Wednesday, 24 July 2019

Live Alumni Startups Incubation Program

SharkID is giving away Rs. 1Mn Seed Capital
If your college has an incubation center, then we'll invest Rs.1M as seed capital in ideas in & around Alumni Network over & above mentoring support.

About SharkID
SharkID is jointly owned by 2 renowned IT companies namely Silver Touch Technologies Limited & eProcurement Technologies Limited. Between them, they employ 2000 people & enterprise valuation will be in excess of Rs.500 Cr. SharkID was launched in April 2017 & in 2 years it crossed 2M Instal i.e. by March 2019.

Why college should have Live Alumni Network
Schools & Colleges have educated thousands & lakhs of students. But has failed to keep in touch with them. With the right technology, now schools & colleges can keep their Alumni database live.

6 Steps Process to get in touch with your Alumni 
1. Track Students on Social Media i.e. FB, Linkedin, etc.
2. Get in touch with them & make Friends
3. Ask Alumni to create Whatsapp Group & and add batchmates
4. Collect their biz card - Scanned Images
5. Use SharkID to digitize the biz card from biz card images
6. See the network & stay updated
The startup we'll fund will use the above 6 step process to keep your alumni database updated.

# Benefits of LiveAlumni to Schools/Colleges
- Know where their students are working & in which position
- Download the latest coordinate & keep your database updated
- Invite past students for guest lecture & knowledge sharing
- Get internship & research projects
- Raise funds for Charity & College development
- Create Alumni Network & help network help each other (using SharkID API)
- & many more benefits

# Funding:
Users in '000Funding in Mn INRAcq. Cost/UserRev/Year Mn INRTimeLine
10.1100NA3 Months
101100NA12 Months
1007.5755M24 Months
1000505025M36 Months
Total - 1000Total - 58.6Total - 30M3 Years
SharkID will take small equity in your venture.

# Market Size:
Once the student rolls out Live Alumni in their college, they can expand their operation & cater to different school  & colleges. The market size is close to 500 M Live users.
- 1000 Universities
- 50,000 recognized High Schools & Colleges
- 500M self-employed & employed workforce
- 25M new students get added every year

#If interested, let's connect. Mail us at mubin.munshi@sharkid.in



No comments:

Post a Comment

Please read the whole blog first & only post that post your queries.