Practus assisted the EdTech company in reducing time for government contract tender preparation by 40% and ensuring regular tracking of actuals against the business plans.

Client NameIndustryOwnershipManagementNo. of EmployeesROI On Fee SizeProject Duration
$10 million

12 months

About The Company

Zentel founded in the year 2010, is a satellite education company. It is also involved in E-content development and competitive exam preparations. They partner up with the Ministry of Education to provide rural and low-income school programmes. One of the world’s largest funds provided funding for the company.​

Practus’ Role

  • Prepared and presented fund utilization statements every month to the overseas investors.​
  • Created a detailed 5-year business plan incorporating what-if scenarios.​
  • Development of automated cost-sheet for pricing new government contracts.​
  • Assisted in transfer pricing framework for associate company transactions.​
  • Scheduled investor and Board meetings and rolled out the up-to-date MIS with our commentary well in advance.​

Impact Delivered

  • Fund utilization statement assisted the investors to monitor the cash flow situation .​
  • 40% reduction in time for government contract tender preparation.​
  • Overall time in procure-to-pay function reduced by 40% with a standardized process in place.​
  • Ensure regular tracking of actuals against the business plans.​