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FP

FLOLY PRIVATE LIMITED

Saran, Bihar

DPIIT recognised Locality Advertising

In their own words

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.

Written by the company on its public Startup India profile. Not verified by us.

What the record says

DPIIT recognition number
DIPP19044
CIN
U74999BR2017PTC036585
Incorporated (MCA)
2017
Registered on Startup India
2018
Self-declared stage
Prototype
MCA status
Active
Company class
Private
Registrar
RoC-Patna
Authorised capital
₹5,00,000
Paid-up capital
₹1,25,000

Where this is

We know the area but not the address. The pin below covers roughly a kilometre.

Geocode confidence: low

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What we do not know

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