1. Ordering, billing, preparation, table management, and inventory management services within an outlet on a single platform in a seamless integrated single dashboard platform also offering analytical tools for quick business analysis and decision making.
2. MYFOJO App is a well-equipped e-commerce-enabled platform with multiple e-commerce options and solutions for various food industry verticals.
3. Aggregation and delivery services from outlets to consumers in hyperlocal, mid, and long distances.
4. Capability and capacity for the integrated use of social platforms and content creation services to enhance the e-commerce experience.
5. One of the largest food related databases forms an engine that allows consumers and businesses to make choices and create use cases at will.
Startup Description
MYFOJO is set to transform the food market by bringing together businesses and consumers on a cutting-edge multiservice platform. Our method incrementally maximizes value, reducing costs and increasing demand using advanced technology. Through a flexible and expandable solution, we enable businesses with minimal tech hassle while providing consumers with a unified, user-friendly platform for accessing a multitude of services within a single app.
Product Screenshots
Business Model
In the realm of e-commerce solutions, the standard offering involves a percentage of Gross Merchandise Value (GMV). Food outlets contribute 8% of their GMV, whereas FMCG entities contribute 15% of their GMV. The extended offering introduces on-demand services with flexible A La Carte pricing. The revenue model encompasses various subscription services tailored to different stages and sectors. During the Acquisition Stage, food outlets can subscribe for Rs. 5,999 per month, while FMCG entities have a subscription cost of Rs. 15,999 per month. As the business consolidates its revenue, the subscription rates for food outlets increase to Rs. 11,999 per month, and for FMCG, it rises to Rs. 24,999 per month. For the B2C segment, a freemium model is in place, allowing users to access basic features for free or choose a subscription plan at Rs. 99 per month.
Customers
based in
India
Business
Modal Type
Mobile App
Type of
Sales
B2B
Competitors
* Petpooja
* Toast
* Zomato
* Swiggy
* Magicpin
Teams
Sandeep Raina
Founder, CEO
Sanjay Prakash
Co-founder, CRO
Vaibhav Vishen
Co-founder, Domain Expert
Mohit Gupta
Technology
Tell us a bit about how founding team knows
each other.
- Ex-colleagues
- Relations
- Common Interests
- Experience in the Relevant Field
Why did you decide to start this
company?
- Passion for food
- Deep knowledge of food
- Passion for technology
- Potential for value-add
- Underserved market
- Highest growth market
Are all the founders full-time on this
project?
Yes
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