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Published byGerald Haynes Modified over 9 years ago
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By Karthikeyan, Founder and CEO, Fastura Technologies One Stop for All Mobile Solutions in Commodity & Equity Markets
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Multi Commodity Exchange (MCX) is India's No. 1 commodity exchange with 83% market share More than US$ 1.24 Trillion turnover every year Highest daily turnover of INR 1,19,941 crores More than 470,000 trading terminals spanning over 1894 cities and towns across India. More than 2000 Brokerage/Trading Companies are performing in MCX
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MCX is running for almost 14 hours daily Prices are updating every seconds Market movement cannot be predictable as easily Available MCX apps are not easy to understand MCX Traders cannot watch the live price on Computer/ TV all the time
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Our Solutions Our App MCX Market Tracker is the only mobile app which gives Calls(Tips), Pivot Levels,Chart and Live Price Our intuitive UI helps to understand the Market movement easily All commodity prices running on a single screen Fast loading and refreshing in seconds One Time authentication Accurate Tips and Guidance Pivot levels
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Company Status and Progress One Product, 30000+ Users, 500+ Paid Customers less than a year Generating revenue crossed 850000 INR at 0% marketing cost and effort NASSCOM shortlisted startup HOT100.technology Award Winner Shortlisted for Google Startup Launch Program Two products are in development stage
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The Market No.1 Commodity Exchange in India 2.1+ Million commodity traders are trading in MCX 11+ Million equity market users MCX is the third largest Commodity Exchange in the world 200+ billion rupees turnover per day in MCX 1199.1 billion rupees is the highest turnover in a day 2200+ brokerage/trading companies are doing business in MCX Our App is on top3 in Google Play Store
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Customers Our App is highly appreciated by our customers Average rating is 4.1/5 More than 81% of users of our app are giving positive comments Average Active users are 4000+ every month More than 30000 unique downloads 500+ paid customers
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Competition and Our competitive advantage Our App is on top when your search google play among 200+ MCX apps. None of the mobile app is giving live price along with accurate tips, pivot levels and Chart One time authentication, single screen live price UI and color indication are reducing the User’s pain. Very good customer support, Monitoring the service till 11:55pm
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Business Model Recursive subscription for paid customers after trial period is over Raising Ad/Sponsors for free service Dealing with Commodity Brokerage companies Monetizing the MCX User Contacts Developing a Market Mobile platform, Customize and Sell the app
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Marketing Plan Binding our service with Brokerage/Advisory companies plan Giving Ad on Market Magazines/Papers/Sites with special coupons Finding the resellers Online Advertisement on Google/Facebook Designing the Mini Plans at lowest rate
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Management Team, Advisors
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Financial Projections
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Raising Fund We are raising 1 Million USD in fundings for our Award winning start-up We welcomes Angel Investors, Venture Capitals or any other investors We have a good record of revenue generation and good line of products
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Timeline of Milestones
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Summary Our purpose is to enable individuals and businesses to manage Market risk and increase their profit. We provide Commodity and Equity Market products and services tailored to meet the specific and ever-changing Market risk exposures facing our customers. We build value for our investors through the strength of our customer’s satisfaction and by consistently producing superior operating results.
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