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Education 2014-04-14

Making smart profits

Edvour’s mission is to reach out to all the pillars of education system viz. students, schools and parents and make them more efficient and effective towards the common purpose with the help of its ideas, products and expertise. In an Interaction with Ekta Sharma Verma, Varun Jindal, Director, Edvour spoke at length about developing his brand’s presence across the country.

Brief us on the origin and concept of your brand

Delhi-based professional education services and global consultancy Edvour is coined by joining Education and Endeavour. This is a novel concept of introducing 'out of books' education for school children through travel, events, projects and student exchange. Edvour's founders have been working on activities based on this idea since 2004, but formally incorporated Edvour Edu Consultants Pvt. Ltd. four years ago.

Share your brand’s USP

Edvour brand is proud to be known as 'The Dependables' in school fraternity for providing exceptionally innovative educational programs with fantastic service.

What all parameters do you follow before opening your center at a particular location?

We always make ourselves sure of the marketing and public relation skills of a potential associate.

Why do you think your industry carries a bright potential for investors?

Education is an industry which provides low entry barrier and high return opportunities. We have created a niche product segment within this high return industry that is complemented by experienced professionals of Edvour.  High returns also brings a downside of entry of substandard offerings for easy money, so it’s important for investors to partner with trusted and experienced hands to earn a good name and enjoy returns over longer period.

Kindly share the brand’s further expansion plans in India and other countries?

Edvour has a major presence in Northern and Western parts of India and plans to spread its innovative products in other areas.

How many centers do you plans to open in 2014 and where?

We have marked around 15 territories pan-India for our potential centers.

Franchise facts:

Area

Investment 

Breakeven

RoI

Current centers

150-200 sq. Ft.

Rs 1-2 lakh

 < 1 year

> 200 %

 3 centers in Chandigarh, NCR and Pune

Comment
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