Fasttrackgrow a recently launched investment platform in 2023, has gathered attention in the direct selling business.
However, upon nearer inspection, several red flags appear, casting doubt on the lawfulness of Fasttrackgrow.com, which we are going to review in this post.
Table of Contents
What is FasttrackGrow?
Fasttrackgrow.com is an investment podium. It is operated below Aashi Fasttrack Dial Services Pvt. Ltd. The company has the privilege of offering business investigation services and is involved in direct selling.
Mr. Anand Kumar is the owner of the corporation, and Amit Chaudhary is the digital marketing manager. Its main products include Fasttrack shoes, watches, and t-shirts.
Therefore, users are encouraged to choose an account type, submit a request, and fund that account upon approval.
Website Profile
Website | Fasttrackgrow.com |
Name | Fasttrackgrow.com |
Product/Services | Investment, Network Marketing, Business Analysis |
Domain registration date | 17-Jun-23 |
Address | Kushinagar, Uttar Pradesh, 274402 |
Contact | +91 9628647065 |
Fasttrackcare5@gmail.com |
Income Plan of FasttrackGrow
Therefore, around a free-to-join plan, four income streams are created based on recruiting people in the network.
The platform offers four types of income:
- Matrix Income
- One-time level Income
- Royalty Income
- Welcome Bonus
Networkers – the extra individuals in the network – are paid income by a matrix based on how many extra members they have in the network. Once the company makes a team of 120 people, 2% of the company’s income is unlocked into royalty income. Maximize your welcome bonus up to Rs 2500 by approving Rs. 100 on every joining. So they have a minimum withdrawal limit of Rs. 200 and 5% withdrawal deduction.
Regulatory Filings of Fast Track Growth
All companies in India are required to file various documents like financials, loan agreements, lists of shareholders, details of directors, details of funding rounds, and a lot more. So, these documents are credible and offer incredible insights about a company. However, understanding a company by viewing its documents is an extremely difficult and time-consuming process.
Their reports are designed to save you significant time by surfacing key information easily and structuring it in a way that helps in your research.
Understanding the key findings and information in reports can be crucial if you’re a customer, vendor, investor, partner, or even a potential employee of Fast Track Growth.
Fasttrackgrow.com Review
Upon investigative Fasttrackgrow.com and its user experiences, several negative features become apparent:
The use of the renowned Fasttrack in the platform’s name increases anxieties about potential trademark infringement.
- So its website is poorly developed.
- Possibly fabricated information about the owner, Mr. Anand Kumar, adds to doubts surrounding the platform’s credibility.
- The presence of an apparently fake address further queries the legitimacy of Fasttrackgrow.com and its operations.
- Despite the privileges of having an app on the Play Store, the presence of a Fasttrackgrow.com app raises concerns.
Immediately, multiple red flags were raised with fasttrackgrow.com. So this includes using a well-known brand name, a poorly developed website, fake naming of the owner, and false address details.
Therefore, the business plan and work processes are quite unclear. It diminishes the platform’s credibility even further, with the absence of a Play Store app. So given all these factors, people wishing to be engaged by Fasttrackgrow.com should exercise caution in that regard.
FAQs
Whose is the website FasttrackGrow.com?
It is mentioned that Mr Anand Kumar is the owner of the building.
What products does FasttrackGrow.com offer?
Fasttrackgrow.com promises that they sell Fasttrack shoes, watches, and t-shirts.
Is FasttrackGrow.com a scammer?
However, it is dubious in all aspects, taking into account red flags such as poorly developed websites, fake addresses, and possibly fraudulent owner information.