The current Indian education industry holds an approximately 1, 55,000 preschools in India, consisting of both local and franchise-based preschools.
Sperowz is India’s one such pre-school chain that has been successful in creating their transparent operating nature in the current education industry. After its establishment in 2014, the brand has been providing fruitful results in terms of both operation and generating a strong customer base.
Satapathy and Kharbanda, the two masterminds behind Sperowz initiated with its offerings with a belief to make education accessible to each and every Indian child. Sperowz quality pre-school education along with its affordable range has created a buzz in the education industry, driving its way into the Top Franchise 100 Brands List.
Offering a Unique Flavor in Education
While the modern-day educators are heavily relying on digitalization and technology in order to enhance their educational offerings, Sperowz is providing a unique element through its teaching flavor- implementing the oldest method of teaching for imparting education in children.
The brand is relying on the old school method- slate and chalk to make the children understand and learn the basics. The brand and its founders believe that this teaching methodology will add on to develop a child’s gripping power and cognitive skills.
Nihar Satapathy, Director, Sperowz Preschool shares, “Today, preschools are using electronic gadgets for early childhood education which is actually harmful.”
Current Scenario of Preschools in India
The current Indian education industry holds an approximately 1, 55,000 preschools in India, consisting of both local and franchise-based preschools. This figure is expected to show a constant rise, reaching 3 billion by 2021.
Therefore, Sperowz is trying to be different and unique in this competitive industry, fairing well for retaining the ever-changing momentum in the industry. It has become a necessity to stand out different along with innovating with the offerings, where Sperowz has been quite successful so far.
“Sperowz is present in Delhi and NCR with 12 centers across the region. However, we are planning to expand pan-India in the near future,” says Satapathy.
Sperowz, one of the emerging preschool chains in India started with its franchising in 2016. The brand doesn’t charge any royalty fees on monthly revenue generated by the franchisee that makes it a great option for investment. This makes thing easy for franchisees to handle the centers, operating them in a more fruitful manner.
Satapathy explains, “Most of the franchisees in the sector do not review their contract and find it easy to develop their own brand rather paying an exorbitant percentage of royalty that varies to 15-25 percent. But in our case, a franchisee is benefited within the span of a year and the growth ratio is approximately 25-30 percent.”
The Franchising World, India’s no.1 franchising magazine, identifies the TOP 100 franchise brands and celebrates their achievements every year in its anniversary issue. The issue highlights the established Indian and big global brands that are increasing their positioning in India along with the new-age brands that are lucrative and profitable; expanding fast, and can act as a reference guide for budding entrepreneurs and investors across India.
Franchise Top 100 is the one-stop destination to know everything about the franchise industry, which establishes authority and strength to evaluate the growth of the franchise industry.