Photo - My Cash Easy
24689

My Cash Easy

India
Market: Services
Stage of the project: Operating business

Date of last change: 12/25/2017
Min investment
$  100.000
0
Total required
$ 300.000
Rating
equalizer 100 из 1000
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Idea

''MyCashEasy'' is an electronic commerce retail portal purely for B2B businesses only for selling services belonging to various principals of MyCashEasy as the Master Distributor / Distributor / Retailer for its principals.

We offer convenient solutions to all your electronics payments like prepaid recharges, travel and utility payments etc. Our day-to-day domestic and official payment facilities guarantee complete peace of mind.

Current Status

Company Details
Company Name : MCE Digitech Pvt. Ltd.
Product Name : My Cash Easy
Nature Of Business : Online & Offline Mobile & DTH Recharges/Bill Payments, Travel/Hotel Booking & Much More.
Web Address : www.mycasheasy.com
We are currently operating in more than 7 states ( Delhi, Rajasthan, Haryana, Punjab, Uttarakhand, West Bengal, Assam, with approx. 15 cities and still expanding with more than 15000+ managed retail networks.



Problem or Opportunity

“My Cash Easy” has been providing all these services since almost 2 years. With every moving we work to thrive in the market with even better services.
Currently we are into 7 states and we plan to expand our services reach to all 25 states in INDIA.
Currently we have our head office in Kanpur-UP, With our growth prospects and the simplicity of the outreach we propose to open at least four office in every Zone of INDIA (North/East/West/South).
Businesses such as ours develop well on the distribution networks and we plan to make it to the top in the market shares in the coming 2 years as our parallel expansion and development plans.
Our strategies for growth are simple –
Earn the marketing network
Manage the marketing network
Grow the marketing network
Protect/ prevent the marketing network.
Our revenue generation model is unbeatable as we have multi-level earning strategies in place phase vise. Currently our revenue generation is directly proportionate to the market acquisitions.

Solution (product or service)

SERVICES WE ARE OFFERING TO OUR CHANNEL PARTNERS IS AS FOLLOWS:
 Mobile Recharges
 DTH Recharges
 DATA Card Recharges
 Postpaid Bills
 Land Line Bills
 Electricity Bills
 Water Bills
 Gas Bills
 Insurance Premium
 Travel & Stay Booking
 Money Transfer (IMPS+NEFT)
 mPOS
 CASH@POS

Competitors

ITZ Cash Card
Oxigen
My Mobile Payments Ltd

Advantages or differentiators

• Currently we have a breakeven model and as we end the networking phase we will be required to pay the salaries and rents with other expenses (traveling, B&L etc.)
• We are proposing an investment of 3 Cr. for 51 percent of the equity shares.
• The ROI is 5% yearly only.
• We are open to discuss the details as we get closer to the commencement of the investment.

Money will be spent on

To expend our business almost pan INDIA

Offer for investor

• We are proposing an investment of 3 Cr. for 51 percent of the equity shares.
• The ROI is 5% yearly only.
• We are open to discuss the details as we get closer to the commencement of the investment.
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Idea
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Money will be spent on
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