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MT Educare Ltd. ( Robomate )

  • Area Req
    1000 - 1200 Sq.ft
  • Investment Range
    Rs. 5lac - 10lac
  • Franchise Outlets
    Less than 10
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

Investment Details

Commenced Operations

Operations Commenced On1988

Franchising / Distribution Commenced On2010

Franchise Details
Units

Area1000 - 1200 Sq.ft

Investment Rs. 5lac - 10lac

Franchise/Brand Fee 4 lac

Royalty/CommissionNa

Master / Multi Units

Region Wise

Investment Rs. 10000 - 50 K

Unit Fee - NA -

Master Fee - NA -

Commission - NA -

State Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

City Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttar Pradesh, Uttaranchal

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu

East

Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal

West

Goa, Gujarat, Maharashtra, Rajasthan

Central

Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh

Union Territories

Chandigarh

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise 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 - NA -

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 1000 - 1200 Sq.ft

Preferred location of unit franchise outlet Bus stand or Market Place

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location No

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? No

How long is the franchise term for? 3 Year

Is the term renewable? Yes

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