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  • Investment Range
    INR 10 Lac - 20 Lac
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Business Details

About Us:

Mindlogicx is a global knowledge engineering company , and a pioneer in the exam automation space. The company has serviced over 6 million users in India, handling very high-stake examinations.

 

Partner Program Goals

  • Mindlogicx is looking at expanding its operations inorganically through a select  partner network who will operate across all regions.
  • The Partner Network will further Mindlogicx leadership position in assessment automation. 

 

Desired Partner Profile

  • You believe in technology not just as an enabler, but as something that has the potential to completely transform an industry.
  • You want to associate with an Indian Product firm going global.
  • You want the opportunity to network with like-minded entrepreneurs around the world, for business opportunities going beyond what your Partner brand offers
  • You have a solution selling orientation
  • You are already selling into segments (education/corporate/government institutions etc) that require assessments
  • You are seeking to explore a business opportunity where the delivery of the service is not your responsibility

 

Market Opportunity:  

  • Large market size: USD 100 B in education assessments alone, growing at a CAGR of 13%
  • High Competitive Advantage: Only global player with patented device based ecosystem in this space
  • High Market Need: Technology resolves all issues in current assessment solutions including
  • Distributed delivery environments
  • Last mile delivery challenges like internet availability
  • Exam scams-Question paper leakage Mismanagement of answer scripts, Fair evaluations
  • Efficient assessment management on fingertips
  • Delay in results
  • Lack of real-time visibility of assessment and evaluation progress etc.

Technology:

  • Patented technology suite -IntelliEXAMS®. Last mile delivery enabled through a set of specially designed intelligent devices - IntelliDEVICES.
  • Based on a new age technology delivery model-  Symphony of Things (SoT)
  • Rich premium and personalised end user experience- Integrated with  OTT feed, centralized Tech support & Mobile apps
  • IntelliTUTE App - enabling assignments/mock test delivery and digital evaluations on-the-go,  without using a separate scanning device

 

Why Partner?    

  • Access to new innovations and solutions from Mindlabs- our product engineering hub
  • No restriction of zone or region to sell- your company goes global with us
  • No segment restriction- allowing Partners to maximize reach
  • Low Operating Expense – Partner Operating cost is only related to sales and marketing
  • No Real estate investment
  • Zero Inventory carried by Partner
  • No ongoing royalty
  • Host of benefits for Partners across tiers
  • Partner-first model- Partners invoice 100% to Clients and place order with us after retaining their share.

 

Key Roles:

  • Partner owns Sales and Customer Relationship Management
  • Mindlogicx takes care of all the project management needs to ensure complete control and deliver premium quality and experience

 

Partnership Fee: Only 30% of the Partnership fee is non-refundable and charged towards One-Time Platform access.

 

Partner Earning: Best-in-Industry Partner commission+ Incentives + Assured Network bonuses

  • Basic Partner Commission-applies to all solutions (Silver Partner- 18%, Gold Partner- 20%, Platinum Partner- 22.5%)
  • Additional Incentives over and above Basic Partner commissions ranging from 2.5% to 10%
  • Assured Network Bonus paid out in two tranches in Year 2 and Year 3 (Total Bonus amounts- Silver Partner- 10.5L, Gold Partner- 17.5L, Platinum Partner-52.5L)

Investment Details

Commenced Operations

Operations Commenced On 2002

Franchising / Distribution Commenced On 2018

Franchise Details
Units

Investment INR 10lac - 20lac

Franchise/Brand Fee INR 1500000

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

- NA -

Franchise Details

Likely pay back period of capital for a unit franchise 6-7 Months

Other investment requirements no

Property Details

Type of property required for this franchise opportunity Commercial

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Bangalore

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? 5-No of years Years

Is the term renewable? Yes

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