Savyasasy Software Solutions Private Limited (formerly known as Voice Snap Products Private Limited) (SSPL) is in the business of providing innovative software solutions for the EdTech domain. The company has more than a decade and half of experience in developing and marketing an innovative ERP and Communication solution for Schools called School Chimes.

School Chimes is completely cloud based and micro services architecture based platform that provides a comprehensive Digital Platform for managing Schools. The modular architecture covers all aspects of operations in a school ranging from Pre-Admission to the issue of Transfer Certificates to students and beyond. The modules cover the Student Life Cycle Management, Teachers and Staff Life Cycle Management and management of Administration, Fee Collection, Transport, Library, Vendor, Lesson Plan, Timetable, Inventory etc.

The solution has incorporated advanced AI capabilities and has a Reporting Module with over 150 plus reports. Another unique feature is the integrated communications capability to connect with Parents and comes with feature rich Apps for both teachers and parents.

Best in Class Product Features:

1. Parent App, Teacher App on Android/iOS
2. End-to-end Student management including new admissions
3. Exam management
4. Transport management
5. Comprehensive Fee management
6. Customisable certificate management
7. Payroll Management
8. Hostel Management
9. Inventory Management

Advanced Features:

1. Instant telephone calls through PSTN lines (biggest reason schools like us)
2. AI based question paper generation
3. AI bases automatic time table generating engine.
4. AI driven LMS
5. Advanced Analytics (Custom based)
6. Integrated Geometric based staff attendance
7. PTM/PTC scheduling through app

The Market acceptability of our product is well established with around 1,200 schools across India using our platform. Our customer base has grown steadily, and we have more than 90% persistency in terms of renewals. We have our own field sales force in key market segments where we have created a presence. From a pricing perspective, we have adopted a very aggressive pricing strategy that makes us one of the most competitively priced solutions in this market. This is backed with a robust customer service capability and a strong technical R&D team that constantly add features. Currently, we have a strong presence in Tamil Nadu, Karnataka, Jharkhand, Uttar Pradesh and started building our presence in Kerala, Telangana, Andhra Pradesh.

The Market Potential

Market size being very large at around 4.25 Lakhs Private Schools across India, the focus segments that we are planning to expand ( B & C towns across India) will still have enough space for us to get to the targeted numbers .

Our targeted addressable market space of category A Privately funded schools in Tier B and Tier C towns is substantial. Our strategy is based on ground level performance and achievements of customer base. No other peer group competitor is at the levels we have reached despite better funding.

Our objective of achieving a market share of 10% (approximately 10000+ schools) of our addressable target market (1.5 Lakh Private Schools in Tier B and C cities and towns) is very much achievable in a period of 5 to 6 years despite any level of competition from the well-funded players.

This is based on the fact that we have a highly differentiated product, lower operational costs, better brand presence in the targeted market segment and an aggressive price advantage that we can defend against any competition move.