Hi, I am planning to lauch a edtech startup based on ISA (income sharing agreement) model. But I need some help in tracking student finances after completing our course. Basically, I should be able to know if student start earing from a corporate job after the course. I heard some fintechs provide this option and give it as loan to student to pay off course fee. But which finance companies are providing this and how do I approach them?
Try JODO.
Tbh, many companies used "ISA" as disguise to make students take loans. According to ISA model, a student needs to pay a % of salary upon getting a job but how these companies operate is nothing less than a scam.
They initially say students can pay % of salary upon getting job but at the start itself they make students take loan through their partners which will be directly paid to the company and then after getting a job student pays back to the loan company.
If they are making students take loans in the beginning itself without any employment offer then its not ISA, it's a scam.
With isa it is tough to survive as a business. Unless you want to run a small and simple company.
Scaler and Masai School also started at ISA
I want to learn Startup Finance for my startup. Things like invoicing, GST, Claiming GST, TDS, TCS, Taxation, ITR, Fundraising, Schemes related to Startups, etc Any resources or suggestions are appreciated. Thanks 🙏
Fast learning and fast paced growth aside, after 15 years of MNC experience I joined a startup to get some ESOPs.. and hopefully a good buyback ..
I have worked in 2 startups now.Both of these were already Unicorns when I joined .
W...
Let's say you want to start a start up like a scalar academy.
How would you go about it? Will you do marketing first to bring in customers or register as a company? Start hiring people or spend on ads?
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Considering low job in tech ecosystem