Sagoon Introduces Social Commerce App Enabling Users To Connect, Share And Earn
Launches app and opens the 3rd round of
crowd-funding exclusively for Indians
US based start-up Sagoon Inc., the social commerce platform enabling its
users to Connect, Share, and Earn, announced the launch of its mobile app within
the Google Play Store. The app launch announcement comes with Sagoon opening
doors for Indian consumers to invest in company’s 3rd round of
crowd funding through debit/credit cards.
A social start up, Sagoon helps build intimacy
between family, friends and co-workers, and earn while they socialize. The
aspect which differentiates Sagoon from other similar social media platforms in
the ecosystem, lies in its unique approach. It allows users to connect with
other like-minded people and earn reward points in exchange of sharing their
personal experiences through its virtual platform, thus, validating the company
motto: CONNECT, SHARE, EARN.
“We are thrilled to announce the
availability of Sagoon app, and to enable our users in India
Sagoon envisions to create a world where
everyone makes money while socializing. In this regard, the company seeks to
pioneer the monetization of social media, enabling its users to earn financial
rewards while connecting with their friends and loved ones, and sharing
experiences from their day-to-day lives.
Commenting on the launch, Ms. Swati Dayal, Co-Founder & Executive Director said, “This is an exciting time for
the Company, as we have come up with a revolutionary step by being the
first-ever company allowing potential investors in India to invest in Sagoon
using their debit/credit cards. We are also planning to launch the Social Smart
Card which will enable users to fulfil their shopping and gifting needs and
earn monetary rewards while doing so. This will reinvent the concept of social
gifting would improve people’s relationships making them cherish each moment
spent with their loved ones.”
Scott Purcell, the CEO of Prime Trust and Fund America, said “Sagoon is launching the very first
Reg A of the crowdfunding industry that accepts credit cards and debit cards. I
think it is a revolutionary step to allow potential investors to invest from
the comfort of their homes. It will save them a lot of time and effort, and act
as the cue to other fundraising companies to keep investors’ comfort in mind.”
The Company also announced it has raised $4.8M
in funding, following the close of its first Regulation A+ offering on November
30, 2017. Of the $4.8M raised, $3.3M was secured through more than 3,000
investors within the Regulation A+ offering. The other $1.5M was secured
through private funding.
Key features of Sagoon include:
· My Day: Enhance your
productivity and simplify your life by creating schedules, to-do lists, and
setting reminders. Share these activities with your friends to plan meet-ups
around your schedules.
· Mood Talk: Mood
Talk is a chat feature that enables users to communicate using “moods” rather
than words, as a real-time expression for how you are feeling at a given time.
Users can set custom moods to happy, sad, sick, etc., which vanish after 24
hours.
· Secret: Secret
allows users to learn, explore, and experience different ideas and communities
within the comfort of an anonymous space. Users can share their secret to the
public and seek advice without being judged, or send one-on-one secret messages
that vanish after they are read.
Sagoon is an early-stage social commerce platform that offers users
a chance to make money while socializing. The word “Sagoon” is derived from the
Sanskrit word “Shakuna”, meaning “an auspicious moment” or “good luck”. First
launched as a search engine in 2009, Sagoon evolved into a social commerce
platform in 2014 with the mission of helping people to better Connect, Share,
and Earn. To connect with Sagoon, visit www.sagoon.com or “Like” the Company on Facebook. To invest in the company through its Regulation A+ offering,
please click here.
To download Sagoon Android App please click here >>>
No comments