Zain Farooq
Lahore, Punjab, , Pakistan
A Strong marketing professional. Worked as a general manager at Felpa Group, now known as Felpa Global Consultants (FGC), co-founded in 2015. Subsequently founded MyTM along with two tech Co-Founders in Pakistan.
Worked closely in co-ordination with the Human resource bureau at district and municipal level at International Entrepreneurs Corridor; the first of its kind in China, established in December 2015 and recognized by the Dalian municipal government and the Pakistani embassy in China in March 2019. I am also the co-founder of IEC and helped to establish over a dozen companies belonging to entrepreneurs from five different countries in China. I have been a mentor of multiple international business, financial and marketing students from America, UK, France, Senegal, Thailand, Australia, South-Africa and so on. I have clear vision regarding policies for foreigners for operating companies in China. I Frequently held seminars for awareness regarding entrepreneurs’ policies in China. A pure entrepreneur at heart.
Working on software projects related to social networks and third-party Payment gateways. Founded MyTM in August 2015 and since then have struggled to make his dream into a reality. Two main concepts of this project are youth empowerment and economic alleviation of the Pakistani Nation. In March, 2019 this project got its first round of investment from Rentracks (Japan). MyTM is the first social messaging app with audio and video calling option, along with a social network called MySocial. The app is the first of its kind in Pakistan to offer purchase of Airline Tickets Operated by MyTM Travels Pvt. Ltd. Four-comics competition, account management and Electronic funds transfer are some of the add-ons of the app. With a vision to bring the corporate sector to the public, MyTM aims at identifying the potential of IT and e-commerce industry of Pakistan and owns the mission of creating 50000+ jobs in Pakistan by the year 2029.
Start-Up Details
MyTM
- Industry Financial Services
- Website https://mytm.pk/
We empower retailers and merchants by providing them a one-stop solution to cater to the financial needs of the banked, unbanked, and under-banked simultaneously. The customer does not need an android phone or a prepaid digital account in order to pay their bills, buy intercity tickets or apply and repay for loans at MyTM-enabled outlets. We have introduced a hybrid model in this space. Cash-based and cashless transactions can be carried out simultaneously.
We are working primarily on financial inclusion and our customer-centric approach is giving our customers the option to conduct cashless and cash-based transactions through our consumer app and retail network concurrently. We see ourselves thriving on a culture of service. Our retail network plays a pivotal role in educating the customer and we accompany them in solving issues that arise in real-time.
Preferences
- Raised Less than $200,000
- Raised Less than $1,000,000
- Did not raise capital
- Raised Less than $500,000
- Has no cashflow
- Has no employees
- I'm open to business proposals / partnerships from other founders.
- $6,900,000 - Seed - 2022 Mar 08