Career-counselling platform LauchMyCareer (LMC) plans to introduce new counselling packages for faculty college students, working professionals beneath the bundle identify Personify; and examine overseas aspirants. “The company further plans to add three million active users to the platform through multiple channels by the end of 2022,” Ankur Aggarwal, co-founder and managing director, LaunchMyCareer instructed FE Education Online.
The firm has created two streams of income beneath enterprise to enterprise (B2B) and B2C fashions. Under B2B, it earns income from sponsorship of reside counselling classes or workshops for its college students, from colleges. As for B2C, it earns by way of subscriptions from college students or dad and mom who can instantly go to the LMC platform, register on-line. Post choosing a free character check, customers can select to pay a reside counselling session. Presently, LMC claims to supply two packages – Pathway for college students between sixth grade to tenth, priced at Rs 10,000 and Pursuit, which runs on an annual mannequin and permits college students in eleventh and twelfth grade to subscribe for Rs 18,500.
Meanwhile, the corporate refused to remark when requested in regards to the variety of college students they’ve counselled in a 12 months and income generated in its first 12 months. Regulatory filings accessed by enterprise intelligence platform Tofler present that the corporate recorded zero income from operations in its first 12 months and posted a web lack of Rs 1.39 lakh in FY21.
The ed-tech startup has partnered with over 2,000 National Independent Schools Alliance (NISA) colleges, a platform for budget-private colleges to introduce counselling within the faculty’s curriculum and 6,000 Common Centre Service (CSC) academies with entry to 2.6 million college students, an initiative by the Ministry of Information Technology to impart digital expertise throughout rural sectors of the nation. “We would be launching the LMC platform across all NISA schools in the next five years,” Aggarwal added.
The ed-tech startup began its operations in India in May 2021 and helps learners uncover their pursuits and potential when it comes to their profession selection by way of digital actuality. The firm additionally helps college students construct the required talent set by way of their studying hub, which includes programs on totally different topics corresponding to comfortable expertise, STEM, and language studying.
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Source: www.financialexpress.com”