Education is one of the most important need of our life, education makes a person mature, smart, eligible for better jobs and career prospects in life.
Educational institutes are also equally important as much as education itself. Today India has almost more than 50,000+ colleges and approx more than 2 lac schools and everyone wants to get the best.
Sometimes it gets really tough for parents and students to select one of the best school, college or institute for their kids and them self.
Finding information about a college or school, the courses they offer, facilities, etc is very important while selecting the right place for your admission to make a bright career and is sometimes very hectic with such large number.
Today we bring one of the start-up who is trying to resolve this issue. Manu Mital from EDULUK.COM has profiled almost more than1.5 million institutions under the K-12 segment and 42,000 institutes under higher education segment all around the country to help parents and kids to select the best school & Instituitions as well as college for their career prospects.
Eduluk plans to bring about a paradigm shift in education through the use of data and analytics which is missing in education sector. Lets see how Manu Mital and his venture is helping the prospective candidates to select not only the best college for themself but also helping central and state govt, research scholars in having easy access to data with analytics. Lets meet the founder of Eduluk and see how his venture is helping students find the best schools and colleges for your career growth.
1. What is the Name of Your Venture? Any specific reason for this name?
Brand name EDULUK.COM
Company name Sambhav Softtech private Limited..
Eduluk actually means getting a look at educational institutions
2.Who is your target Audience/clients?
Parents, Students, Institutions Management , Government and researchers
3.Where is your venture based (city, state, country) & What are your geographical target areas?
Our venture is based in New Delhi India. Since it is digital platform, we are targeting all over India
4.What problems does your venture resolve? What are your products or services?
Exhaustive listing of Schools and Colleges with detailed info about them which is what parents& students are looking for. Since its inception, Eduluk has collated database of over 1.5 million institutions under the K-12 segment and 42,000 institutes under higher education segment. The company plans to bring about a paradigm shift in education through the use of data and analytics which is missing in education sector. CPC based Advertising, Virtual Education and Career Fairs, School shop online, World class websites with CMS
5.Share the idea or story behind the venture. How did it came to an existence? What motivated you to start your own venture?
While interacting with the students and parents community, he realized their difficulty to discover reliable and authentic source of information in the education segment. Moreover, he saw the dearth of information and options regarding educational institutions on Internet when his son was opting for admission. This made him realize the need for such a platform and thus Eduluk was born to bridge this gap of providing information.
6. Who are your biggest competitors and how do you differentiate yourself from them?
Every Online education search portal like careers360, shiksha are our competitors but we are the only one which cover both K-12 and Higher education and that too with over 1.5 K-12 and 42K Higher education institutions
7.How did you identify your co-founder? Tell us something about your co-founder/s
My Co-founder is my wife & better half Shalini Mital. I feel that passion & dedication is important for founders to work together. The best thing to share work is with your own wife, who understands your passion & zeal to achieve.
8. How did you hired your first team members? What skills do you want in your employees/team?
We hired our first core team of collating databases & content team through reference. This is most important for a start-up who can give their dedication & hard work. The most important skills is communication skills, lot of patience since collating database & converting into in digital platform requires lot of precision & perseverance.
9. What expansion plans are you looking for the next 2 years, next 5 years?
Looking to expand to at least 23 countries which account for 98% of abroad students in next five years
10.Where do you want to see yourself in next 10 years?
A Global company with presence in over 10 countries with analytics as business area which will benefit the education industry.
11. What are your goals over the next 1, 3, 6 and 12 months?
We plan to be revenue oriented and get into operational break even in the next 12 months
12.Have you raised any funding? Or have any plans for the funding?
It is bootstrapped and we plan to raise 3-5 million USD funding in next 12 months
13.What were the problems you faced during the starting days and how did you resolve them?
During the initial days, right technology team, creating the right product mix and a bug free portal were the issues we faced. With time we were able to get the right set of people who have worked hard to create this amazing portal
14.What was the most challenging part of your journey till now? How did you overcome those challenges?
Technology has been the most challenging as I don’t have any technical background. During this journey with hits & misses I have been able to learn about the technology, the usage of social media 7 how to leverage it. etc
15.Are you married, single or in a relationship?
16.What are your hobbies? What do you do in your non-work time?
Reading, watching cricket, cycling, cooking and playing with my dog
17.Whats your favorite food & holiday destination?
Favorite food is anything in vegetarian. holiday destination is Manali in India and Singapore
18.Whom do you consider your idol or biggest motivator
Accepting new challenges & working towards those challenges are my biggest motivator and every success person is my idol be it Bill Gates or Sundar Pichai or our PM Modi
19.What do you feel is the major difference between entrepreneurs and those who work for someone else?
Entrepreneurs are risk takers and visionary. I also feel that entrepreneurs go through different stages in terms of success or money so they are ready to face any situations with smile.
20.If you had the chance to start your career over again, what would you do differently?
Engineering degree along with software developer
21.How has being an entrepreneur affected your family & Social life?
It has improved quality of life and made me more social
22.Anything, you would like to say to our readers or upcoming entrepreneurs?
Listen to everyone but don’t react to their comment. Do what you think is the best for you
23.Tell us something about your education & family background.
I am MBA in marketing and comes from a Educators Family background as my father was a Professor of political Science at University of Allahabad and Mother was the Home Minister
24. What is your USP which makes it unique & different from other start-ups in similar domains.
Width and depth of the data and also we are not enquiry generators for the Institutions but we help institutions to create their branding
25. What do you think is the biggest threat to the success of small businesses & Start-ups today?
Non Availability of funds for growth. Everyone can develop the basic product but to make it reach the market and test it out needs money and that is not available
26. Do you consider yourself successful and by what means do you measure success?
Success is like a mirage keeps going ahead of you. The parameters for being called successful keep getting enlarged which makes you strive for more. So in that case I consider myself to be a deer after the mirage
27.Please share complete name, address, phone number, email id & website of Your Business & Contact Person
Website – www.eduluk.com
Address – 41 Zamrudpur,Opp Baraat Ghar, Near Gurudwara, New Delhi, Delhi 110048
Email id – [email protected]