• Target

    £6,000,000

  • Type

    Equity

  • Close Date

    Sep 1 2019

  • Status

    Open

RISK WARNING: Your capital is at risk. The risks include: the lack of liquidity in this market in terms of being able to realise investments and the loss of the value of investment. When you invest any loss in value will not be covered by the Financial Services Compensation Scheme.
Please read FULL risk warning.

flypop limited

Providing UK passengers with low-cost non-stop flights to important Tier 2 cities in India & South Asia.

Flypop logo clear

Investment closes only once the total pledged amount passes the minimum of £6,000,000

Total Pledged: £2,000,000
Max

£6,000,000

A pledge is not a commitment. You will be asked to confirm in the next section.

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Overview

flypop is an innovative and disruptive low cost long haul airline, providing consumers with direct flights to second tier cities in South Asia. It intends to operate non-stop flights from London Stansted Airport to South Asia, targeting the growing travel requirements of the visiting friends and relatives, tourism and business segments. The airline's first two South Asian city destinations will be Amritsar and Ahmedabad and will soon expand to Kolkata, Pune, Goa and Cochin. flypop is committed to protecting the environment and aims to be the first truly carbon neutral international airline and will do this by supporting carbon offsetting projects that are operating in the geographical areas it services.

  • Sector: Leisure and Entertainment
  • Region: UK: London
  • Stage: Pre-revenue, over £200k to £1m invested to date
  • Eligible Tax: EIS
  • Board Requirement: Will consider further board appointments
  • Pre Money Valuation: £9,000,000
  • Share Price: £11.68
  • Originator: Envestors
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Originator


Originator: Envestors

Investment Focus: Equity and Debt

About: Envestors is a FCA regulated corporate finance adviser in the UK and operates an international network of sophisticated investors investing an average of £42,000 in high growth unquoted companies seeking £250,000 to £2m in equity funding.

Contact Name: Oliver Woolley

  • Registered Investors
    Over 1000
  • Investment through platform
    Over £100m