AIN
TUMMOC

TUMMOC

location_on Karnataka ,  India

The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Investors should carry out their own due diligence and take professional advice where necessary.

Short Summary

TUMMOC is India's India's first Patented-All Mode Intracity Journey Planning and ticketing App for 75+ million daily users. We have more than 4 Million users in 22 plus cities and have grown 3X in the last 12 months in Users, Revenue/GTV, and DAU/MAU

Highlights

  • Have recieved termsheet of INR 15 Cr (closure in 75-90 days)
  • Opportunity to get valuation jump of 50% in 90 days, 2.5X exit in 18 months
  • Revenue Achived: INR 4 CR (3X Jump), EBIDTA positive
  • Already closed $2.5 million from Finvolve, IPV, WFC, and other angels
  • India's first PATENTED technology over writing Google, Amazon and Uber.

Overview

Target £250,000
Minimum £4,000
Investment Raised £40,000
Previous Rounds £1,700,000
Stage Achieving Sales
Investor Role Any

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This promotion is exempt from the general restriction in section 21 of the Financial Services and Markets Act 2000 on the communication of invitations or inducements to engage in investment activity on the grounds it is made exclusively to ‘investment professionals’ within the meaning of Article 19 of the Financial Services and Markets Act (Financial Promotion) Order 2005 (FinProm); persons believed on reasonable grounds to be ‘certified high net worth individuals’ within the meaning of Article 48 FinProm; persons who are ‘certified sophisticated investors’ within the meaning of Article 50 FinProm; and persons who are ‘self-certified sophisticated investors’ within the meaning of Article 50A FinProm.

If you are in any doubt about the investment to which this email relates, you are strongly recommended to consult an appropriately authorised financial adviser qualified to give advice in relation to investment. This investment opportunity will not necessarily be suitable for all recipients of this email. Applications to subscribe for shares will only be accepted at the company's discretion from persons eligible to invest.