At ULFAT Unplugged Entertainment Private Limited, our mission is to make every child in India confident with the technology shaping their world. Through NOVA, our dedicated AI and EdTech wing, we are building an AI-Powered Learning Ecosystem for Grades 1–12. It helps schools teach AI well, see each learner's progress and support every child at the right moment.

We believe education should be not just informative but transformative. It should build the curiosity, creativity, critical thinking and ethical judgement that lifelong learning demands. NOVA brings together an age-appropriate AI curriculum, a teacher training and enablement system and a real-time learning-intelligence platform. Together, they make learning visible, measurable and continuously improving.

Our vision is to become India's most trusted AI-learning partner for schools, reaching 3,000 schools and 2.4 million students by Year 7. We want to prepare a generation of confident, skilled and responsible learners who can understand, question and create with AI.

The Capital-Servicing Reserve of US$2.23 million (37.5% of the project value) is held in ULFAT's ring-fenced account. This crucial reserve is drawn only as capital servicing falls due in Years 1–3, effectively safeguarding investor interests through the critical build and launch phases of the project.

Strategic development efforts are funded independently and are designed to scale with the business's growth. Our plan allocates a dedicated Strategic development budget of US$2.27 million over seven years, progressively increasing from US$0.06 million in Year 1 to US$0.63 million in Year 7. This budget is deployed in phases to align with adoption milestones:

NOVA by ULFAT isn't just building an app. We're creating an integrated AI-Powered Learning Ecosystem for Grades 1–12 that touches every part of a school's AI-learning journey, such as curriculum and teacher training, classroom and home, digital and printed, student progress and school accountability.

Each revenue stream strengthens the others. Annual per-student school licenses, renewed every session, form the core. Four more streams are added over time: senior electives and capstones, teacher certification, government and CSR programmes, and Indian colleges. Every school that joins builds NOVA's teacher network and its evidence that students are learning, which makes the next school easier to win. The plan reaches 3,000 schools and 2.4 million students by Year 7, with revenue of US$24.85 million and an EBITDA margin of 37.5%.

This isn't speculation; the demand is already here. NEP 2020 calls for AI and computational thinking in schools. CBSE makes Computational Thinking and AI a compulsory Class 9 subject from 2027-28, the very session NOVA launches. Schools already pay for integrated systems. NOVA brings this model to AI education, with year-long teacher coaching and student-level learning evidence that no competitor we reviewed offers as one package.