Written By: Resham Daswani

Preschool and early education have become a part of our Indian society as people continue to understand why quality education at an early age can be beneficial as a stepping stone in your kid’s life.  But there are so many options available, and they continue to rise as the years go by.  So, now is your chance as an aspiring entrepreneur to take that leap and be a part of the fastest-growing education sector in India: preschool franchise opportunities.

Read on this blog to learn more about how market trends have enhanced the growth of this sector, why the preschool franchise business is on the rise, what are the best preschool franchise opportunities to consider in 2024, which preschool tops the list, advantages, and more.

Did you know? The preschool market in India is anticipated to have tremendous growth, with a compound annual growth rate (CAGR) of 8.49% between the years 2022 and 2027. Yes. Great news, isn’t it? The market size is anticipated to increase by USD 34.65 million as a consequence of this expansion that is projected to occur.

Children aged three to six years old and children younger than three years old are the two age groups that are used to segment the market. The market is divided into two categories: urban and rural.

Let us analyse the current key trends and challenges this market is currently facing before we take you through the best preschool franchise in India.

India’s market key drivers and challenges:

Challenges include:

• Meeting rising expectations of the parents: It might be difficult to successfully manage and fulfil the high expectations that parents can have. For preschoolers to be successful in establishing trust with their parents, they must effectively communicate with them, comprehend the expectations they have, and preserve transparency.
• High level of competition: There is a lot of competition in the Indian preschool industry. Particularly in densely populated places, it can be difficult for a preschool to stand out from the crowd and provide something no one else does.
• Affordability: There is a need for good preschool education, but many families still have trouble paying for it. Preschools always have to work hard to find the right mix between giving a good education and keeping fees low.

Key trends include:

• Rising demand for quality education: An upward trend in parental consciousness has been observed regarding the criticality of early childhood education. Therefore, the demand for high-quality preschools that emphasise holistic development has increased.
• Incorporation of technology as a teaching method: Using technology to help teach has been developing in preschools in India. Children are learning better with the help of interactive learning apps, smart boards, and other digital tools.
• Focus on holistic development: Parents want preschools that focus on more than just academic skills. They want preschools that care about their child's social, emotional, and physical growth as a whole.

Moreover, emphasis has been placed by parents on the safety and security of their children, for which strong measures are carried out by preschools by placement of CCTV cameras, GPS trackers, and conducting proper ground checks of the staff.

Now that you have seen the key market drivers and the challenges that this preschool business has undergone in India, let us now look at one of the best preschool franchises in India, which has been growing at a rapid pace and continues to top the list in the education franchise business across the country for years.

This is none other than the Kidzee preschool franchise in India.

What Makes Kidzee the Best Preschool Franchise to Invest in India in 2024?

Kidzee Preschool is a prominent chain that operates preschools in both Nepal and India. It is supported by Zed Learn Ltd. Kidzee, an organisation boasting over two decades of experience in the preschool sector, has provided care and education to over 1.4 million children across India.

Among the most expansive preschools in India Kidzee operates over two thousand centres in over seven hundred and forty-five cities throughout India and Nepal.

The Kidzee Franchise Advantage

1. Largest preschool chain across the country: With over 2,000 centres spread throughout more than 750 locations in India, Kidzee is India's largest preschool chain and has won numerous awards over the course of its twenty-year history. At Kidzee, nearly 1.4 million young brains are enriched.
2. Proven Business Model: Having a business plan that is both high-return and low-cost gives you the potential to mould the minds of young people of the future in the present while also providing you with the possibility to develop your franchise.
3. Best Pedagogy: Children are able to identify their own unique learning style and attain the necessary learning results with the assistance of our innovative new curriculum, Pentemind. This curriculum is in line with the high-level social, emotional, linguistic, and other developmental milestones.
4. Advanced Curriculum: Kidzee's most recent Pentemind curriculum, which was introduced in 2022, is centred on a five-pronged strategy to develop the minds of young people.

Moreover, this is one of the most-awarded preschools across the country, having received various awards like “India’s Most Trusted Preschool 2022” and more.

Prerequisites and Costs of Starting a Kidzee Preschool Franchise in India

1. On their official website, you will find an application form that you should complete.
2. On confirmation, you will receive a call from their team.
3. The area space required is around 2000–3000 square feet.
4. The investment range is approximately Rs 12–15 lakh.

Other Top Preschool Franchises To Consider in India in 2024

The Top 4 preschool franchises which are climbing the ladder and are good options to consider whilst starting a franchise in India are

1. Bachpan Preschool Franchise:
   1. Children are instilled with a feeling of enthusiasm and fervour for learning new things and excelling in the competitive world when they attend Bachpan Play School. In addition to being one of the most well-known nursery schools, Bachpan provides all that a young child who is still developing needs to finish his early education.
   2. We are present in the whole of India with a chain of more than one hundred preschools that are successfully operating. We have operations in over 400 cities, which affords us the opportunity to connect with a wide range of young minds. Toddlers all over the country benefit from this because it helps to create a feeling of homogeneity in the culture of elementary school.
   3. The investment required is between Rs 5-10 lakhs.
2. Hello Kids Preschool Franchise:
   1. A new concept, HELLO KIDS lets kids grow and develop while reading, listening, and playing. They progress from reliance to independence, from poor coordination to good abilities, from body language to vocal communication, and self-absorption to social awareness. Our chain of preschools, Hello Kids, aims to educate and delight kids. Hello Kids looks like a kids' paradise, not a pre-school.
   2. Their vision and mission are to lead the Indian preschool market by providing the greatest education to young children.  We balanced Eastern culture and Western competitive standards to provide the greatest preschool education and prepare a winning generation for the 21st century. Our kids will be kind, generous, and smart.
   3. The investment required differs in various parts of the country and can go up to an approximate amount of less than Rs 6 lakh.
3. Shanti Juniors Preschool Franchise:
   1. Sanskaar, which means values; Saakshar, which means education; and Saksham, which means capability, are the three pillars that give Shanti Juniors its reputation for fostering the entire development of children. During this time period, the parents have witnessed remarkable growth in their child. Give your child the opportunity to be in the most joyful and memorable setting imaginable as they take their first step towards acquiring an education.
   2. The investment required is between Rs 15-20 lakhs.
4. Maple Bear Preschool Franchise:
   1. The first Maple Bear Canadian School opened in 2005 in Indirapuram (New Delhi), India.
   2. Maple Bear became a private corporation in 2007 with 12 schools in Korea, Brazil, and India. As word of Canadian immersion and bilingual education spread, especially among parents who saw their children's language, learning, and behaviour improve, those figures changed swiftly.
   3. The investment required is between Rs 10-15 lakhs.

FAQs

Q.1. Is starting a preschool franchise profitable in India?

Yes, Indian preschool franchises are profitable. Some preschools make 30%. Good schools charge INR 30,000–INR 50,000 quarterly, depending on city and region. The Indian preschool market is booming. India's franchising industry has grown steadily. Preschool franchises offer recognition, trust, credibility, ROI, and brand recognition.

Q.2. What qualifications do I need to start a preschool franchise in India?

The qualifications are not specific as such, as it varies from brand to brand.  Depending on the brand you choose, the franchisor will provide you with the necessary criteria which you would need to meet up before starting a franchise.

Q.3. What is the future of the preschool business in India?

A compound annual growth rate (CAGR) of 9.56% is anticipated for the preschool industry in India through the year 2028. In the year 2023, the market is estimated to be worth 957.86 million Indian Rupees.

To Conclude,

If you are considering starting the new year 2024 with a business, then why not start a preschool and be a part of the education franchise business in India.  For more details about this booming sector, you can contact us at FranchiseBazar.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.