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Lock&Stock

https://magnitt.com/startups/undefined/LockStock

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Company Information

Lock&Stock is an education marketplace that aims to connect prospective students with universities through guaranteed scholarships. We are a double-sided marketplace, and appeal to universities by reducing their cost per student enrolment through performance based student acquisition, and students by reducing their tuition expenses through guaranteed scholarships. Our model is entirely digital, and in 2020 our platform has processed 3% of all private UAE enrolments without meeting a single student, accounting for USD 450,000 in revenue and processing almost USD 1 million in scholarships for students. We have just launched in our first expansionary market, Pakistan, and are preparing for further launches in 2021 as our model is perfectly replicable. We are cash positive, self sustainable, and looking to scale our company into the largest education marketplace in the world.

Date Founded 10/2017

Primary Industry N/A

Founders 3

Team Members 10 - 50

Business type N/A

Development Stage Growth

Revenue generating No

Linked Institutions N/A

Demographics

Headquarter:Dubai, United Arab Emirates (UAE)

Branches: N/A

Industries: N/A

Geographical focus: Saudi Arabia (KSA), India, Qatar, Egypt, United Arab Emirates (UAE)

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