I’m Mahesh Avula and I represent FRNDpay. It’s a credit card payments platform where users can pay their credit card bills even if they don’t have money. We’re looking for seed funding for our startup. We’ve been working on this for the past 1.5years without expecting anything and we’re partnered with major companies to take this forward. We’re just left with the development of the product. Since we’re bootstrapped, we’re in short of funds.
Utilization of funds:
Application development: Rs. 20,00,000
Security compliance certification: Rs. 3,00,000
Background verification software: Rs. 2,00,000