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Saiteja Kacham

Building Wealth, Dri... • 1d

1)The Problem:India has over 39 million college students , with 70% (28 million) studying in Tier-2 and Tier-3 colleges, where they face significant challenges. Many of these colleges lack updated curriculums and industry-relevant training, leaving students unprepared for the workforce. Placement opportunities are abysmal, with only 1% of Tier-3 graduates securing jobs through bulk hiring and another 10% landing low-paying roles (₹2–3 lakhs per year). Shockingly, 85% of graduates from non-top colleges remain unemployed or underemployed after completing their degrees, highlighting the urgent need for affordable skill development solutions to bridge this gap. 2)The Solution: How Jigyasa Helps Students Succeed Jigyasa is an EdTech platform designed specifically for students in Tier-2 and Tier-3 colleges, aiming to provide affordable, job-ready training that bridges the skill gap and prepares students for the workforce. Key features of Jigyasa include an Early Start, with courses beginning in the 1st year to help students build skills early, and Regional Language Support, ensuring content is accessible to all by delivering it in regional languages. The platform also offers Dedicated Mentors, where full-time teachers act as both instructors and mentors, providing personalized guidance. With Affordable Pricing of just ₹3,000–₹5,000/month per student, depending on the course (e.g., web development, Android development, data science), Jigyasa ensures accessibility for all. Additionally, through College Collaboration,we partner with colleges to appoint coordinators who ensure flexibility during exams or academic schedules. The Weekly Learning Schedule is structured to maximize learning outcomes: - Monday to Friday: Pre-recorded videos (20–40 minutes) covering technical topics like web development, data science, cloud computing, etc. - Saturday: Live soft skills sessions focusing on communication, resume building, LinkedIn optimization, and interview preparation. - Sunday:Live doubt-clearing sessions combined with hands-on project work based on the week’s learnings. This approach ensures students gain Technical Skills ,Soft Skills(confidence in communication and professional readiness), and Hands-On Experience(real-world projects to apply their learning). 3)Why It Will Work Jigyasa is built to succeed because it addresses the core needs of underserved students and leverages scalable strategies: Affordability: At ₹3,500/month, our platform is accessible to all students, even in Tier-2 and Tier-3 colleges. FOMO (Fear of Missing Out): When one student sees success—like landing an internship or building a real-world project—others feel motivated to join. This creates a viral loop within college networks. Scalability: By partnering with colleges and offering regional language support, we can rapidly expand to multiple states and regions. Outcome-Oriented Training: Our focus on combining technical skills, soft skills, and hands-on assignments ensures students are job-ready by the time they graduate. 4)Market Size Total College Students in India: 39.4 million, with 70% (28 million) studying in Tier-2 and Tier-3 cities. Telangana Example: ~450+ Tier-2 and Tier-3 colleges with ~1.2 lakh first-year students annually. Over 60% of these students struggle to secure jobs due to skill gaps. Entry-level placements hover around ₹2–3 LPA for most graduates, while skilled candidates can earn ₹5–8 LPA or more. At scale, even if 10% of Telangana's 1.2 lakh students join (12k students) , Jigyasa generates ₹3.6–₹6 crore monthly revenue just in one state! Unit Economics (For 1 College with 100 Students): Monthly Revenue: ₹3,500 × 100 = ₹3,50,000. Costs: Commission to college (10%): ₹35,000. Teacher salary: ₹1,50,000/month. Server & maintenance: ₹10,000. Miscellaneous: ₹5,000. Taxes (GST 18%): ₹56,700. Total Costs: ₹2,56,700. Net Profit: ₹93,300/month. Scaling to 10 Colleges: Monthly revenue: ₹35,00,000. Net profit: ₹9,33,000. Break-even Point: We need just 54 students per college to break even. National Potential: Targeting 1% of 28 million Tier-2 and Tier-3 students (~280,000 students) : Monthly revenue: ₹3,500 × 280,000 = ₹98 crore/month. Annual revenue: ₹1,176 crore/year. EdTech Growth Trends: Indian EdTech market growing at a CAGR of 39.77% (2022–2027) , projected to reach $10 billion by 2027. Global EdTech market growing at a CAGR of 16.5% (2023–2030) , expected to grow to $400 billion by 2030. For Detailed Financials and Metrics To explore the full document with unit economics, scalability analysis, and detailed financial projections: https://drive.google.com/file/d/1jgoDJPXvt6xy5NU0sqPDZ0M0q-wfqePy/view?usp=sharing. Upvote if you think this idea can transform the future of millions of students! Medial:https://medial.app/idea/jigyasa-9f17a0045d34f

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