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MOFY Daily Needs App

location_on

Maharashtra, India

Short Summary

Consistently achieving ~20% gross margin in micro delivery model with small scale, potential increase expected at higher volumes. Open For Franchise Enquiry

Overview

Target
Rs.2,50,00,000
Minimum
Rs.1,00,000
Investment Raised
Rs.1,25,00,000
Previous Rounds N/A
Stage Achieving Sales
Investor Role Any

Highlights

  • 16K+ Downloads on Google Play Store in just 1 City ~1.3 yr
  • 3K+ Monthly Active Users, membership growing at 20% per month
  • Serving 14K+ orders, 99.3% of total orders recieved
  • Long term Customer Retention Rate at 79%
  • Franchise in progress for 3 major cities
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Angel Investment Network (“AIN”) is not a Stock Exchange nor does it intend to get recognized as a stock exchange under Securities Contracts Regulation Act, 1956. AIN does not facilitate any online or offline buying, selling or dealing of securities, clearing or settlement of trades of securities. AIN is not a network or a platform for the secondary market trading.

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