Business Standard

Friday, December 20, 2024 | 03:29 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

MagicPin: Building a hyper-local social network

MagicPin offers reward points to users for sharing their local experiences on its app

Magic Pin
Premium

(From left) Raunak Ramakrishnan, Abhishek Awasthi, Naman Mawandia, Umesh Sharma, Rohit Kumar, Brij Bhushan, Rinshul Chandra and Anshoo Sharma, founders of MagicPin. Photo: Sanjay K Sharma

Ranju Sarkar
Samar and Shweta, working professionals in their early 20s, like to hang around with friends at different Delhi hangouts that play good music, offer good food and are easy on their pockets. Every time they meet in a group, they take photographs and post them on social networks. Facebook, yes, but also MagicPin, a new hyper-local social network.

Like credit cards, MagicPin allows users to earn reward points at local merchants like restaurants, salons or fashion stores for sharing their experiences on the app. ‘‘With smartphones, there’s an opportunity to disrupt the offline retail market. And, the way to do

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in