Brands have money, small businesses have Fydo!
Fydo is creating a brand out of local stores and small businesses with the help of a significant hyperlocal customer base. All the businesses are engaged in selling their goods and services but no one pays in marketing nor do they have so much money, resources, and platforms. That’s where fydo comes in, to promote their sales and discounts without having to spend a fortune on advertising. It provides businesses with industry-specific marketing tools to engage customers and grow their customer base while also providing dependable and efficient last-mile service.
By addressing their diverse demands, this platform connects clients and business partners. and giving customers up-to-date details on all of the available specials, discounts, and offers in their area. Customers can use the platform to identify the nearest new or local businesses that are offering fantastic discounts. Additionally, it gives thousands of small and medium-sized enterprises a place to offer their products locally.
If the business chooses to join with Fydo and maintain its expertise, full support and training are given to them. Fydo helps you, even if you’re just starting out, to boost your company’s revenue. Customers can purchase products at the lowest possible cost by opening just one app, taking advantage of offers relevant to them, the Explore area, curated notifications, event spaces, etc., in addition to discovering the offers and deals in various stores.
It is a Microsoft and NASSCOM-backed hyperlocal ad-tech startup. It has currently got more than 1 lakh Customer downloads, and 10,500+ merchants, including 50+ PAN India brands, and it was in the top 10% of the startups that pitched at YCombinator. Customers are happy with redeeming offers and the feedback is really great, with a rating of 4.8 on the Google Play store. Also, more than 50,000 offers have been redeemed till now and with its 100% MoM growth it’s helping merchants scale up their business in the hyperlocal marketplace.
Their Events Booking Platform with Bylines of Insider/BookMyShow is a product that has created a buzz around the country. And received an exclusive contract for 4 significant events in Bangalore, Hyderabad, Sambalpur, and Bhubaneswar, each attracting more than 5000 participants in just a few weeks of its launch! This has opened another avenue for local cafes partnered with Fydo to scout events and easily manage the bookings to establish themselves as a go-to hang-out place.
A digital revolution has begun!
For the growth of your business!
Fydo’s funding information and requirements
Fydo has raised a pre-seed round of 72.5K+ USD to reach a milestone of 1 lakh customer base which they have successfully achieved and now they are looking to raise nearly about 600k+ USD in a seed round to reach 5 lakh+ customer base in 7 cities in 3 Indian states (Jharkhand, Orissa, and West Bengal)