ScooNews - a media platform for the education sector – print, online, online TV and events.
Early-growth stage venture with proven media assets, experienced team, tech platform and content curation and creation capabilities.
ScooNews wants to be for the education sector what YourStory is for the entrepreneurship sector
Given the changing dynamics in the education sector, including disruption in learning needs, teaching methodologies & concepts, technology and platforms, stakeholders in the education sector are struggling to get a comprehensive view of the changes and disruption relevant to the education sector.
There really is no single platform which has education-sector focused content across different media platforms.
That's where ScooNews comes in
ScooNews was created to make education sector stake-holders better aware of changes in the sector.
ScooNews is present across mediums and formats - print, online, online TV (currently on YouTube. Independent online TV channel launch planned for July 2018) and events - all focused on the education sector.
Value proposition: Stay on top of the game with quality perspectives, content & best practices from across the globe.
What gives ScooNews a good shot at becoming a dominant education sector media brand. Globally.
I.e. ScooNews has the opportunity, the team and the platforms to become a dominant education sector media brand globally
Business model and revenue streams
Current revenue streams
Future revenue possibilities
Education World, Digital Learning and Brainfeed are some print-only competitors - ScooNews differentiator of a multi-media platform offers stronger value proposition and better engagement opportunities.
Edutopia (USA), TES (UK), EdSurge (USA) are some notable global education-focused online media platforms. However, they do not have India focused content, and focused on the Western concepts of education. Some of them (E.g. EdSurge) also focus on EdTech rather than being a provider of information and perspectives, which is what ScooNews focuses on.
Team with industry experience
Education sector stalwarts as engaged advisors
Ravi Santiani - Founder and CEO
16 years of experience in international sales and strategy and well connected to prominent educators, thought leaders and functionaries in the education sector.
Vinay Singh - VP Product
21 years’ experience in sales, training, customer service, and project management. Certified PMP and holds an MBA in Information Systems Management.
Mentors and Advisors
Dr Swati Popat Vats
President, Podar Education Network & President- Early Childhood Association India
Education Evangelist, Microsoft Innovative Educator Trainer and founder, De Pedagogics
Founder, Super 30 programme
Dr Neeta Bali
Director - Principal and Head of School at G D Goenka World School, Noida
Principal, Scindia Kanya Vidyalaya, Gwalior
Founder & President, Katha
Current status and traction (As on 12th Feb, 2018)
ScooNews is on track to get to 3,000 paid subscribers by Dec 2018.
By end of 2019, ScooNews aims to have over 10,000 subscribers, with a registered user base of 300,000 education sector stakeholders and a MRR or Rs.75 lacs - Rs.1 cr a month.
In 2018, ScooNews also plans to strengthen the tech platform with the objective of ensuring better engagement of education sector stake holders. This platform with a two-way communication channel will also open up possibilities of additional revenue streams as a media platform.
Post 2019, the plan is to expand the media properties and initiate international expansion. This will also help them get more international perspectives in the content.
ScooNews was bootstrapped by the founders, including personal loans . Subsequently, they have previously closed a round of funding with HNIs as angel investors.
ScooNews is raising follow-on capital of Rs.2.5 cr. This will last 18-24 month, taking the venture to meet growth plans till 2019. This round of funding will also take the company to self-sustainability, with additional funding required only to accelerate the pace of growth, and to target international markets.
Request their investor pitch deck
ScooNews is part of Qrate - a unique fundraising assistance program by the Government of Rajasthan. The program is free for startups and is open to startups across India.
The Qrate program follows the ‘Assess-Improve-Access’ model wherein startups are first provided a detailed assessment report and Applyifi scorecard, based on which startups undergo customized and group skill-building and mentoring programs. Once ready, startups are connected to investors and potential customers. Startups that graduate from the program will also get fast-tracked to pitch for grants and investments from the Government of Rajasthan.
All participating startups are given the iStart and QRate cards, which provides them access to several benefits and offers from partners. All startups start with the basic iStart card but move up the ladder – bronze, silver, gold, platinum and signature cards – as their scores improve. Depending on their Qrate score, Startups are eligible for a tiered structure of online and offline benefits, including via partners.
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