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MG Nation, Balurghat (2026)

10/05/2024

Hi Guys, Thoughts and Updates of the day!,

Pronoy here. As promised, we're sharing our overall progress from last year. Since mid-2022, Mohanta Group and I have aimed to launch potentially India's first conglomerate growth stage startup brand & co backed by VC funding but challenges have slowed our progress.

1) As the Founder & CEO, I've developed a concise yet comprehensive succession plan extending beyond 1 year, even up to 10 years and beyond. We also have a preliminary operational plan for our group. Detailed plans will follow once fundraising is completed, before initiating our growth stage journey. This includes building or hiring a long-term, robust management team of over 40 employees. This ensures that our uniqueness and strength as a conglomerate startup brand don't become weaknesses that could impact us negatively in the future.

2) Last year, Our projected future financial performance numbers were bigger (4X to 10X) than our capabilities. we had made the wrong projection due to our limited real-life experience. Once we commence our growth stage journey, our sole focus will be on generating business financial performance as a group that aligns with our capabilities and business resources only.

3) Since Jan 2014, we've been involved with 9 brands, including 5 subsidiaries and businesses. The noteworthy aspect is the traction we've gained, ranging from good to exceptional, across these 5 businesses, making us a robust group overall as a growth-stage conglomerate startup. In recent years, our primary focus has been on PMZ Wealth Creator, our flagship subsidiary brand, which shows immense potential for growth and profitability. With adequate funds, PMZWC could easily transition into a highly successful Indian brand, along with our conglomerate (MGC) brand. The details of this transformation were discussed in one of our recent posts. Read the full post->https://bit.ly/PMZLinkedin and Learn More->https://bit.ly/MGCEmpire. Thanks to all!.

05/03/2024

Hi Guys, Thoughts and Updates of the day,

Pronoy here, In this post, we've drawn inspiration from BlackRock, the world's largest asset management company. BlackRock is like the biggest lion in our field. Last week, PMZ Wealth Creator entered the scaling stage. Let's delve into some inside info and our company's future vision and goals.

Take a look at the post picture and you'll see a baby lion and a big lion. In terms of future potential market cap, we (Mohanta Group, PMZ Wealth Creator, and I) are now like a baby lion and an Indian minicorn startup. BlackRock, on the other hand, is a big lion, a United States Hectocorn company. however, I believe our capabilities, experience, skillset, and passion far exceed our current size. We've already demonstrated our capabilities through past performance, and we're confident in proving ourselves further in the future :).

Now, let's briefly discuss two key topics: Fund performance and Business financials.

Since our inception in August 2021, we've focused solely on the Indian stock market, generating returns of around 82.42%. Our target is to achieve a total return of approximately 132.42% within the next 31 weeks, marking three years of our journey. This includes our current return of 82.42% and a projected growth of 50% or more over the next 31 weeks. If we reach this target, our fund's three-year average return will be around 44.14% :). By the way, Blackrock's highest average returns over the last three years, among approx 1100 funds globally, stand at 39.39%.

If you check, you'll see Blackrock's financial performance: Gross Margin 77.71%, Operating Margin 37.97%, and Profit Margin 29.56%. Now, let's compare it to PMZ Wealth Creator's results. Since August 2021, we've generated returns of about 82.42%. Read Full Post->https://bit.ly/PMZLinkedin & https://bit.ly/MGCEmpire. Stay tuned & Keep supporting us. Thanks all.

31/12/2023

Hi Guys, Pronoy here, On behalf of the Mohanta Group and myself, I extend warm wishes for a Happy New Year 2024 in advance!.

As we step into the new year, let's embrace the endless possibilities it brings. May 2024 be a year of hope, where dreams take flight and achievements shine brightly. Let's strive for more success in life and believe that what we haven't accomplished in the past, will conquer in the coming year. Happy New Year 2024 :). Learn More->https://bit.ly/MGCEmpire. Stay tuned & Keep supporting us!, Thanks all.

15/09/2023

I think building sustainable great brands & companies is a way harder task than most people think especially when you working for a very large & highly competitive market globally and when you do not have enough business resources to fulfill all the requirements.

In this post context and real-life case, as all of us know "Apple sells simplicity and style, not electronics". now the main question is what we (I & Mohanta Group of Companies- Mohanta Group | Mohanta Enterprises | Mohanta Industries ) stand for in the near future after starting our growth stage journey. As all of you know and I have shared in my lots of past posts - We (I & MGC) a wealth creators & problem solvers and social impact category pre-growth stage & well reputed & self-funded conglomerate (combination of 11 startups - 4 main brands & 7 subsidiaries brand & biz) Indian startup brand & co :).

Anyway, As all of you know after fundraising ($1M) from our targeted group (3-6) of Indian investors (DII), In other words after becoming a venture capital backed company & starting our growth stage journey & setting up our HQ in the Kolkata area (West Bengal, India)-> We'll start operating 5 businesses (24x7Websolution Corporation, Maa Saraswati City Education and Career Centre, PMZ Wealth Creator, PMZ On-Demand, and PMZTV Network) and start providing innovative products & services that will help to our customers (B2C & B2B) almost globally to solve their 3 biggest problems of life- business problem, career problems, and wealth problems :).

Anyway, Guys, I think (As the founder & owner & 8X chief level leader and much more) "Mohanta Group will sell or stand for lots of things but in this post context & in short-> Customer Life Solutions (Ex:- Wealth problems, Business problems, and Career problems), Wealth Creation, and Social Positive Impact". Read More->https://bit.ly/PMZLinkedin and Learn More->https://bit.ly/MGCEmpire. Stay tuned & Keep supporting us!. Thanks all.

01/09/2023

Hi, Guys, Thoughts & Updates of the day,

Pronoy here, As I said to all of you last 2-3 weeks ago, since the last 2-3 months we have been able to become more prepared than past to start our growth stage journey. I think we have completed around 80% to 85% work as per our available business resources. rest of the work (15% to 20%) we'll complete after fundraising work ($1M) & building our long-term (10Y) & great fit Indian investors team.

Anyway, since the last 2-3 weeks, we have started working in our free time to remodify our pitch deck file & make it much stronger & informative than past. we want to make our pitch deck much stronger & informative than in the past because from early 2022 to May 2023, we made lots of mistakes for that reason we got lots of investor rejections (from 10 Indian investors), ignorance (from 35 Indian investors) and objections (from 15 Indian investors). we made most mistakes because of a lack of real-life experience in talking with investors (Angels & VCs) regarding raising funds. we hadn't any real-life experience talking with investors (Angels & VCs) regarding raising funds but the great news is we have now.

Anyway, I think within next 1-2 weeks we'll be able to finish remodifying our pitch deck file & make it much stronger & informative than past. after that, we'll start again contacting our current existing higher potential Indian investors (13+). if we require we'll also contact new potential investors to raise our funds so that we can able to start our awesome growth & massive wealth creation journey soon in the Kolkata area (West Bengal, India).

I think If everything goes as per our game plan then we are possibly able to start our growth stage journey from early 2024 :). Read More->https://bit.ly/PMZLinkedin and Learn More->https://bit.ly/MGCEmpire. Stay tuned & Keep supporting us!, Thanks all.

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Balurghat
733102

Opening Hours

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Tuesday	10am - 7pm
Wednesday	10am - 7pm
Thursday	10am - 7pm
Friday	10am - 7pm
Saturday	10am - 7pm

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73649 66982

Website

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