Washington DC, January 10, 2017 --- Sagoon ( www.sagoon.com ), a US/India based social commerce startup, announced the filing of a Regulation A+ (Mini-IPO) with the US Securities and Exchange Commission (SEC) to offer an investment opportunity mostly to a large pool of potential public investors who already are a part of Sagoon users, fans and supporters.
Connect, Share, and Earn
Invest in Sagoon
As the Internet has continued to evolve, we’ve seen significant shifts in the way we communicate and how we make purchases. Social media has become a steady influence in our everyday lives, with 2.8 billion people across the globe now using at least one network. E-commerce is no different, as we’re now able to shop from anywhere, at any time, on any device, bringing a world of products to our fingertips – so much so that a recent estimate suggests the global business-to-consumer cross-border e-commerce market could reach $1 Trillion by 2020*.
However, what’s missing is a platform where users can both communicate socially, shop and be rewarded for doing so - until now. Sagoon was founded to fulfill this growing demand.
Sagoon is a "social movement"
- We want to build meaningful and productive relationships with people
- We want to enrich the quality of social interactions and share our earnings with our users
$23/share│When you invest you are betting the company’s future value will exceed $78.3M.
Bronze Level - INVEST OVER $1,0012
Receive Sagoon “Good Luck” investor ID card.
Receive an invitation to our first shareholder Annual General Meeting (AGM) reception, to which we plan on inviting celebrities.
Silver Level - INVEST OVER $10,000
Receive all previous, plus:
2 nights' stay free in a hotel during the AGM reception.
Have some input in how our company is run.
Gold Level - INVEST OVER $20,000
Receive all previous, plus:
A free tour of Sagoon’s offices in US and India.
Have your name posted on the wall of Sagoon offices.
Platinum Level - INVEST OVER $50,000
Receive all previous, plus.
Have your name posted on a “Golden Plate” in Sagoon’s offices
*All perks occur after the offering is completed.
Sagoon is a FREE social commerce app that enables people of all ages to Connect, Share and Earn. This multi-application platform currently offers three products – MyDay, Secret Sharing and MoodTalk – which allows users to build true connections, share useful experiences, and earn while socializing.
Users benefit with the current offer:
- Build knowledge base of information that is free from anxiety and depression
- Gain peace of mind and maintain a productive life at home and at work
- Rebuild meaningful connections with their loved ones
Android App is Available for Global Users
In Jan 2018, Bollywood star Shraddha Kapoor launched Sagoon’s Android app at an event in New Delhi. The launch event symbolized the beginning of a “New Social World from South Asia” and promoted the theme of solidarity between India, Nepal and USA.
Since its launch, over 1 million people have downloaded this app and support us in our long-term mission of changing the way we use social media today.
Bollywood actor, Shraddha Kapoor sharing a light moment with Sagoon Co-Founder, Swati Dayal
Social Smart Card: Coming Soon
Social Smart Card is a single digital card for fulfilling all the shopping and gifting needs of our users. It allows users to earn money while shopping, redeeming coupons and gifting their loved ones. We are planning to launch the beta version of Social Smart Card by the end of 2018.
- Gift: Users buy and send gifts to loved ones
- Shop: Users redeem buying goods and services
- Earn: Users get a percentage back on each transaction
iOS App: Coming Soon
We have a dedicated team working on the development and launch of the iOS app. They are well-versed with latest technologies and are not leaving any stone unturned for ensuring flawless development.
We are focused on more than $300 billion social commerce market. We intend that our major revenue sources in the first phase will be “gifting and socializing” coupons.
We believe we are the pioneer of social media monetization – a unique business innovation that has the potential to change the way the social media landscape is used today.
We are positioning Sagoon as a social movement. The motivation in investing in Sagoon is not just to get financial returns but also to foster innovation from an isolated community and underserved market.
We are a very passionate and committed team of entrepreneurs, who have full confidence in what we observe, perform and execute.
The word 'sagoon' is a well-recognized household name among billions of people in South Asia and other parts of the world.
We are developing the opportunity for users to earn money while they socialize with their loved ones; it will be made possible through a ‘Social Smart Card’ that we believe creates a spin cycle of positive outcomes - more gifting, more advertising. That is our plan for successful growth.
We have a long-term vision. Since inception, our development headquarter in India has focused on South Asia, where more than 600 million potential users access the Internet. We are also located in Nepal - a transit spot to China where more than 900 million potential users surf the Internet
Market and Competition
Technological and Competitive Advantages
R & D Costs
We operate and function majorly from India, which lowers our product development cost five times as compared to our competitors’.
Product and Services
We offer our users to indulge in social media and online gifting from a single platform. This way we allow users to save time that one often wastes while going from social sites to different online gifting sites.
Users will receive an online “Social Smart Card” that allows them to redeem coupons, give gifts, and also earn financial rewards – all while socializing with friends and family. Its usage will allow every user to earn a percentage of Sagoon’s revenue.
South Asian Market
We think we can hugely influence this market as we believe we culturally fit into it more easily than our competitors.
We plan to use a data-retrieving method based on advanced mathematical formulae that support Semantic Web and Natural Language Processing (NLP), machine learning, artificial intelligence and blockchain technology to support our current and pipeline products.
Sagoon aims to be a GIFTING company.
We believe that the company is set to disrupt the $300 billion worth social gifting market and plan to share earnings with every single user by offering to CONNECT – SHARE – EARN.
People want their lives to be more fruitful. We just don’t want you to connect. We want you to build a meaningful relationship with your people and want your time on the Sagoon platform to be useful - productive and better organized.
We understand that each relationship in your life is special. Our aim is to enrich the quality of interactions with the people who matter the most to you. We don’t want you to share everything you find with your people, which is common on most other platforms. That creates boring relations. Instead, we built a platform where you can share your experiences, feelings and thoughts that would create better bonds or turn out to be a life-saving gift to others.
The complex where Sagoon is located
We want to share our earnings with you. By spending time with us, we want you to enjoy, and earn knowledge and cash rewards.
Sagoon intends to achieve its mission of making the world a better place to live by helping people build true connections, share useful experiences and earn while socializing. We believe reinventing the concept of social gifting would improve people’s relationships and make them cherish each moment spent with their loved ones.
Therefore, we call Sagoon a “social movement” - CONNECT – SHARE – EARN
We are in India: Sagoon India Pvt. Ltd.
We are in India to reinvent the wheel. We plan to combine the experience, culture and success of Silicon Valley with the incredible talent that gives India the chance to change the world. Our plan is to roll out the same culture of product delivery, the same business model and retail concept, the same game plan, the same investment opportunity, the same employee benefits, and the same successful management team that a Silicon Valley company would.
We believe we have the potential to go bigger and much better because of the size of the South Asian market compared to the U.S. market – more than 600 million Internet users at present, a figure that is projected to reach more than 700 million by 2018. We have a team and an infrastructure already in place. We plan to hire and build a bigger team with key management, developers and engineers after closing this offering.
We are in Nepal: Sagoon Nepal Pvt.
We are in Nepal to leverage the full potential of the hidden talent that this mountain nation possesses. We admire the hard work, the appetite to learn new things and the hunger of Nepalese to carve a name for themselves to the extent that we have planned to start making a framework of the IT hub in Nepal. We already have established an office in one of the prime locations of Kathmandu and that is just a start.
A Word from Our Founder
"We have a vision of a world where everyone makes money while they socialize. You can help us achieve that vision by investing in Sagoon."
— Govinda Giri