In the quest of solving problems like pollution, poverty, and underemployment, we at Floly are creating a platform for local peer to peer advertisement. In which Anybody can be a brand ambassador of any shop or entity near him. Which will make that person, earn real money solving underemployment to some extent. And it will also discourage the shops to use banners, ads boards, and pamphlet distribution method for advertisement, reducing pollution in smaller cities and towns. On the business side of the model, we can see that the market size is huge as the number of shops is way more than what a survey can tell. It will also be cheaper than other local advertisement methods and can be affordable for very small shops as one can start advertising with as low as 1 rupee. On the other hand, why will common users use our application? Well, not to be confused by MLM scheme, as our model uses that same peer to peer tree (up to three levels) but instead of charging money to a member, we seek loyalty and trust. And in return, we provide lots of benefits. This includes offers/discount at nearby stores and most importantly, the ability to earn unlimited money.
Other business activities
Source: Ministry of Corporate Affairs company master (open data). Capital figures are as-of the 2021 registry snapshot, not live.