backward areas Educators who are qualified and
are willing to extend their services

Desired Outcome They want better educational facilities and They want to utilize their services and
improved access to educators expertise to help students

Pain point The main barrier in achieving this goal is  The barrier they face while achieving
that due to underdevelopment students this goal is that there is no proper
either can't afford or do not have access network for teachers and students
to properly structured study material and to connect and the pandemic has
educators, when they face problems severed the existing networks.
Existing Value Gaps & Problems Being Addressed
Academico

FOR STUDENTS For Teachers:


Absence of guidance when issues are faced Irregular Incomes
Lack of technological infrastructure Lack of proper network
Lack of properly structured study material to reach maximum students
Lack of proper resources to deliver lectures
EVIDENCE Academico
Competitor Analysis
Byju's
Academico
• uses engaging and personalized video lessons to Doubtnut
help students ranging from class 4 to Cat and IAS • Multilingual platform to solve students' queries
• Our area of specialization is higher education, • Indirect competitor as it competes in the doubt
hence we have a more focused approach solving area
• We win by providing a combination of live classes
and doubt solving on a one-on-one basis,
whenever required
Brainly
• focuses on answering questions that students
from middle and high school have while studying Embibe
• Indirect competitor as does not have a teaching • Gives personal feedback to students to help them
infrastructure and hence competes in the identify their weak subjects and knowledge gaps
study material area • Our scope is much broader than providing
• We can win over by providing a combination of
personal feedback and improving test taking skills
live classes and study material
Unique Value Proposition
Academico
Provide assistance to school
and college students, Connect Individual Tutor and
preparing for competitive students
exams

Design course as per personal


Pay for services availed
needs

Multiple teachers for each


subjects
LOCATION Academico

Rural areas of Uttar Pradesh, Easy for conducting


due to vast no of rural and workshops and awareness
semi urban population campaigns, seminars 

Gradually increasing our reach to other rural cities


MARKET SHARE ESTIMATION (TOP-DOWN
APPROACH)
Academico
Solution Prototype
Academico

Academico Portal/Web
Application

Students Teachers/tutors
• We Talked to 20 teachers and 40 students Academico
across various age group, location, income
group and educational backgrounds in
non-metro cities

Product – • Many of the tutors said that this sort of


portal will be a great place start for tutors
who are just beginning
Customer • Students positively reported that if done
efficiently one can find the teacher one

Fit needs, and know about tutors on various


topics which otherwise is  a tedious and
unsystematic task
• Majority of the teachers and the students
said that they would be willing to pay for
academico
Stakeholder feedback Academico
Local • Many parents coming to Towns from nearby villages
communities to provide better education to their children said
this could help them finding out good tutors and not
just go by one's reputation.
• The unemployment issue in our nation can also
be helped by Academico by providing the educated
Stakeholder’s youth the opportunity to earn.

Feedback Students The students in general appreciated the concept and


advised to have quality control measures on the
teachers who are on the portal

Tutors Many tutors who stated Academico to have potential


for success, said that the key to success would be the
ability to attract quality teachers, the best ones
Stakeholder’s Feedbac
Academico
k​
Financials
Academico
Break Even Academico

Analysis
Service Blueprint
PREVENTING Academico
IMITATION

BUILDING A TRADEMARKIN DOCUMENTATI


BRAND LOGO G THE NAME ON

REGISTRATION COPYWRITING
THE MATERIAL
Suitable Schemes for State-Specific Academico
the Idea Government Scheme
(UP)

Informediary Marketing Sustenance Allowance


Services Assistance Scheme
Marketing Allowance 
SIDBI Make in Incubation Incentives
India Soft Loan
Fund for Small and
Medium
Enterprises
Legal Form of Business- Corporation 
Risk Response matrix
Alternate Scenarios
Academico

What Can Go Wrong? Alternatives Assumptions go wrong

• Teachers on the portal may • Pilot testing app in one • The company will have
not be able to utilize their area of a city and then to depend on external
full potential as they may expanding to many funding to continue its
find the online infrastructure locations application
restricting • Offering a service to infrastructure in case of
• Students' doubts may get make individual assumptions of market
lost in the hoard of doubts accounts to students size, pricing go wrong.
posted on the platform and where they can post • Establishing trust is
not timely answered their queries and then important in initial
• Too much advertisement can keep track of them phases, so company can
make students to not use the being answered charge high in initial
app phases  
• Application failure due to
unexpected usage
Story
Searching good coaching Academico
is a difficult task. Famous
teachers get noticed or get
to know about any There are so many classes
teacher from seniors and and home tuitions, we
friends want to connect both.

Students moving towards While researching on


online classes due it, we realised that many
to quality of learning, but students only need
offline experience is un their doubts solved
comparable with online

We moved from only We moved from only We moved from only


serving as medium to serving as medium to serving as medium to
connect teachers and connect teachers and connect teachers and
students to add doubt students to add doubt students to add doubt
solving mechanism solving mechanism solving mechanism
Idea  Trigge Source
Why Cause &
r only this effect
Academico

Source: when we were brainstorming and discussing about


all from online classes to rise of ed-tech start-ups, we found
that how coaching and tuition classes are having difficulty
in pandemic. Also, the same problem was faced by us while
searching for coaching institutes 

Why only this: We are solving the pain point which we


also suffered when we were in our school and undergrad.
Getting assignment, problem, homework solved is still an
untapped market. 

Causation: We have predefined goal and want to


achieve our defined target to bridge students and
teachers
Expansion Plan
Academico
Academic
Phase 1 Phase 2 Phase 3
o

Launching in tier 2 Expanding in near-by Launching our app


city like Kanpur and cities in the state and in other states
Becoming a
connecting all areas reaching our customer Time period- 5 Unicorn
till 1 year base. Time period- 2 years and so on
year

Target
Customers
School Students College Students Teachers
Tier 2 & 3
Students from class 5-12 TH Commerce, Arts, Engineering Teachers getting their coaching
cities
searching for general to specific subject classes for students and classes marketed and
specific subject tuition classes and solving assignments and doubt earning from solving doubts
Founding Team
Expertise/Past
Name Department Roles & Responsibility Organizational Structure
Experience
Academico
Recruit workers &
Agnibh  Eng (Hons.) Business Development
Validation

Bikram  B.Com (Hons.) Finance Risk Assessment


Jai Chawla BBA Finance Budget allocation Matrix, Decentralized

Analytics and Technical


Nishant B.Tech IT & Operations Hiring Strategy
Support

Pratishtha B.Com (Hons.) Finance Risk Assessment


Pratyush B.Com (Hons.) Business Development Marketing & Sales

Priyanshu B.Tech IT & Operations Application Development


Hiring Interns initially from various B-
Schools, engineering institutes, etc. And
Runjhun B.Com(Hons.) Business Development Marketing Research
subsequently expanding by hiring full time
Samyak B.Com (Hons.) Business Development Marketing & Sales employees

Shubhangi B.Com (Hons.) Business Development Marketing Research


Business
Model
Canvas
THANK YOU

You might also like