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Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
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  • Uttar Pradesh
  • West Bengal
  • Telangana
MT Educare Ltd. ( Robomate )

MT Educare Ltd. ( Robomate )

Category: Competitive Exam Coaching Institute
No. of Franchise Outlets: Less than 10
Area Req: 1000 - 1200 Sq.ft
Investment: Rs. 5lac - Rs. 10lac
Business Details

About MT Educare:

The company expanded to 150+ branches, with 50,000+ students enrolling every year. The expansion was a well thought-through and planned process, which created a platform for scalable growth. The company now grew into a pro-active education giant, with a wide reach across India and internationally. Mahesh Tutorials had now become a household name in the city of Mumbai and enjoyed excellent brand equity. It started operations in several locations across India in Maharashtra, Gujarat, Tamil Nadu, Karnataka and internationally in Dubai.

MT Educare is a national player with a multi-state presence and a diverse product portfolio, standing a class apart thanks to its technology-enabled business processes, digital content delivery and 24 x 7 online support for the courses offered. The company expanded to 150+ branches, with 50,000+ students enrolling every year. Mahesh Tutorials had now become a household name in the city of Mumbai and enjoyed excellent brand equity. It started operations in several locations across India in Maharashtra, Gujarat, Tamil Nadu, Karnataka and internationally in Dubai.

The Company has 18 college tie-ups in various districts of Karnataka and is planning to add more college tie-ups in all the remaining districts of Karnataka. In an effort to digitize content, professional recording studios have been established to record lectures of expert faculty across all streams (Std. 5th to 12th, IIT, AIPMT, CAT, CA etc.). The company has forayed into a highly evolved e-learning solution branded as ROBOMATE.

Achievements:

1.MT Educare is successfully listed on BSE & NSE

2.MT Educare was awarded as one of the 'Top 200 Forbes Asia Best under a Billion' Company

3.Using the new Learning Management System (LMS), the company has introduced its Flipped Classroom model in 2015

4.The company has forayed into a highly evolved e-learning solution brand as ROBOMATE

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MT Educare Ltd. ( Robomate ) Investment Details

Commenced Dates
Date Commenced Operations
1988
Date Commenced Frachising / Distribution
2010
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 5lac - 10lac
4 lac
Na
Expansion Locations
North
North, New Delhi, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttaranchal, Uttar Pradesh 
South
South, Kerala, Karnataka, Tamil Nadu, Andhra Pradesh 
East
East, Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Orissa 
West
West, Gujarat, Rajasthan, Maharashtra, Goa 
Center
Central, Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand 
Union Territories
Chandigarh 
Franchise Details (Optional)
Want to expand
International, Nationwide
Exclusive territorial rights to a unit
Yes
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
30
Likely pay back period of capital for a unit franchise
1 - 2 Year
Other investment requirements

MT Educare Ltd. ( Robomate ) Property Details

Type of property required for this franchise opportunity
Commercial
Floor area requirement
1000 - 1200 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet
Bus stand or Market Place

MT Educare Ltd. ( Robomate ) Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
MT Centre
Is field assistance available for franchisee?
Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise?
Yes
What IT systems do you presently have that will be included in the franchise?
Yes

MT Educare Ltd. ( Robomate ) Agreement & Term Details

Do you have a standard franchise agreement?
No
How long is the franchise term for?
3 years
Is the term renewable?
Yes
Dec, 07 2016

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