- Country: India
- Industry: Telecommunications
- Stage: Initial growth (first revenues)
- Investment size: $100,000 / min. $100,000
- Type of investment: Equity
Funding is needed for rapid expansion throughout the country. Our offering to the investors is based on profit sharing.
There are huge opportunities in this field in India. According to TRAI statistics the market size is approxmately 3 lakh crores.
Our products are mainly prepaid recharge (top up) products like mobile, DTH, and Data Card. We have implemented new concept to recharge mobiles through USSD mode.
Recharge (Top up) model:
1. The client makes a missed call to particular number from their handset
2. The dial call number gets automatically disconnected
3. The client receives a message displayed on the mobile screen
4. The client replies to the message (recharge format) to request recharge
5. The client receives recharge from operator
1. The service 100% free of cost for the client
2. All the process is done within 30 seconds
3. Faster response
4. The client can earn free recharge points when refer a friend
5. Any hand set is suitable for this process
Rationale for the deal
If 1 crore out of the 80 crore mobile users register on our portal and we earn 100 rupees from each registration we will earn minimum 100 crores
We will target mobile users across the country. We have different ideas on how to capture market. Right now our project is in final stage, i.e. it is ready to launch market.
Use of financing
The product is ready and we need funding only to market it countrywide.
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