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Hotline: 1800 102 2007
Hotline : 1800 102 2007
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Veative Labs Pvt.Ltd.

Area Requirement -N/A-
Investment Size INR 20 Lac - 2 Cr
Franchise Outlets Less than 10
Business Detail
About Us:
We, at Veative, provides education technology and learning simulations for schools and industries. Fascinating technologies like 3D, Virtual Reality, Augmented Reality and Mixed Reality are used.
Virtual Reality in Education
Virtual Reality is the hottest education technology trend today. Heather Bellini of Goldman Sachs Research expects virtual and augmented reality to become an $80 billion market by 2025, roughly the size of the desktop PC market today.
Virtual Reality experiences are loved by students around the world and the research predicts that more than 70 million kids will have VR experiences in schools in 2021.
About Veative
Veative Labs, a Singapore holding company, is the world leader in offering VR solutions. Veatives VR solutions are running in more than 20 countries including US, Canada, Australia, China, UAE, South Africa and so on. We work with and have been lauded for our work in virtual reality technology by prestigious partners such as UNESCO, UNICEF, Unity, and NISA.
Offering in India: Virtual Reality Innovation Academy
Veative sets up first of its kind Virtual Reality Innovation Academy across India through its franchise partners.
The academy can be set up inside the school premises where we offer VR Innovation program for students age 7 to 18.
The program is structured around 25 sessions to provide school students with some amazing interactive immersive STEM experiences along with a VR innovation certification program enabling students to learn, build and code their own VR experiences, not just consume them.
Investment Detail
Commenced Operations
Operations Commenced On 2019
Franchising / Distribution Commenced On 2018
Franchise Details
UNITS
Location Store wise
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 000000
Royalty/Commission 30 %
Master / Multi Unit
Region Wise
Investment INR 1 Cr. - 2 Cr
Unit / Brand fee INR 00000
Master / Brand fee INR 00000
Royalty/Commission 30 %
राज्य अनुसार
Investment INR 50lakh - 1 Cr.
Unit / Brand fee INR 00000
Master / Brand fee INR 00000
Royalty/Commission 30 %
शहर अनुसार
Investment INR 20lakh - 30lakh
Unit / Brand fee INR 00000
Master / Brand fee INR 00000
Royalty/Commission 30 %
Expansion Locations
North
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
South
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
East
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details
Territorial rights for unit franchise Yes
Performance guarantee to unit franchisee Yes
Anticipated percentage return on investment 50%
Payback Period 1-3 Years
Any Other Requirements operational cost
Property Details
Type of property required for this franchise opportunity Commercial
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Franchisee training location Noida Head Office
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
AGREEMENT & TERM DETAILS
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 1 Year
Is term renewable? Yes

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