Business

Edufly Academy aims to create 1 lakh entrepreneurs in 3 years

ANI | May 18, 2019 02:43 PM
Edufly Academy and Business Education E-commerce Platform

Chennai (Tamil Nadu) [India] May 18 (ANI/NewsVoir): Aloha India - The Indian Franchisee of Malaysian Aloha, has launched its subsidiary Edufly Academy and Business Education E-commerce Platform (BEEP) in association with Edufly College, Malaysia in the city. The Chief Guest for the launch was Yap Keong Foon, Director, Edufly College and Guest of Honour was I.S.A.K. Nazar, Founder Director and CEO, Manna Foods.

Aloha India is known for its educational initiatives for the past two decades across India and has introduced this unique concept with the sole aim to create 1 lakh entrepreneurs in India after realizing the dismal employability skills of the students who and the fact that 56 per cent of the World's young population are Indians.

"Edufly Academy is an e-commerce training academy that would train these budding entrepreneurs in the e-commerce business making them self reliant and ready to start a business with just the basic requirements," said Aloha Kumaran, MD, Edufly Academy.

"BEEP, as the name suggests, is the platform that these trained certificate holders will use to make their e-commerce transactions. Currently, BEEP has over 1 million imported products with offerings such as bags, pens, apparels, shoes, furniture, television sets, mobiles, accessories, pen drives and a million more. All these products are manufactured in China, Korea, Taiwan and Malaysia. The products are currently stored in 7 warehouses across the world including Mumbai," he added.

The Academy stipulates every Indian has to be 18 years and above and with a nominal investment spent towards e-commerce training of ten hours over a week or over a weekend at the academy. A Course certificate will be issued at the time of completion.

BEEP will, in turn, offer these "course completion students" to sell online through say an Amazon where they can list these products as a seller. Each Individual will be provided with a unique seller ID known to him or her only.

How does this Unique Entrepreneur model work:

1. Every student who undertakes this course of ten hours over a weekend (5 hours a day) or 2 hours every day of the week will be issued a certificate from Edufly India.

2. The requirements that are mandatory are

a. System (laptop or desktop)

b. WIFI

c. Permanent Account Number (PAN)

d. Goods and Service Tax number (GST)

e. Bank Account

3. Once these certificate holders are ready, all they need to is login the portal that is exclusive for them and selects any product(s) they think will be able to sell with their seller ID, for example, Amazon.in for them, they can post and wait for a sale to happen.

4. Their responsibility ends with the listing in the e-commerce platform.

Post-Sale

5. Once a sale takes place, intimation is received to the seller and once the seller of that product intimates Edufly team, the shipment will be dispatched from one of the 7 warehouses across the world to either Amazon (or e-commerce platform seller) or can be dispatched and delivered directly to the buyer.

6. A commission of 30 per cent of the profit is given to the Edufly seller as a part of his profit directly into his bank account.

The company has plans to replicate this model not only in India but, other countries too in the coming years.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

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