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 '000 | Funding in Mn INR | Acq. Cost/User | Rev/Year Mn INR | TimeLine |
1 | 0.1 | 100 | NA | 3 Months |
10 | 1 | 100 | NA | 12 Months |
100 | 7.5 | 75 | 5M | 24 Months |
1000 | 50 | 50 | 25M | 36 Months |
Total - 1000 | Total - 58.6 | | Total - 30M | 3 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