Tag: Education Business

  • 60+ Land Business Ideas to Start on Empty or Vacant Land and Boost Income

    Land is an asset and one of the most profitable assets indeed. Though we are surrounded by water on all sides, the land is what we need to survive. With the spread of civilization, land has become a scarce entity that needs to be conserved and used with utmost judiciousness and an eye to the future. Wondering how you can make money with empty land in India? Don’t worry; we’ve listed 61 business ideas for vacant land to make money from!

    There is a wide range of land businesses that you might look up to use your vacant land to its full potential, but first, you need to consider some elemental factors like – The size of the land, Location of the land, Zoning laws of the area, Source of water, Safety hazards and precautions, Quality of soil and its composition, Vegetation and more. You can start a land related business to generate steady income from your unused property. Explore business ideas for empty land, such as starting a community garden, setting up a small event venue, or creating a solar farm.

    Below are business ideas you can use to make money from your vacant land on a temporary or permanent basis, depending on the type of business you choose. So, let’s dive into empty land business ideas without any further delay:

    # Idea Description Investment Level Revenue Potential
    1 Farming Grow crops or rear animals for sale Medium to High Medium to High
    2 Outdoor Advertising Rent space for billboards Low Medium
    3 Storage Space/Warehouse Build or lease storage units High High
    4 Plant Nursery Sell plants, flowers, and gardening tools Medium Medium
    5 Firewood Business Cut, store, and sell firewood Low Medium
    6 Build a Spec House Construct a house to sell for profit High High
    7 Amusement Park Set up rides and games for families Very High Very High
    8 Events Centre Host weddings, parties, and meetings High High
    9 Training Grounds Offer military, fitness, or police training spaces Medium Medium
    10 Children’s Educational Centre Learning center with nature-focused education Medium Medium
    11 Athletic Fields Sports fields for rent or public use Medium to High Medium
    12 Golf Course Private or public golf course Very High High
    13 Railroad Storage/Access Lease land to rail companies Low Medium
    14 Restaurant Garden Farm-to-table dining experience Medium Medium
    15 Cell Phone Towers Rent land for telecom towers Low High
    16 RV Storage Store recreational vehicles Medium Medium
    17 Campground Tents, cabins, or RV camping Medium Medium to High
    18 Solar Energy Lease to solar companies or install panels Medium to High Medium to High
    19 Dairy Farm Milk production and dairy processing High High
    20 Horse Stable Rent stables or offer horse training High Medium
    21 Wool processing Process and sell raw wool Medium Medium
    22 Summer Camps Educational or adventure camps Medium to High Medium
    23 Petting Zoo Farm animals for kids to interact with Medium Medium
    24 Ice Rink Seasonal or year-round rink High Medium
    25 Vineyard Grow grapes and make/sell wine High High
    26 Junk Yard Scrap and sell car parts or metal Medium Medium
    27 Outdoor Shooting Range Licensed shooting facility Medium Medium
    28 Biking/Zipline Adventure tourism with biking trails or ziplines Medium Medium
    29 Beekeeping Sell honey and beeswax Low Medium
    30 Antiques Market Set up antique shops or flea markets Low Medium
    31 Farmers Market Rent stalls to local farmers Low Medium
    32 Yoga Studio Outdoor yoga and wellness sessions Low Low to Medium
    33 Parking Lot Convert to paid parking Medium Medium
    34 Racing Events Host car or bike races High High
    35 Agritourism Tours, stays, and activities on a farm Medium to High Medium to High
    36 Electrical Substations Lease to utility companies Medium Medium
    37 Film Locations Rent for movies/TV/ad shoots Low High
    38 Photoshoots/Photography Site Rent land for photography Low Medium
    39 Bird Watching Eco-tourism setup for nature lovers Low Low
    40 School Field Trips Educational tours and demos Low Low to Medium
    41 As a Collateral Asset Use land as security for loans None Indirect
    42 Resort/Villas/Tents/Tree Houses Build eco-luxury stays High High
    43 Herb Garden Grow herbs for sale or processing Low Medium
    44 Drive-in Theatre Outdoor movie screening space Medium Medium
    45 Tiny House Estate Rent tiny homes on land Medium Medium
    46 Rent/Lease it Out! Passive income through leasing None Low to Medium
    47 Pet Park Safe open space for pets Low Low
    48 Harvest Timber Sell wood from forested land Low to Medium Medium
    49 Wind Energy Set up turbines or lease to companies High High
    50 Pave a Biking/Walking Trail Build and rent access for trails Low to Medium Low
    51 Spiritual Sanctuary Meditation/yoga retreat Low to Medium Medium
    52 Outdoor Art Installation Open gallery or sculpture space Medium Low
    53 Pop-Up Facility Short-term event hosting Low Medium
    54 Sports Fields Rent for cricket, football, etc. Medium Medium
    55 Paintball Facility Outdoor adventure game zone Medium Medium
    56 Community Garden Plots Lease plots to individuals/families Low Low
    57 Hunting Property Seasonal game hunting (licensed) Medium Medium
    58 Concert Venue Live music events and festivals High High
    59 Landscape Supply Business Sell mulch, stones, sand, etc. Medium Medium
    60 Nature Preserve Keep land as a protected ecosystem Low Low
    61 Off-Grid Cabins Self-sufficient cabins for eco-tourism or retreats Medium Medium to High

    Farming

    Farming - vacant land business ideas
    Farming – Empty land business ideas

    Agriculture is one of the fastest-growing and demanding sectors in today’s world. Agricultural business means producing and marketing agricultural commodities such as livestock and crops. Your motivation for starting a farming business is the thing that will directly impact your strategy. You can plant food crops that you can sell locally or export. Agriculture-related businesses, when carried out with appropriate planning, passion, and dedication, can reward you with a very good income.

    Outdoor Advertising

    Business ideas for vacant land to make money
    Outdoor advertising – vacant land business ideas

    If your land is beside the highway or in any other strategic location, you can put up billboards on the land and charge the advertisers for displaying their adverts on your billboards. This type of business can be one of the best highway business ideas that can earn you a consistent passive income over a long period. As a business on highway land, it can generate profit for your business.

    Storage Space/Warehouse

    Starting a warehousing and plotting business is not possible without hard work. There are two sides to this business – the first is constructing/providing the space for the warehouse, and the second is offering warehousing services.

    Some points you have to consider before starting this business:

    • Location of the warehouse.
    • Land should be flat enough so that no landfilling is required.
    • Should have an excellent approach road to the land/plot.
    • The plot/land should have a good width on the road for better movement of vehicles.
    • The layout of the warehouse depends on the shape of the land ideally, it should be square or rectangular.
    • The plot business should ensure that the land/plot offers the necessary facilities for income from vacant land water and electricity.

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    Plant Nursery

    Business ideas for vacant land to make money
    Plant Nursery – empty land business idea

    The world today has a great sense of fashion in everyday work. Gardeners are now showing more interest in finding new varieties of plants. The nursery business is very profitable and demanding, and you can easily run your own plant nursery business without any hassles. The primary step is the availability of land. This land must have the basic qualities of land for farming. A successful nursery offers a wide variety of young plants to customers who purchase the plants individually or in bulk quantities.

    Firewood Business

    Firewood Business - Vacant Land Business Ideas
    Firewood Business – Vacant Land Business Ideas

    If your land is stocked with trees, you can use it as a source for timber or firewood to sell. However, processing of firewood is necessary, and these woods shall also be moved from one location to another, so there needs to be a facility to do that.

    Build a Spec House

    Housing - vacant land business ideas
    Housing – vacant land business ideas

    The demand for housing is strong, and real estate markets are booming. Building a single-family house, a multi-family dwelling could be the best use for vacant land. Investors typically make their money on spec homes in one of two ways. They can finance a percentage of the construction cost (lend money to a builder) and earn interest or share in the profits once the home is sold.


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    Amusement Park

    Business ideas for vacant land to make money
    Amusement/micro parks – vacant land business idea 

    An amusement park business is perfect for fun-loving, passionate individuals who want to establish a profitable, self-rewarding business. The demand for amusement parks has grown strongly over the past few years. In the coming years, growth is expected to continue and have a positive influence on the outdoor entertainment and recreational industry. Before starting an amusement park, preparing a business report is a must. It helps in the development of the all-important physical planning guidance and reconfirms the physical parameters like the total land size needed, building space required, etc. This is a business to start on empty land in India.

    Events Centre

    The special events industry has seen quite a growth throughout the years, especially in the past decade. According to research, profits in this industry are always on the rise. The average profit margin can be as much as 40%.

    Special events occur for the following purposes:

    • Celebrations (fairs, parades, weddings, reunions, birthdays, anniversaries)
    • Education (conferences, meetings, graduations)
    • Promotions (product launches, political rallies, fashion shows)
    • Commemorations (memorials, civic events) and more.

    Training Grounds

    Your land could be perfect for organizations, such as fire departments and construction firms, to train their employees. Training is really important, especially for the defense industry and all the people working in the emergency services sector. Therefore, using your land for one such purpose would always be a win-win option for you!

    Children’s Educational Centre

    Education Centre - vacant land business ideas
    Education Centre – vacant land business ideas

    According to the Global industry, the private learning and tutoring market is experiencing rapid growth. Starting your educational learning centre allows you to get involved with a business trend that is headed in the right direction. Starting an educational learning centre also gives you the chance to make a difference in the lives of children every day.


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    Athletic Fields

    Another business idea is to set up an athletic field where people can pay to play and train for games like football, basketball, volleyball, and other field sports.

    Golf Course

    Business ideas for vacant land to make money
    Golf Course – vacant land business idea

    Golf is one of the leading sports around the world. It promotes health and fitness. Many golf courses today are created to cater to the needs of every golfer may it be for sports, hobbies, or simply just spending time with friends and family. The area where the golf course would be established is one of the most important factors one must consider when it comes to establishing a golf course business. You need to hire hardworking, courteous, and honest employees for your golf course business. However, if you are not prepared to devote a significant amount of time to the business, then you can certainly lease/sell your vacant land for the same.

    Railroad Storage/Access

    You can earn money by allowing access and storage of railroad cars to the railway system. Also, consider leasing to other transportation systems such as buses and trolleys but for this, you need to have a fairly large tract of land that is well-connected with roads, etc.

    Restaurant Garden

    Gardening business is a fast-growing business idea that can save money and beautify the landscape while also helping the environment. Gardens can be traditional outdoor plots, formed on a smaller scale, a greenhouse, or planned as a restaurant garden. A restaurant garden is a unique concept of establishing a restaurant that looks like a garden and oozes fresh air. Turning your land into one such establishment is fascinating, along with being profitable!


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    Cell Phone Towers

    Monthly rentals from mobile tower installation, along with potential empty land business ideas, may range between Rs 8000 per month and Rs 1 lakh per month. The amount may differ according to the height, size, and area of the property. The mobile tower agreement may vary from 12 months to a few years, but the owner may extend the lease to leverage a long-term benefit. The installed tower may positively impact property values.

    RV Storage

    vac
    RV Storage – Vacant Land Business Ideas

    The demand for Recreational vehicles or RVs is increasing with each passing day, along with other vehicles, including cars. However, the fact that RVs require almost double the space that cars require is a rather palpable truth and this is what will come in handy that you can leverage if you have vacant land for use. Yes, think about this, you will just have to store RVs and earn money with your vacant land!

    Campground

    Camping is one such hobby that is never going to grow old. Hobbies that encourage people to step out of their mundane lives, like camping, are something that we all look forward to engaging in from time to time, simply because they help us shake the dust of our sedentary lives. Having a campground can be one of the best business ideas for 1 acre of land. Here’s where your land business can proliferate!

    Solar Energy

    Solar Energy - vacant land business ideas
    Solar Energy – vacant land business ideas

    The world of non-renewable sources is threatened and is giving way to renewable sources of energy, which is guiding humanity now. Solar energy is surely one such source that is capable of turning into a formidable alternative to finite sources of energy. However, it requires adequate space for the installation of solar panels to furnish the amount of energy needed. Therefore, if you are wondering about starting a business on empty land, then you can most certainly use your tract of land for the development of solar energy. This will be profitable as well as turn you into a responsible citizen, at the same time, who champions sustainability by limiting the use of fossil fuels.


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    Dairy Farm

    Business ideas for vacant land to make money
    Dairy farm – vacant land business idea 

    Dairy products form an essential part of human beings’ diets. These products are reared from cattle, which need to be reared in vast tracts of land, where farms are set up. However, to establish farms, land is an essential requisite. Therefore, if you are currently possessing lands that are vacant and unused, then you can allow your land to be set up for a dairy farm, which will also help you improve your finances!

    Milk Production in India
    Milk Production in India

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    Horse Stable

    Horses belong to a limited group of animals that are reared for a variety of purposes. Along with carrying things and pulling carts, horses are also used for riding, which makes them form a central part of the sports and entertainment industry. Furthermore, this ensures that the horses always remain profitable for us, but when it comes to rearing, many of the horse owners back off due to a lack of stables. Here’s where you can pivot with your land business.

    Wool processing

    All of us have learned about wool and that it comes from the sheep. However, what we later know is that the wool processing industry, the core of which consists of animals and an abundant supply of land, is where the whole procedure takes place. So, if you are looking for creative uses of vacant land, which will also be profitable, then using it towards the development of the wool processing industry is something that you can opt for!

    Summer Camps

    Summer camps form an important part of the recreational activities of the students during their school and college. Summer camps are enthusiastic ventures that often drag professionals as well and do a lot more than supply them with plenty of fresh air. The land is the primary requisite for such camping activities. This is where you can pitch in the land you have to be blessed with huge prospects.

    Petting Zoo

    Business ideas for vacant land to make money, land for sale
    Petting Zoo – Vacant land business idea

    Zoos almost always delight the young and the old. Petting zoos are a new concept that consists of a combination of both domesticated as well as wild animals. Such zoos are coming into being and grabbing a lot of attention of late. You can also contribute to one such zoo in case you have a tract of land to be used. A petting zoo would develop into a rewarding investment without a doubt!


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    Ice Rink

    It is always great to skate, and ice skating is easily one of the most prominent activities that you will find if you manage to ransack the bucket list of both students and professionals. Space is often a criterion that needs to be satisfied to establish an ice skating rink. However, if you already have land to your name, it shall become easier to connect the dots!

    Vineyard

    Who hates scrumptious wine that seeps in all the goodness of nature with each sip that you take? A vineyard takes a lot of time and effort to be developed, and most importantly, you would need land and a bunch of skilled employees to work on the wine. However, in case you already have land, you can put it into use for something as delicious, lucrative, and at the same time, innovative an idea as the establishment of a vineyard on your land. Besides, you can also hope for some discounts when it comes to the end products and an enormous fortune ahead!


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    Junk Yard

    The sound of the junkyard, as well as the name of the same, must be repelling for almost everyone, but if you can get over it for a single moment and look beyond the prospects of a junkyard, then it will be rather convincing. The automobile business is expanding, and the used-car companies are growing at an equal pace, which also demands the development of junkyards that will store junked cars and other accessories. Therefore, if you are wondering about “how to use vacant land to make money in India?” then, leveraging your land to build a junkyard will be rewarding indeed.

    Outdoor Shooting Range

    Business ideas for vacant land to make money
    Outdoor Shooting Range – Vacant land business ideas

    Shooting is an activity that many love to indulge in. An activity that forms a vital part of the policemen, men in the army, navy, and ex-army personnel, shooting is something that draws the commoners as well, and has grown to be an entertaining exercise. Though the foundation of shooting ranges is not something that needs a great deal of time or effort, it certainly requires a vast tract of land. This is why, if you already have spare land to be used and are wondering about some creative uses of vacant land, then the construction of an outdoor shooting range is something that you can opt for!

    Biking/Zipline

    Biking helps us unwind, along with aiding us with the speed that we require to perform our daily activities at the pace they demand. However, all that happens only when one gets past the preliminary difficulties in riding a bicycle or a bike. Many such courses are now conducted and are undertaken by a considerable number of people. However, establishing one such biking/zipline course needs a convincing amount of land. Therefore, if you presently have land and are looking to invest it for a land business, then leasing it for biking courses will work great and would be profitable indeed!

    Beekeeping

    Beekeeping - vacant land business ideas
    Beekeeping – vacant land business ideas

    Bees have a sting to remember, but it is often the honey that is most talked about and consumed all around the world. Construction of apiaries requires space, time, skilful staff, and more. Beekeeping is, in fact, a tough and hectic business, but if you have land and you cannot figure out a perfect business to start on empty land, then leasing it for beekeeping will not be a bad decision, far from it.

    Antiques Market

    Things from the past always delight us. Antique shops and their contents contain a wide range of usable items from the distant days, which are valuable, along with being expensive. Besides, most importantly, they are highly profitable for the shops. So, you can look up to an antique business as one of the best businesses to start on empty land.


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    Farmers Market

    Farmers’ market, by its very name, points out the market where the farmers are pivotal. The farmers’ markets are organic markets that encourage the sales of fresh produce from the farms to the end-users. This kind of marketing is highly encouraged now, where the users get the products that they deserve, and on the other hand, the farmers get their dues.

    Yoga Studio

    Yoga studio - vacant land business ideas
    Yoga studio – vacant land business ideas

    Yoga is one of the oldest practices, which originated in India and focuses on keeping the human body and mind fit and active. This ancient Indian practice was never lost and is seeing quite a revival in the present era that we are living in. Yoga works best where the mind is free and in unbridled contact with nature. This is why open grounds are preferred over a building floor or an artificial ground. Here’s where you can strike a deal with your open land. Leasing your land for a Yoga studio is something that you can seriously look into, in case you are looking for some inspiring land business ideas. This can be a profitable and one of the best ideas for small empty plots.

    Parking Lot

    The manufacturing of cars has increased over the years, and more and more of us are now opting for our cars instead of paying for car rentals. However, with the increase in cars, there is a constant demand for parking. Parking lots are comparatively fewer in number, and you can help in adding one more of them for the convenience of the society you live in. Leasing your land or turning it into a parking lot by yourself will help you earn all the proceeds that come from it!


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    Racing Events

    Racing is one of the major sports activities. Whether it is a flat race by humans or races of bikes, cars, and any other animals like horses, dogs, etc., it needs a ground large enough to ensure smooth racing conditions and a wide space for the audience. Racing events are diverse and undoubtedly profitable. So, if you possess a piece of land, then using it for races is one of the most creative uses of vacant land that can help you earn money!

    Agritourism

    Agritourism is a portmanteau word made up of “agriculture” and “tourism.” Agritourism involves numerous activities usually carried out on a farm or a ranch that allow individuals and families to view and enjoy a wide range of rural activities. Agritourism is becoming a hugely popular activity among the masses of present-day societies. Turning your vacant land into a fine spot for agritourism is a prosperous plan indeed!

    Electrical Substations

    Electrical substations are essential in providing us with an adequate supply of electricity. Construction of electric substations requires a considerable amount of space, along with all the heavy equipment and machinery that is integral to a substation. Thus, if you own a large tract of empty land, then you can perhaps contribute to building an electrical substation.


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    Film Locations

    Shooting for movies, short films, and television series needs photogenic locations. Exotic natural locations are tough to find and even pose a lot of restrictions; movie studios or sets, on the other hand, happen to be versatile and can be created to suit a wide range of moods, sets, and settings. These movie sets can be indoor and outdoor, while the latter provides much more room for customization. So, if you are ruminating on the creative uses of vacant land to make money out of it, then turning it into a film location would be a wonderful idea that would be lucrative, too!


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    Photoshoots/Photography Site

    Photos are always special to us. Besides, with the pace at which social media sites are moving, photos are getting the exposure that they never used to get before. We can always click photos anytime and anywhere, but clicking pictures in natural outdoor locations brings the best out of the photos. Creating photography sites needs land that can support a mix of natural and artificial structures, and here’s where the land you possess can be a great benefit.

    Bird Watching

    Business ideas for vacant land to make money
    Bird Watching – Vacant land business ideas

    If you have land to your name, then look out whether it is suitable for the birds because the birds deserve attention, and they get it when watched from a bird sanctuary. Bird watching is one of the best hobbies that people nurture and your spare land might also have the potential of being turned into a bird sanctuary that will yield quite a profit.

    School Field Trips

    School trips or excursions are what we like the most. School excursions are varied in nature and are modeled on the particular subject or the lesson that is meant to be taught through the trip. Such school field trips can be a memorable experience, truly, and the first thing they demand is enough space. So, why not put the land you have to some use and build it into a hub for a school field trip?

    As a Collateral Asset

    Money is something that all of us require every time, and in this age where everything is uncertain and we run the risk of getting our income reduced all the time, the value of land is ever-increasing. Therefore, if you are the owner of a piece of land, then it is always commendable to keep it safe with you so that you can also use it as a collateral asset in case the situation turns bad any day!

    Resort/Villas/Tents/Tree Houses

    Who doesn’t love to pay an occasional visit to resorts/villas or indulge in a weekend getaway that would involve tree houses and tent stays? Constructing a resort or villa with the land you have in your possession can stand as a game-changing idea if you are looking to opt for a land business that would be hugely beneficial.


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    Herb Garden

    Herbs make our food complete. There are numerous species of herbs that send us drooling. So, how about turning your vacant piece of land into an alluring herb garden, which will not only be a treat to the eyes of the tourists who visit there but also help in yielding fresh produce year after year?

    Drive-in Theatre

    Business ideas for vacant land to make money
    Drive-in Theatre – Open Land Business Ideas

    There are theatres that people can visit while they are in cars, and they can happily park them or watch their favorite movies or the best parts of their vehicles, too. Yes, it is a form of outdoor theatre that is rare now. However, a drive-in theatre has the potential to become a favorite. You can also contribute to that if you agree to lease out your land for open land business ideas to construct one of such theatres, or you can create one yourself and bring in a handsome profit.

    Tiny House Estate

    Most of us today advocate extravaganza or dream about living in extravagance. However, what we lack is a simple life. This is the reason why the tiny-house movement or small-house movement came into being, which advocates the downsizing of apartments and other living spaces, thereby promoting “living with less”. Yes, you can perhaps look at the brighter side of “living with less” by helping yourself construct a tiny house estate! Additionally, consider exploring business ideas on land to maximize its potential.

    Rent/Lease it Out!

    If you have a piece of land to your name, you can simply opt to rent it out to a bright prospect. Besides, if you cannot figure out what to do with the land you have, then it is quite lucrative if you simply rent it out because that will help you keep the land to yourself while accruing money on your behalf. You can give it some time and then decide on something permanent with the land.


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    Pet Park

    We have parks for us, but what about our pets? Yes, our four-legged friends also enjoy outdoor activities almost as much as we do, if not more. This idea has been strongly supported, which is the reason why pet parks are rapidly coming into prominence. If you are not convinced of any land related business ideas that you have come across, then how about leasing or selling out your land to construct a pet park? Sounds great and one of the most creative uses of vacant land, right?

    Harvest Timber

    Business ideas for vacant land to make money
    Harvest Timber – Vacant Land business ideas

    Wood is essential for the survival of humanity, and so are the trees. Therefore, cutting down forests on a large scale would never be good for anybody. We need an alternative solution to the same. Harvesting trees for timber can certainly be one of the most promising alternatives to the conspicuous problem. This is what you can do with your land if you are wondering how to use vacant land to make money in India. Explore small business ideas for vacant land to maximize its potential. Starting a land-related business can be highly profitable with the right strategy.

    Wind Energy

    Onshore Wind Energy Installed Capacity in India
    Onshore Wind Energy Installed Capacity in India

    There are several profitable business ideas for land owners that can generate steady income and long-term value. Generating an alternative source of energy is commendable, but space is one of the fundamental requisites to be able to do so. For instance, if you have decided on the generation of wind energy, then firstly, you ought to have land that you can put to use, and then you should be equipped with all the machinery needed for the same. However, you can wilfully avoid the next part if you are ready with a piece of vacant land that can be sold or leased.

    Pave a Biking/Walking Trail

    Trail walking or biking are some of the most popular hobbies of the generation of now, which lead to a life that is almost sedentary. These activities are not only interesting but thrilling, to say the least. So, if you possess a piece of vacant land, then paving it for a biking or walking trail is one of the most desirable businesses to start on empty land. This can be a perfect business idea with land, helping you earn with a small investment.


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    Spiritual Sanctuary

    Religions consist of a world of their own, which is very much palpable to all of us. However, retreating to a sanctuary that is overloaded with peace and divinity is the desire of many at the close of the day. This is why you can help turn your land into a spiritual sanctuary for tourists to rest and meditate for a while during their busy day.

    Outdoor Art Installation

    Turn your empty land into a cultural space by creating an outdoor gallery or art installation. You can charge visitors a fee or work with local advertisers to earn money while supporting local art and culture.

    Pop-Up Facility

    There are many creative ideas for small empty lots, such as setting up a food truck park, a pop-up market, or a community garden. Rent your land to local businesses or groups for special events like food truck festivals, farmers’ markets, craft fairs, fundraisers, or pop-up cinemas.

    By charging a rental fee, you can earn money while supporting local businesses and bringing the community together. Your land can be used for different events all year round.

    Sports Fields

    Use your land to build sports fields for games like soccer, cricket, or baseball. Rent the fields to schools, clubs, or leagues.

    You can also offer extras like equipment rentals, changing rooms, or a snack area.

    Working with schools or clubs helps you earn money and supports the community by encouraging sports and fitness.

    Paintball Facility

    Business ideas for vacant land to make money
    Paint Facility – Vacant Land business ideas

    Wondering what to do with land that is vacant! Turn your empty land into a fun paintball center for group activities. Set up safe gear and exciting obstacle courses to give players a thrilling experience.

    You can earn more by hosting tournaments, events, and renting the space for private parties. A good paintball center is great for team-building and popular with companies and youth groups.

    Community Garden Plots

    Turning vacant land into community garden plots can be a rewarding and profitable venture, especially in urban areas with limited green space. Renting out plots to locals allows them to grow fresh produce and enjoy nature. To add value, you can offer extras like tool rentals, composting facilities, and gardening workshops.

    Hunting Property

    If your land has deer or other wild animals around, you can turn it into a hunting business. Hunters will pay for permits, and you can offer extra services like guided hunts, camping, and equipment rentals. This can also help with wildlife conservation and teach people about safe hunting.

    Concert Venue

    Turn your open space into an outdoor concert venue and bring music and culture to the community. Host local and touring artists while earning from ticket sales, space rentals, and ads. Partner with food trucks and craft breweries to enhance the experience. A great concert space can support local artists and offer a fun entertainment option for everyone.

    Landscape Supply Business

    Turn your vacant land into a landscape supply business. Sell tractors, mowers, and other landscaping tools, with space for demos and testing. Offer gardening supplies like soil, mulch, and decorative stones to attract local landscapers and homeowners. This can be a great way to generate income while becoming a go-to resource in your community.

    Nature Preserve

    Turn your vacant land into a nature preserve where visitors can enjoy hiking trails, gardens, and peaceful ponds. Charge a small entry fee or earn through picnic areas, rental equipment, and guided tours. This not only generates income but also helps protect local wildlife and educate people about nature conservation.

    Off-Grid Cabins

    Off-grid cabins are eco-friendly, self-sustaining homes that operate independently of public utilities. They attract nature lovers, digital detox seekers, and eco-tourists looking for peaceful retreats. These cabins typically use solar power, rainwater harvesting, and composting toilets. They can be rented short-term for steady income or sold as ready-made tiny homes. This idea combines sustainable living with tourism and real estate.

    Conclusion

    If you have land but no money, there are still several ways to generate income, such as renting it out, starting a small business, or partnering with others for development. Hope this list of business ideas for vacant lands helps you! Remember, the suitability of these business ideas with land is dependent on various factors of the vacant land. So, make the most suitable & feasible decision.

    Know any other unique business ideas that can be added to the list? If yes, please share your thoughts/opinions. [Contact: shubham@startuptalky.com]

    FAQs

    I have land what business can I start?

    Somevacant land business ideas of the best business to start on empty land in village are:

    • Farming
    • Nursery
    • Athletic Fields
    • Solar Panel
    • Dairy Farm
    • Cell Phone towers
    • Vineyard
    • Farmers Market
    • Yoga Studio
    • Wind Energy

    Is buying and selling land profitable?

    Land can be used for residential as well as commercial investment. Buying and selling land can produce high profits.

    What is the most profitable farming business?

    The most profitable farming businesses are:

    • Agricultural Farm
    • Flower Business
    • Poultry Farming
    • Snail Farming
    • Fish Farming

    What are some of the most lucrative landscape business ideas today?

    If you are looking for landscape business ideas, then the below-mentioned landscape business ideas would be quite in demand today, thereby helping you earn decent revenues:

    • Interior landscaping service
    • Hydroseeding service
    • Pest control and weeding service
    • Landscape architecture service
    • Lawn care service

    What are some unique garden business ideas?

    Some of the easiest and most profitable garden business ideas are:

    • Backyard gardening
    • Herb growing
    • Flower growing
    • Vegetable farming
    • Seed selling
    • Fertiliser selling
    • Party organizing
    • Poultry farm
    • Beekeeping
    • Dog training
    • Photography/Videography
    • Airbnb
    • Yoga training

    Yes, if it is your residential property, then you can easily run a business in India, as long as it is not an illegal business that you are thinking of. However, if it is another’s residential property, then running a business from it is illegal.

    How to earn money from land in village?

    You can earn money from land in a village by leasing it out for farming or livestock grazing or by developing it for agricultural or residential purposes. Additionally, consider setting up small-scale businesses like organic farming, eco-tourism, or establishing a local market on the land to generate income.

    How to use empty land for business?

    Making land pay for itself is possible if you decide on a business which you can utilize the land for. You can certainly use your vacant land for business purposes, which will help you obtain decent revenues and pay for your land.

    What is the business to start on empty land India?

    Use empty land for farming, rentals, sports fields, events, or fun spaces like paintball or outdoor galleries.

    How to make money with land?

    You can make money with land by leasing it, selling it, farming, or developing it for real estate.

    What are creative ways to make money with land?

    There are many creative ways to make money with land, from leasing it out to setting up unique experiences or services. Landowners can think beyond traditional farming and explore opportunities like eco-tourism, events, or renewable energy. With the right approach, even unused land can become a valuable income-generating asset.

  • The Future of Ed Tech Startups In The Wake of The New Offline Normal

    The ed startups in India saw an unprecedented rise in their demand and popularity as the country went on a nationwide lockdown on March 25, 2020. When the pandemic was supposed to be a tough year for all the entrepreneurs out there, the edtech industry in India alone raised a whopping $2.2 billion with Byjus singlehandedly raising over $1 million out of it.

    2020 for that matter can be considered the year of ed-tech in India with a plethora of startups mushrooming in the market. However, two years after the pandemic, things have started to get back to the new normal where students and aspirants of the various competitive exams have been embracing the offline journey.  

    It is time for the ed-tech startups to come a full circle by tapping into the offline market which a lot of them have left unattended within the comfort of online classes and management.

    The startups in the education technology field that reeked $11.7 billion in the first quarter of 2022 in funding only saw $3.4 billion flowing in the month of April without any Unicorns being produced. While in May, although the country saw the entry of its 100th unicorn, the ed-tech industry only saw $1.6 billion coming in with a drop of 53% on a monthly basis.

    Venture Capital firms including Sequoia and Y Combinator have already announced alarm bells warning startups to cut costs and increase runaways. The market situation is pushing these startups to go hybrid now more than ever before.

    This article will look at some of the ed-tech startups and their plans to soft-land into offline classes again while making sense of the current market scenario of the industry.

    List of Edtech Startups Planning to Enter the Offline Market
    The Other Side of the Emerging Market Situation

    List of Edtech Startups Planning to Enter the Offline Market

    Byjus

    The growth of Byjus over the years in general and during the pandemic, in particular, have been phenomenal. In 2020, it became the highest valued startup in India at over $22 billion.

    Byjus has relaunched its offline classes in and around the capital already. With the offline classes and the pre-recorded online tablet classes costing the same, the startup looks forward to establishing more and more offline classes in the country.

    Himanshu Bajaj, Head of BYJU’S Tuition Centre has made it clear that the firm is planning to launch 500 more tuition centres in over 200 cities across the country.

    Unacademy

    From beginning as a humble Youtube channel to revolutionising the very idea of online education, Unacademy has been a significant part of online pedagogy during the pandemic.

    Within a span of two months, the startup grew from being valued at $2 billion in November 2020 to reaching $3.4 billion in August 2021. Unacademy has also made announcements of the launch of its various offline classes across the country.

    On 8th June 2022, they launched their offline classes for NEET, IIT – JEE and other foundation courses for students from classes 9-12 at their Unacademy centre in Delhi.

    During its launch, Co-founder and CEO Gaurav Munjal said, “We are confident our foray into physical learning centres with the best curriculum at a competitive pricing will help learners in cracking their goals and look forward to scaling them up across India”. The startup aims to enrol 15000 learners across its various centres in Kota, Bengaluru, Jaipur, Chandigarh, Ahmedabad, Delhi and Patna

    Physics Wallah

    It is the latest entrant into the unicorn club by receiving $100 million in its maiden funding led by WestBridge Capital and GSV Ventures in May 2022. This ed-tech platform that helps students prepare for various competitive exams was founded by Pandey and Prateek Maheswari in 2016.

    Currently, they employ 1900 people including 500 teachers and 100 tech experts. This is apart from a versatile group of associate professors who would be answering the queries of the students online.

    Physics Wallah plans to open 20 offline centres in 18 cities. They plan to enrol at least 10,000 students for the 2022-23 academic year.

    Imarticus Learning

    Imarticus Learning was launched in 2012 with the goal of training individuals to transfer careers in the fields of financial services, analytics and AI, business analysis and core technology.

    By closely working with the demands of the industry, this ed-tech startup has been able to attract a lot of students as they collaborate well with relevant players in the market like IBM, KPMG, Genpact, Rise Mumbai by Barclays, Moody’s Analytics, Motilal Oswal etc.

    They use dynamic technologies and learning methods to train their students. However, the post-pandemic wind has laid this startup a little low as well. So as to maintain its hold even in the offline educational situation, the firm is planning to launch more offline centres in tier 2 and tier 3 cities.

    The CEO Barshikar opinionated that “There are numerous advantages of the hybrid model. You can cater to a larger audience and often give learners an option to pick what suits them best”.

    The Other Side of the Emerging Market Situation

    The market scenario does not look great for ed-tech startups as classes worldwide are retreating back to complete offline classes. Switching to offline mode also means that the capital and competition involved are going to skyrocket.

    Investors have started to demand proof of profitability over revenue generation possibilities. At a time when investments from VCs and other investors are crunching, the demands of the situation will only make things difficult for the ed-tech industry.

    The anxiety inherent in the situation is seen clearly with the rampant layoffs that these startups have embarked on. Indian ed-tech startups have already laid off 6000 employees.

    It is expected that the industry might see another 60,000 layoffs this year. Vedantu alone has laid off 1200 employees already. Unacademy had announced that they laid off 600 employees in April as a part of their cost-cutting initiatives.

    This is apart from the 325 part-time workers that they had laid off earlier. Another leading ed-tech startup named Lido Learning laid off more than 150 employees in February 2022 as the financial crunch was too much.

    Many startups are on the verge of closing down despite funding as their venture in itself loses its meaning in the offline world.


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    Every visit to edtech website has the potential to generate leads. Here are the best lead generation strategies that work for edtech startups.


    Conclusion

    There is no doubt in the fact that ed-tech startups have made a difference in the learning process that Indians were used to. They have played a significant role in reducing the digital divide during the pandemic. As schools and colleges are rolling out their offline classes, it is time for the hitherto online platforms to embark on the hybrid modes of classes. As investments dry up and offline classes reign, the future looks grim for ed-tech startups.

    FAQs

    Why do ed-tech startups fail

    Many ed-tech startups fail to figure out the right business and revenue model which is one of the reasons that most edtech startups fail in India.

    Why is the ed-tech industry booing

    As all the schools were closed many edtech startups started providing quality education online which was the reason edtech startups started booming in India.

    Is ed-tech profitable?

    Yes, ed-tech is one of the most lucrative and profitable industries in India.

  • How Can Edtech Startups Generate Leads?

    Every visit has the potential to generate a lead. To build a connection and convert casual visitors into qualified leads, you must provide current and relevant information while encouraging interaction with the material on your website. It would be ideal if you tried to meet prospects’ needs in every buying process.
    Customers that visit your website will thank you for your efforts by providing you with their contact information if you do it correctly. Making visitors into sales-ready leads involves a multi-pronged strategy that utilizes a variety of formats and platforms across several channels.

    Through marketing activities focused on brand development, growing product awareness, earning customer trust, and establishing your position as an industry expert, we can generate a lead.

    Continue to produce content that piques people’s curiosity while also offering answers, and your warm leads will become hot leads. So, what exactly is the content?

    Lead Generation Strategies That Work for Edtech Startups

    Getting Marketing Qualified Leads Into the Sales Process

    Lead Generation Strategies That Work for Edtech Startups

    Blog Posts

    Blog Posts for generating leads for edtech Startup
    Blog Posts for generating leads for edtech Startup

    The way you create and position your blog material will become more important as search engine optimization evolves. It is no longer enough to use keywords with high search traffic merely. You’ll attract leads seeking particular solutions if you use a topic cluster – which involves identifying the main issue in your company and selecting 8-20 subtopics using relevant search phrases – to organize your content.
    As an ed-tech firm, you can be certain that your prospects are well-educated. As a result, you want to deliver articles that provide a solution to their issue and provide answers to particular concerns they may have. Please use internal linkages to redirect readers to more related pages and route them to a pillar page with more in-depth information. We’ll go into further detail about this in 7.

    Live Chat

    Live Chat for generating leads for Edtech Startup
    Live Chat for generating leads for edtech Startup

    A chatbot allows visitors to connect with your brand while maintaining their privacy. A website visitor may have questions, but they may not be ready to speak with a salesperson immediately.

    Although your sales representatives are really helpful, many casual browsers are put off by the prospect of establishing human contact, especially when they are in the early phases of decision-making. In certain cases, an online discussion might allow a long-term relationship to develop.


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    Posts on Social Media Platforms

    Continue to follow education leaders to stay on top of issues in the sector and generate material to address those issues. Product announcements and other news relevant to your market should be sent out through Twitter. Take advantage of hashtags to ensure that your target market can discover you.
    This industry has highly qualified individuals. A LinkedIn marketing campaign is one of the most successful methods accessible to edtech companies for locating new consumers. Even while Facebook is less formal, it still enables you to use eye-catching photos of your product in action to draw attention to it. Facebook is also an excellent location to publish photographs and videos that others can share.

    Explainer Videos

    Explainer Videos for generating leads for Edtech Startup
    Explainer Videos for generating leads for Edtech Startup

    Identify subjects in your area of expertise that may be highlighted by a video presentation and make a list of them; rather than selling, attempt to educate. When people watch television, they are bombarded with advertising.
    Explainer videos simplify complicated concepts or business news into digestible chunks that anybody can understand. For example, when selling school administration software, you could wish to target your market with a video that describes changes to the state’s teacher evaluation measures.

    Podcasts

    Podcasts for generating leads for Edtech Startup
    Podcasts for generating leads for Edtech Startup

    Set up an educational technology podcast series to address difficulties or analyze developments in your particular section of the tech industry. Podcasts appeal to professionals who desire a hands-free approach to keeping up with the latest developments in their sector or learning something completely new.
    Expert interviews, educator profiles, and sneak peeks at the newest advancements in educational technology are all possible topics for podcasts to cover.

    Webinars

    Webinars for generating leads for Edtech Startup
    Webinars for generating leads for Edtech Startup

    Provide free training, insights into new technologies, and methods to education professionals in exchange for their time. Please include a link to a slide deck that can be downloaded to improve the likelihood that your webinar or sections will be shared with others.

    Pillar Pages

    Long-form material that focuses on a primary subject relevant to your products or services is a pillar page. By creating a series of blog entries focused on subtopics that your audience is interested in, you will have the material necessary to create a pillar page that is both instructional and attractive to your audience. Even though pillar sites are not gated, you may provide visitors with a PDF to download, generating leads.

    Media Coverage

    Identify and cultivate connections with education reporters in local and national news sources, and provide interviews, insights, and responses to current events that impact education. Identify well-known blogs in your sector and offer to guest write on their sites.


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    Getting Marketing Qualified Leads Into the Sales Process

    In the marketing funnel, prospects connect with your company at various phases. They arrive at your website with varying degrees of curiosity. Your digital marketing plan must include a mechanism for recognizing this and serving visitors with material relevant to their current requirements.

    Depending on the prospect, some may be interested in your product but not quite ready to buy, while others may be ready to talk with someone from your sales department. A page-hijacking form requesting an email address, phone number, and “best time to call” will result in the marginally interested visitor departing your website without ever looking at it.

    Another option is to send the lead to a sales representative if a contact has subscribed to your newsletter, downloaded marketing literature, and enquired about price through your chatbot. It is known as being at the bottom of the funnel. An automated marketing platform will assign a score to each step a lead performs.
    The lead will be transferred to your customer relationship management software when a tipping point is achieved.

    Conclusion

    Delivering the appropriate information to the right person at the right time is essential when it comes to lead generation and turning those leads into sales. You can turn your website into a lead-generating engine if you have a complete digital marketing plan in place and a method to gather and qualify data.

    FAQs

    How can Edtech Startups generate leads?

    Edtech startups can generate leads by using these lead generation strategies:

    • Blog Posts
    • Live Chat
    • Posts on Social Media Platforms
    • Explainer Videos
    • Podcasts
    • Webinars
    • Pillar Pages
    • Media Coverage

    Which are the top Edtech Startups in India?

    Some of the top Edtech Startups in India are:

    • Byju’s
    • Unacademy
    • UpGrad
    • Vedantu
    • Toppr
    • Coursera
    • Cuemath

    How big is the EdTech industry?

    The global EdTech market size was valued at USD 106 billion in 2021 and is expected to reach USD 127 billion in 2022.

    How to market for EdTech Startups?

    Marketing strategies for Edtech Startups are:

    • SEO
    • Email Marketing
    • Content marketing
    • Video Marketing
    • Social Media Marketing
    • Paid Ads
  • The Lexicon Group: Creating Sustainable Education Ecosystem

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by The Lexicon Group.

    In India, the education market is expected to reach US$ 4 billion by 2025. Indian education is changing with large private individuals contributing to improve education in the country. The Educational institutions focus more in enhancing creativity of student and progressive education.

    There are several educational institutions under the brand name Lexicon. The Lexicon group of institutes provides visionary and progressive education to children. Read to know the success story of The Lexicon Group, its founders, the startup story, marketing, acquisitions, and more.

    Lexicon Group – Company Highlights

    Startup Name The Lexicon Group
    Headquarters Pune
    Industry Education, Wellness, Edtech,Legaltech, Baby care, Print Media, and STEM Toys
    Founder Mr. S. D. Sharma, Mr. Pankaj Sharma, and Mr. Neeraj Sharma
    Founded 2006
    Website lexiconedu.in

    The Lexicon Group – About
    The Lexicon Group – Industry
    The Lexicon Group – Founders and Team
    The Lexicon Group – Startup Story
    The Lexicon Group – Name, Tagline, and Logo
    The Lexicon Group – Getting Students after The Launch
    The Lexicon Group – Challenges Faced
    The Lexicon Group – Marketing
    The Lexicon Group – Acquisitions
    The Lexicon Group – Future Plans

    About The Lexicon Group of Institutes

    The Lexicon Group – About

    Many individuals turn into entrepreneurs to start a new venture but when they started their transition from the business of publishing into making their vision of creating a school that provides accessible quality education, they were clear that they wanted to make a difference and that is how The Lexicon Schools were conceptualised.
    Their endeavors are:

    • Developing a mindset of ‘Believe In Yourself’
    • Focus on Value Education
    • Recognise each student is ‘unique’ and hence the approach
    • Evolving Pedagogies
    • Develop a thought process on how you can add back to your family, your community, your country, and humanhood at large.

    They want to set up schools, where they would help children learn how to exhibit qualities and emotions of love and respect and learn important lessons in honesty, punctuality, respecting time, and most importantly loving oneself… being an ambassador of positivity.

    The students should be known for more things than just being professionals or academicians’- this is the thought with which they started establishing the schools. One thing led to the other, and they decided to branch out into graduate and post-graduate education too. They wanted the learning philosophy to flow into their lives, leading them to hit the ground running when the time comes. As they have grown various companies touch every part of their lives from when they are babies to the education they undertake or prepare for competitive exams or when they are on the rocking chair reading the Pune Mirror lazily on a Sunday.

    The Lexicon Group – Industry

    They believe in the philosophy to compete with yourself only. Competition is not about sizes, it is not about other brands, Competition should be a benchmark that helps you become better than what you were yesterday. The best is to compete with yourself; there are dangers of feeling you are the best too soon. They never looked at market sizes. They focussed on how to overgrow and then become new in itself.


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    The Lexicon Group – Founders and Team

    Mr. S. D. Sharma is the Founder of The Lexicon Group.

    Mr. Pankaj Sharma – President & Management Trustee, The Lexicon Group.

    Mr. Neeraj Sharma – Vice Chairman, The Lexicon Group

    The Lexicon Group – Startup Story

    After they set up the Education Ecosystem revolving around Lexicon Kids, The Lexicon Schools, Lexicon Institute of Hotel Management, and Lexicon Management Institute of Leadership & Excellence, the remaining businesses happened because of the people around. They never ideated what to start, but when they come across people with passion and expertise they become the platform to amplify their potential. So over the last few years they focused on meeting nice human beings and creating meaningful relationships and the businesses that have grown have been a by-product of the same.

    Let’s take the example of EduCrack, one of their professors was keen to create a technology ecosystem for the preparation for competitive exams. They supported his vision with the technology know how, his academic knowledge, their marketing and brand acumen and build EduCrack from the first click. Similarly for Thinker Place or any of the other companies. It revolves around the Concept of ‘P.I.P – People, Integrity, Passion; and the rest falls in place.

    If the person has the zeal to do something and a plan and a dream; they are willing to gamble bucks on it. Investing in people has usually paid off well.

    Their initial focus was to create a sustainable educational ecosystem to contribute to the society and country. A holistic approach towards model citizens, better community outreach and most importantly value-based individuals contributing to the greater good personally and professionally. Their diversification also has the same goal, where each of the products and services are in one way or the other contributing to the betterment of the individual or/and the society.

    Lets look at CITTA – Whilst Akanksha Sharma, CEO and Co-Founder of CITTA was pursuing her bachelor’s degree in apparel industry management from the Fashion Institute of Design and Merchandising in Los Angeles she came across various articles of ‘Baby Care giants came under huge media scrutiny a few years ago as multiple lawsuits were slapped stating companies were using asbestos-containing talc that can cause cancer..’ This got her working on CITTA (inspired by the Sanskrit word chit, which means “pure consciousness”) – a natural baby bath and skincare brand that is cruelty and toxin free.

    The Lexicon Group of Institutes Logo
    The Lexicon Group of Institutes Logo

    The word Lexicon means a dictionary. The name comes from my philosophy of an educational institution – a school for example doesn’t necessarily only stand for academics or sports… it means and adds more. Like a dictionary has meaning for all the words, so do The Lexicon Schools provide a meaning for every student- wherein the student learns academic subjects, engages in extra-curricular activities, understands the nuances of life, starts believing in himself or herself, and lot more.

    The logo is equally simple – a shield signifying an environment which is safe, secure and nurturing and each of the colors on the shield focusing on different elements of growth. So Blue stands for Learning, Red stands for Innovating, Orange for Excelling and Green for Growing… these four elements have a 360° approach and are not restricted to academics, professional or personal but more.

    The moto for The Lexicon School and The Lexicon Group is mindfully chosen.. ‘Believe in Yourself’, probably the three strongest words listed together which have the potential of changing lives if you believe in them and that is what Lexicon group try to ensure. Their team across works toward instilling a mindset of believing in Yourself as you are what you are because of your beliefs. Tomorrow you will be what you will be only because of your beliefs too. Belief is probably the core of any human being and if you can believe in yourself, you are a winner. That is how the name Lexicon came about.

    The President of the Lexicon Group was into selling books and the maximum he sold was the Lexicon Encyclopedia. The meaning of Lexicon always stood strongly in his mind and when he had to name the Schools, there was natural synergy to choose the name – The Lexicon Schools and registered it.

    The Lexicon Group – Getting Students after The Launch

    This was probably the most difficult thing to do, forget the first 100, the first student was a challenge and it took years to get the first 100 in… there was no looking back as today only in Pune Maharashtra, the Student-Parent community stands at 20000 +. After they launched the school they did multiple marketing activities which included the use of billboards, (something that was not standard practice 20 years ago) for everyone in Pune to know about it.

    They got an Expat Principal who was working with Cambridge Board to lead the school. Lexicon group invested in experienced teachers with repute. The mix was perfect but unfortunately what they lacked were students. They launched the school and they had EMIs to pay, loans to be paid and salaries to be given. But they weren’t making a penny.

    They admitted 19 students in the first year. After much struggle, the 19 became 40 in the next year and then the 40 became 60. The progression was slow but every year they grew… the first 5 years were very difficult personally, financially and professionally but one thing stood out… they believed in ourselves and Lexicon group was committed to win. After they got the first 100, it turned to 10,000 very quickly.

    The 100 to 10,000 was all about delivering the promise. So, if you can continue delivering all that you have promised then 100 to 10,000 becomes easy. Once you pursue excellence with integrity and put people first the journey is easy. Over the years, they have ensured that everyone they associated with, they have been honest in the interaction and in the engagement. They also strongly believe that they have not only delivered their promises but have exceeded expectations across and thereby made their hard work, diligence, and commitment to deliver on the promises the catalyst to their growth.

    The Lexicon Group – Challenges Faced

    There were many things which didn’t work. There were very few things that worked. But overcoming each needed persistence. Eventually, things worked out. The founder and team toiled and made it successful. Things that have worked have taken my focus, energy, and persistence along with help from the right people who have ensured to see things come to their culmination and succeed.

    The best part is that you don’t run an organization or your home or any enterprise, the people you associate with do that. As the Patron of the Lexicon family, my role is to look after the members in it. So, you don’t run the organization, but you look after the people and the people look after the organization. They have just built relationships with the people, they have done wonders for the organization.

    The Lexicon Group – Marketing

    They always believe in PR-led campaign. So, whatever they have done, they have put it into the newspaper or they have promoted it digitally. They have always used this communication strategy because they would like their stakeholders or prospective customers to know what they are doing right now. With advertisements, you are telling what you want to sell but through information and PR-driven thought process you are giving your customers and users a peek into the real you, what you are doing, what your initiatives are, what worked for you. They like to talk about what is happening now, how they are making news in the present, and what they plan to do as they grow. They are also extremely particular to be honest in their communication.

    A simple example goes like this…. Years ago, The Lexicon Group got in a few scientists of the city together and they made their students meet these scientists and said since now they are all in one room where they have the top scientists and you students… can they all together and create something that this city or this country have never seen before? So that’s when their students and the scientist got together and created the cheapest computer then of the country. As an organization, they could bring about innovation and contribute.

    In India, it’s unfortunate that we don’t have a research bent of mind. Getting children to explore, think and innovate is something Lexicon Group want to do. They want to encourage them to develop a research bent of mind. To create a curious mindset and hence they continuously encourage at all levels, be it their pre-schools, K-12 schools or their other institutions.

    Once, through an event, they instilled a spark of survival and entrepreneurship in the students of Lexicon MILE (PGDM and Global MBA Courses) and the results were unbelievable. They gave a task to the students and took away their money, gave each of them Rs. 500 and asked them go out and fend for themselves. One ground rule was set – Nothing Illegal will be done and no borrowing of money. Odd jobs were done like selling flowers, wiping cars, teaching dance to some society members and things like this. This discovery of being able to fend for themselves without prior support was a priceless reward for all together. This is one reason students of Lexicon Group of Institutes develop self-reliance and an entrepreneurial bent of mind.

    The Lexicon Group – Acquisitions

    Lexican group has recently acquired MultiFit. MultiFit has a Pan-India, UK and UAE presence with close to 40 gyms across. The company once a power-house lost out in the pandemic and they have taken it over giving an entry into the arena of health and fitness. Their focus is to resurrect the brand and take it to its destined success.

    They also acquired Pune Mirror from Times of India. As a 180 years company, it is for the first time that they have liquidated some of their assets. They are amongst the only people who have acquired something from the TOI and this endeavor has done extremely well under them. This has also given them an entry and a foothold into the media industry. They have plans for Indian media to look different. They are focused in going into multiple cities with multiple mediums. It could be a newspaper today, could be digital, or even electronic tomorrow. So electronic media is their next bet. Their attention centered on existing brands that are ready to sell and they would be very keen to buy that. If they do not get an existing brand, they will eventually get into making one on their own.

    The Lexicon Group – Future Plans

    Each of the verticals of Lexicon group is exploring and aiming for growth.

    • With educational institutes they want to have a pan-India footprint in the next 5 years and are looking for like-minded partners.
    • At MultiFit the goal is to achieve a milestone of 200 gyms in the next 3-5 years.
    • At EduCrack they are looking at 5 lakh users per month as the the online coaching platform for all the competitive examinations.
    • They have a brand which is called CITTA specializing in baby products made with natural ingredients. They want to expand the brand to pan India and help all millennial parents in their parenting journey.
    • They are also looking at a multi-country spread soon.
    • Thinker Place is a unique company which has got huge plans of replacing books with educational toys. It is again going to be traveling across the length and breadth of the world.
    • They want to create The Lexicon University in future and they are all working towards the same.

    FAQs

    Who is the founder of The Lexicon Group?

    Mr. S. D. Sharma, Mr. Pankaj Sharma, and Mr. Neeraj Sharma are the founders of The Lexicon Group.

    When was The Lexicon Group founded?

    The Lexicon Group was founded in 2006.

    What are the schools under The Lexicon Group of Institutes?

    Some of prominent schools under The Lexicon Group are:

    • The Lexicon Kids pre-schools
    • The Lexicon Schools
    • The Lexicon Rainbow School
    • Lexicon Management Institute of Leadership and Excellence
  • Why Did Lido Learning Shut Down Its Operations? | Lido Learning Failure

    The chances of failure of businesses in the first 10 years are 65%. It is true that not all businesses will survive till the end. In fact, more than half of new startups fail in their first year only. A business needs a lot of other things to survive apart from funds, of course, funds are the most important factor but without proper planning and execution, and the ability to adjust, even if you have a huge amount of funds, the business is bound to fail.

    In recent years, EdTech startups have created quite a stir in the world; naturally, India is not behind in this list. The pandemic has contributed to the boom of EdTech in the startup ecosystem. Several EdTech comapnies have made their name in the industry and some are on the verge to become the next big thing. Then there are other companies, who have faced defeat and have failed to survive in the industry.

    Lido Learning is an Indian EdTech company, whose failure was a great shock to the industry. In this article, we will talk about, Why Lido Learning shut down its operations while leaving employees unpaid. So, let’s get started.

    “You have to always be vigilant and make sure you’re ready to get on the bandwagon as a need for any new change arises.” – Pooja Agnihotri

    About Lido Learning
    Reasons for the Failure of Lido Learning

    About Lido Learning

    Lido Learning is an Indian EdTech company that was founded in the year 2019 by Sahil Sheth. The main motive of the company is to provide education in a revolutionary way through their online platform to Indian kids and develop the education industry.

    Sail Sheth - Lido Learning Founder
    Sail Sheth – Lido Learning Founder

    Live classes are held online through this platform for children. Apart from that, animated videos and interactive games are also included in the platform. Top teachers are provided to them and tests are conducted, to understand the progress of the students. The company is headquartered in Mumbai, India.

    The main USP of the company was that every class will consist of only 5 to 6 students so that they can get proper attention. Lido Learning was for the students of KG to Class 12.

    Reasons for the Failure of Lido Learning

    On 4th February 2022 on a very shocking note, Lido Learning shut down their operations and created a situation where 150 employees of the company’s future faced a big question mark.

    The EdTech startup was backed by some of the popular angel investors Paytm founder – Vijay Shekhar Sharma, Myntra founder – Mukesh Bansal, Shaadi.com’s founder and Shark Tank India judge – Anupam Mittal, MedLife’s founder – Ananth Narayanan, and UpGrad founder – Ronnie Screwvala.

    Some of the reasons that lead to the failure of Lido Learning are:

    Inability to Raise Funds

    Funding is one of the most, if not the most important factor in a business for its survival. Without funding, a company can never function properly. Although Lido Learning was able to raise $24 million to date for their funds from popular investors like Vijay Shekhar Sharma, and Anupam Mittal but due to the pandemic many companies backed out at the last moment who wanted to invest in the startup.

    Various deals with the companies like CureFit and ByteDance for investments got cancelled. This resulted in a shortage of funds in the company that lead to financial difficulties.

    Teachers and Employees Are Not Paid

    Employees are the backbone of any company; a company can fully function with the help of its employees. Now for that, a company needs to take care of its staff properly. The red flag arose in Lido Learning when the teachers and the employees are not given their payments.

    The teachers and the staff took to different social media platforms to complain against the company when their salaries were not paid to them.

    Juhiee Arora, Talent Acquisition Specialist
    Juhiee Arora, Talent Acquisition Specialist

    Some ex-employees also complained who quit were not given their payments as well. Nitish Banka, a lawyer at the Supreme Court also shared the same through his Linkedin post.

    Nitish Banka, Lawyer at Supreme Court
    Nitish Banka, Lawyer at Supreme Court

    As per sources, Lido Learning has already suspended all their operation and emails has been sent to the employees regarding the issue.

    Inability to Offer Refunds to the Customers

    Another main reason for the failure of this EdTech is that the customers of the company were not served properly, their demands were not met and the service was pretty bad.  

    When customers wanted to cancel the trial period, some demands were not fulfilled, refunds were not offered to them. After the cancellation of their subscriptions, this led to a bad word of mouth and also got negative feedback from the customers, thus the company lost its reputation.


    Top 13 Profitable Education Business Ideas in India 2022
    If you are planning to start your business in the education sector. Take a look at the best education business ideas in India.


    Conclusion

    EdTech has been able to gather the attention of the world, especially after Coronavirus when people got confined in their own homes, the education system almost got disrupted. EdTech took the advantage of the situation and made a place in the startup ecosystem. Lido Learning was going good at first but the above reasons have led to its shut down as it was not able to adapt after the pandemic.

    FAQs

    Is Lido Learning shutting down?

    The founder, Sahil Sheth has announced that there is no fund left for the business so Lido Learning will shut down its operations in Feb 2022.

    Who is the founder of Lido Learning?

    Sahil Sheth is the founder of Lido Learning who founded the company in 2019.

    How old is Lido learning?

    Lido Learning was founded in 2019 by Sahil Sheth.

    Who invested in Lido?

    Paytm founder, Vijay Shekhar Sharma, CultFit founder, Mukesh Bansal, Shaadi.com’s founder and Shark Tank India judge, Anupam Mittal, MedLife’s founder, Ananth Narayanan were some of the investors of Lido Learning.