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EduGorilla helps knowledge entrepreneurs to transform into successful Businesses by assisting them in content creation and distribution. Its Generative AI solution. Chimp AI, allows businesses to create videos, articles and questions by just entering by just entering the topic name and target audience, decreasing their cost by 10x and time by 17x. The company is endorsed by Govt Of India as a potential unicorn candidate by 2029. Gibbon further empowers them with a Super Charged portal & mobile app to maximize their reach, revenue, and efficiency. Problem we are trying to solve: Creators lack resources to capitalise on their skill sets. With more number of creators going online, the need of a platform that understands their unique need has been continuously increasing. 1. Online existence (Branding) 2. Business (Additional Source of income) We have 30 million+ Creators in the world but still 773 million people are illiterate and 216 million are unemployed. That gap has arisen because of digital disconnect. As per UNICEF, if that gap is bridged, GDP of a developing nation will increase by 20%. Market Size Creator economy is of $250B (TAM) in which 10% of the revenue comes from content sales (SAM=$25B). The company is looking forward to capture 5% of the market by 2029 (SOM= $1.25B). Investment Highlights With five patents, Company generates 63% of the revenue from existing clients – passive revenue. It has retention rate of 88% over a span of 4 years even though 55% of its creators have come from other companies. The company operates at only 7?Cfrom LTV with a NPS score of 82%. It is profitable in first transaction and has sold 20Mn+ subscriptions so far. The company has a content coverage of 75%+ courses.

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Entity Type
Private Limited Company
Sectors
Online Learning Platforms
Startup Stage
Scaling

Startup Teams

  • 1 Pushpa Manglik (Founder)
  • 2 Rohit Manglik (Founder)
  • 3 Ashish Padiyar (Director)
  • 4 Other investors (Partner)

Incubation Details

  • Incubator Name
    Krishna Path Incubation Society-TBI
  • Incubator Host Institution
    KIET group of Institutions
  • Incubator Address
    13 KM Stone, Ghaziabad-Meerut Road, Muradnagar, Ghaziabad
  • State
    Uttar Pradesh
  • City
    Ghaziabad

Approved Incentive

  • 1 Seed Capital / Marketing Assistance (1st Tranche )
    ₹ 450,000.00

Year of Establishment2016

Location

State
Uttar Pradesh
Disctrict
Farrukhabad
Address
5/142, Awas Vikas Colony
Pincode
209625