funtoot is a Bangalore based education technology company. Established in 2010, we are the inventors of world’s first intelligent and adaptive personal tutor ‘funtoot’ for K-12 education. Our vision is to help in improving the life of every student globally through student-centric diverse technology innovations. Currently our branches are located in more than 45 cities and towns of India helping more than 90,000 students in enhancing their learning experience.
Key Highlights about the company include –
- Inventors of World’s First Intelligent and Adaptive Personal Tutor for K-12 education
- Winner of Bloomberg Pitch Award 2011-12
- Finalist at Marico Innovation Foundation Award 2012
- One of the top 3 finalists for Nasscom Social Innovation Honours 2013
- 10 Million+ Learning Gaps Identified through 3M+ personalized learning units
Founders of funtoot are alumni of prestigious institutions like IIMs and IITs. They have extensive experience across some of the world’s leading technology and services companies like Wipro, SAP, Yahoo and Microsoft.
Additionally to leverage global experience and best practices in education, funtoothas established a strong advisory board with faculty and alumni from Stanford, IIM Bangalore, IIM Ahmadabad and University of Chicago. We have also formed an academic council of many education experts.
Built on the foundation of core values - innovation, commitment and integrity, our team has common vision, goals, and passion for education, innovation and technology especially the ones that help children in India.
In a nutshell:
- 5 year old edu-tech company in the space of Personalized Learning in K-12 domain
- Flagship product funtoot – based on AI (Artificial Intelligence), ML (Machine Learning) and NLP (Natural Language Processing) – imparting enhanced learning experience for Mathematics and Science (grades 2-9)
- Used by 90,000+ students in 140+ Schools across India to improve their learning outcomes and progress to HOTS (Higher Order Thinking)
- 130+ strong community of educationists, technocrats and marketers
Franchise details
Operations Commenced On 2011
Distribution Commenced On 2015
Investment INR 10000 - 50000
| Types of Channels | Investment (If any) | Margin / Commissions | Area Requirement |
|---|---|---|---|
| DSA | Rs. 10000 - 50000 | 10-30%% | 0 - 0 Sq.Ft. - Sq.ft |
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Channel Partner Yes
Anticipated percentage return on investment 30 %
Likely pay back period of capital for a Channel Partner 1 - 3 Months
Other investment requirements No
Delhi, Uttaranchal, Uttar Pradesh
Andhra Pradesh, Karnataka, Tamil Nadu
- NA -
Gujarat, Maharashtra
Chhattisgarh, Madhya Pradesh
Chandigarh
Detailed operating manuals for dealerships Yes
Dealership training location In their respective location
Is field assistance available for Dealership ? Yes
Expert guidance from Head Office to franchisee in opening the dealership Yes
Current IT systems will be included in the dealership Yes
Do you have a standard dealership agreement? Yes
How long is the dealership term for? 3 Years
Is the term renewable? Yes
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