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Veative Labs Pvt.Ltd.

  • Area Req
    -N/A-
  • Investment Range
    INR 20 Lac - 2 Cr
  • Franchise Outlets
    Less than 10
Business Details
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. Veative’s 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 Details

Commenced Operations

Operations Commenced On 2019

Franchising / Distribution Commenced On 2018

Franchise Details
Units

Investment INR 20lac - 30lac

Franchise/Brand Fee INR 000000

Royalty/Commission 30 %

Master / Multi Units

Region Wise

Investment INR 1 Cr. - 2 Cr

Unit Fee INR 00000

Master Fee INR 00000

Commission 30 %

State Wise

Investment INR 50lac - 1 Cr.

Unit/Brand Fee INR 00000

Master/Brand Fee INR 00000

Royalty/Commission 30 %

City Wise

Investment INR 20lac - 30lac

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

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 50 %

Likely pay back period of capital for a unit franchise 1-3 Years

Other investment 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 the term renewable? Yes

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