mbasaka – A Web 2.0 Initiative in the Indian Higher Education Sector

Bharel, Sunny Gaurav (2009) mbasaka – A Web 2.0 Initiative in the Indian Higher Education Sector. [Dissertation (University of Nottingham only)] (Unpublished)

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mbasaka is a unique Web 2.0 initiative that aims to tackle the problem of quality higher education in India (especially for the MBA) by aiding learning amongst students through its array of subscription and ad-revenue based online streaming lecture videos by professional lecturers and professors.

The growing need for quality education in India, the lack of government infrastructure and the easy reach of the internet have created the perfect environment for mbasaka to be born.

mbasaka will require a total investment of Rs. 8816000. Rs 2500000 will be made available by the Owner and Director at mbasaka leaving a sum of Rs 6316000 for investment for a period of 4 years by the Venture Capitalist. Financial forecast predicts a break-even in Year 3. mbasaka is prepared to give away 25% stake of its business for this investment. Two exit options are provided to the Investor at the end of this period. However, the company does not aim to go public in the near future.

The organization is headquartered in Himachal Pradesh, which guarantees tax free holiday for 5 years. This results in substantial savings for the firm.

The cost of Operation will be Rs. 2204000 on an average across the 4 years and at the end of it the net profit obtained will be Rs 9204000.

The firm’s key criteria are to bond with the customer, to synonymise itself with quality in the field of education and to bridge the gap between the consumer and the supplier.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 19 Mar 2010 15:36
Last Modified: 21 Mar 2022 16:05

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