RAYSolute Passage
A screening-grade first pass on a cross-border education move, built from your own numbers: not a connected live digital twin, not a substitute for a commissioned feasibility study.
What RAYSolute Passage is, and is not
Passage screens a cross-border education move against 22 markets and returns a directional verdict in minutes, using the same disclosed, publicly available benchmarks RAYSolute's research desk works from every day. It exists to tell you whether a move is worth a properly scoped feasibility study, not to replace one.
What it is
- A six-dimension weighted score (demand, regulatory, capital intensity, unit economics, timeline, operator fit) with a hard-fail gate on any single weak dimension
- An eight-year indicative cash flow built on earnings before interest, taxes, depreciation, and amortization (EBITDA), a terminal value, and internal rate of return (IRR), using typical capex and fee bands for your chosen market
- Coverage across three desks: a foreign institution entering India, an Indian school group expanding abroad, and capital sizing a cross-border education asset, spanning curricula such as the Central Board of Secondary Education (CBSE), the Indian Certificate of Secondary Education (ICSE) administered by the Council for the Indian School Certificate Examinations (CISCE), Cambridge, and the International Baccalaureate (IB), and regulatory routes such as University Grants Commission (UGC) mainland campus rules
- Entirely client-side: your numbers stay in your browser unless you choose to send yourself the result
What it is not
- Not a live, connected digital twin: it recalculates only when you press Calculate, from what you typed
- Not primary market research: market-level figures are screening-grade benchmarks, not a site visit or a commissioned survey
- Not a substitute for a feasibility study or Detailed Project Report before any capital commitment or regulatory filing
- Not legal, tax, or immigration advice on any specific jurisdiction
Four steps, one screen
No wizard, no page-by-page flow. Pick your desk, fill in one form, get your verdict.
Choose your desk
Foreign institution into India, Indian school abroad, or capital into a cross-border education asset. Each desk shows only the fields it needs.
Enter your numbers
Market, positioning, economics, and constraints, on one scrolling form. Six worked examples let you see a full result before typing anything.
Get your verdict
A Go, Conditional, or No-Go call, the single binding constraint behind it, six dimension scores, and an eight-year cash sketch with IRR.
Send or print the brief
Copy it, WhatsApp it, print it, or email it to yourself. Nothing is saved on RAYSolute's servers unless you send it.
Get your screening result
Pick a desk, fill in one form, and get a Go / Conditional / No-Go verdict with an eight-year cash sketch. Access is reviewed personally, the same standard as RAYSolute's other calculator tools.
Checking access…
How RAYSolute Passage calculates your numbers
Two models run on your inputs: a six-dimension screening score and an eight-year cash model. Both are disclosed here, not hidden inside a black box.
The screening score
- Six dimensions, each scored 0-100: demand-supply gap (22% weight), regulatory path (20%), capital adequacy (18%), unit economics (18%), timeline realism (10%), and operator fitness (12%)
- Any single dimension scoring below 22 is an automatic No-Go, regardless of the weighted average, the same way one broken load-bearing wall fails a building however good the paint is
- An overall score below 48 is No-Go, 48 to 69 is Conditional Go, and 70 or above is Go
- Regulatory scoring carries known special cases: Singapore's schooling market is capped at a maximum regulatory score of 18 regardless of positioning, and a foreign university's India route depends on the ranking band you select, run separately for the mainland UGC path and the GIFT City IFSCA route
The eight-year cash sketch
- Capacity, an occupancy ramp appropriate to your operator type (a school group ramps faster than a first university cohort, which ramps faster than an acquired chain that starts near full), and your fee (typed in, or a market-typical figure for your positioning) build revenue for each of eight years
- Operating costs are split fixed and variable and scaled to the same ramp; maintenance capital expenditure is set at 1.5% of your typical setup cost every year
- Year eight's EBITDA is multiplied by six for a terminal value, added to that year's cash flow before the internal rate of return is solved (a standard Newton-Raphson iteration on the full cash flow series, initial outlay plus eight years of free cash flow)
- Break-even year is the first year cumulative cash flow, including your initial outlay, turns positive; if it never does inside eight years, the model reports that plainly rather than extrapolating a happy ending
Where the market numbers come from
- Fee bands, typical setup cost, and licence timelines for all 22 markets are screening-grade benchmarks: publicly disclosed fee schedules and regulator guidance, and RAYSolute's own engagement experience, not a commissioned primary survey of any one city
- The GIFT City and Dubai figures are checked against named public sources: the Deakin University and University of Wollongong campus launches (Source: Deakin University, 2024; University of Wollongong, 2024) and Dubai's private-school fee cap (Source: Knowledge and Human Development Authority, 2025)
- Treat a Go here as a green light to commission a proper feasibility study and Detailed Project Report, not as a green light to option land or sign a lease
What a full RAYSolute engagement adds
Passage tells you whether a move clears a first bar. A scoped engagement is what a lender, a board, or a regulator actually needs to see.
Primary catchment work
A site visit, a competitor census, and a household survey in the actual catchment, replacing this tool's market-level benchmark with a number specific to your plot.
Regulatory filing support
The actual UGC, IFSCA, KHDA, ADEK, or state-education-department file, prepared and tracked, not just the route named.
Lender and board-grade model
A full Detailed Project Report with sensitivities, phased capex, and financing structure, built to survive diligence, not a screening sketch.
Request a Scoped Engagement
Share a few details and RAYSolute will follow up with a scope and fee estimate for your move.
Common questions before using RAYSolute Passage
Answers below match the FAQPage schema embedded on this page so AI assistants can surface them directly.
What is RAYSolute Passage?
RAYSolute Passage is a free screening tool that scores a proposed cross-border education move, a foreign university entering India, an Indian school expanding abroad, or capital going into a cross-border education asset, across six weighted dimensions and returns a Go, Conditional, or No-Go verdict with an indicative eight-year cash flow and return.
Is RAYSolute Passage a substitute for a full feasibility study?
No. Passage is a screening-grade first pass built on disclosed, publicly available benchmarks for 22 markets. It tells you whether a move is worth commissioning a full feasibility study and Detailed Project Report on, not whether to sign anything. Site-specific data, primary market research, and regulatory filings still require a scoped engagement.
Why do I need to request access before using it?
Every request is reviewed personally, usually within a few hours, the same standard RAYSolute applies to its other calculator tools. This keeps the tool's outputs meaningful for genuine operators, investors, and institutions rather than open scraping, and lets Aurobindo follow up directly on anything promising.
Which markets does Passage cover?
Twenty-two markets across the GCC, Southeast Asia, Africa, and India, spanning all three desks: foreign universities and K-12 operators considering India, Indian K-12 groups considering the GCC or Southeast Asia, and capital providers considering cross-border education assets.
What happens to the numbers I enter?
Nothing leaves your browser. Passage runs entirely client-side using local storage on your device; RAYSolute never receives your inputs unless you explicitly choose to email or WhatsApp your result.