Welcome to the ultimate guide on Osmose Technology Pvt Ltd, where we’ll take a deep dive into this innovative platform, explain its login process, and discuss how to leverage the opportunities it offers.
Whether you’re entirely new to Osmose Technology or have heard a bit about it and want to know more, we’ve got all the information you need in this post.
From understanding what Osmose Technology is, to its earning potential, registration process, and common concerns, we aim to give you a complete overview so you can make an informed decision before engaging with this platform.
What Is Osmose Technology Pvt Ltd?
Osmose Technology Pvt Ltd is a private e-commerce company headquartered in Pune, Maharashtra, India, founded on December 24th, 2019.
Originally, Osmose Technology started with a focus on health-related products, but quickly expanded to offer a wider range of items, positioning itself as a competitor to large e-commerce platforms like Flipkart and Amazon.
Over the past few years, Osmose Technology has also evolved into a network marketing platform, where users can earn money by signing up, shopping, and participating in its referral program.
While this model is attractive to many users looking to supplement their income, it has also sparked some controversy, which we will discuss in more detail below.
Here are the key highlights of Osmose Technology Pvt Ltd:
- Company Name: Osmose Technology Pvt Ltd
- Date of Establishment: December 24th, 2019
- Location: Pune, Maharashtra, India
- Company Identification Number (CIN): U72900PN2019PTC188640
- Authorized Capital: 5,00,000 INR
- Type of Business: E-commerce with a network marketing model
The Login Process for Osmose Technology Pvt Ltd
If you’ve already registered with Osmose Technology, accessing your account is easy. The platform’s user dashboard offers various tools to shop, manage your referrals, and track earnings.
Step-by-Step Guide to Osmose Technology Login
Here is how you can log in to Osmose Technology Pvt Ltd:
- Visit the Official Website: Navigate to Osmose Technology’s login page.
- Enter Your Membership ID: You’ll be prompted to input your Membership ID (issued during registration).
- Input Your Password: Type in the password you created when registering.
- Click on ‘Login’: After entering your details, hit the Login button to access your dashboard.
Once you’re logged in, you’ll be able to explore the user interface, where you can shop for products, refer friends, and track your earnings.
Important Note: You need to have a Membership ID to log in. If you don’t have one yet, you must complete the registration process, which is discussed in the next section.
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How to Register for Osmose Technology Pvt Ltd
If you haven’t registered yet, the process is simple and straightforward. Here’s how you can get started with Osmose Technology:
Step-by-Step Registration Process for Osmose Technology
- Visit the Registration Portal: Go to cpanel.osmosetech.com/NewJoining10.
- Provide a Sponsor ID: You’ll need to enter a sponsor ID from an existing Osmose Technology user to proceed. This ID is crucial as Osmose follows a referral-based system.
- Fill in Your Personal Details: Enter your full name, mobile number, and other required details.
- Input the Security Code: Fill in the CAPTCHA code displayed on the screen to verify you’re a human.
- Make the Payment: The registration requires a fee of Rs. 1180, which can be paid via popular payment platforms like Google Pay, Paytm, and PhonePe.
- Receive Your Member ID: After successful registration, you’ll be issued a Member ID and login credentials. These details will be used to log in to your Osmose Technology account.
Understanding the Osmose Technology Referral Program
A key aspect of Osmose Technology that draws many users to the platform is its referral program.
Once registered, users can start earning money by referring others to join.
How Does the Osmose Referral Program Work?
- Initial Payment: To become a member of Osmose Technology, you need to pay Rs. 1180. Upon payment, you will receive a shopping coupon worth Rs. 1200, which can be used to buy products on the platform.
- Daily Earnings for Referrals: For each referral, you earn Rs. 20 daily. If your referred member also refers someone, you earn Rs. 5 daily for each of their referrals, and Rs. 2 daily for referrals made at the next level. This multi-level referral system provides consistent earning opportunities.
- Coupon System: Osmose Technology offers a coupon system where members can redeem their Rs. 1200 coupon to purchase goods from the platform. This makes the initial investment worthwhile, as the coupon value matches the registration fee.
Is Osmose Technology Legitimate?
A crucial question many potential users ask is whether Osmose Technology is a legitimate platform or if it is a scam.
While the company is registered and has a valid CIN number, its business model raises some concerns, especially around its network marketing and cryptocurrency dealings.
The Pros of Osmose Technology
- Legally Registered: Osmose Technology Pvt Ltd is registered with the Ministry of Corporate Affairs, giving it an official standing. Its CIN number shows that it is a genuine entity, initially set up with the correct processes in place.
- Earning Potential: The platform offers users a way to earn money through its referral system, which can be appealing for those looking for supplementary income. The ability to earn daily makes it seem like a good opportunity.
- Initial Return on Investment: Upon paying Rs. 1180, users immediately receive a Rs. 1200 coupon, which ensures they can get their money back in the form of products. This makes the initial investment risk lower, especially if you’re interested in the platform’s product offerings.
The Cons and Concerns
- Withdrawal Issues: There have been multiple complaints from users who have faced difficulties withdrawing their funds from the platform. Many investors claim that the company has delayed payments or stopped honoring withdrawal requests, leading to frustration.
- Cryptocurrency Restrictions: Initially, Osmose Technology allowed users to pay and receive earnings in Bitcoin. However, after the Indian government’s ban on cryptocurrency transactions, the platform began facing issues with payments. This regulatory pressure has made it harder for users to cash out their earnings.
- Scam Allegations: Some members believe that Osmose Technology has shifted from a legitimate business to a scam, especially as the investment amount was recently increased to Rs. 2400 without an equivalent rise in returns. Many users have voiced concerns that the company is no longer delivering on its promises.
- Pyramid Scheme Model: The multi-level nature of the referral program, where users make money mainly by bringing in new members, raises red flags. Pyramid schemes are illegal in many countries, and while Osmose Technology markets itself as a network marketing company, the structure is similar.
What Happened to Osmose Technology?
As of recent months, Osmose Technology has been under scrutiny due to increasing user complaints about non-payment of earnings and withdrawal issues.
It appears that the company is no longer able to fulfill its obligations to members, particularly those hoping to withdraw funds earned from referrals.
The company has cited government regulations on cryptocurrency as a reason for the delay in payments, but many users are skeptical.
Telegram groups associated with Osmose Technology have also raised concerns, as messages from the company have urged users to sign up for new programs, raising fears that it may be gaining more sponsors without intending to honor payments.
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What Can You Do if You’ve Invested?
If you’ve already invested in Osmose Technology Pvt Ltd and are facing issues with withdrawing your money, there are a few steps you can take:
- Contact Osmose Support: Reach out to the company’s customer support to seek clarification on your funds and any possible payment delays.
- Join Online Communities: There are several Telegram channels and forums where affected users share their experiences. Joining these groups can help you stay updated on any developments and possible solutions.
- Consider Legal Action: If your losses are significant, you may want to consider pursuing legal action. Consult a lawyer to understand the options available to you, especially if you suspect fraudulent activity.
- Avoid Further Investments: If you’re already facing issues with Osmose Technology, it’s advisable to avoid investing more money. The increased registration fee and delayed payments are red flags, and you may risk losing further funds.
Final Thoughts on Osmose Technology Pvt Ltd
In conclusion, Osmose Technology Pvt Ltd is a platform that offers both opportunities and risks.
While its referral program and shopping coupon system make it an attractive option for many users, there are growing concerns about the platform’s ability to deliver on its promises.
If you’re considering investing in Osmose Technology, we strongly recommend doing thorough research, staying updated on government regulations, and consulting with a financial advisor before making any commitments.
As with any network marketing platform, it’s important to weigh the risks and benefits carefully.
FAQs
Q: What is Osmose Technology?
A: Osmose Technology is a private e-commerce company that originated in South Africa on 24th December 2019. The company started gaining public attention in January 2020, selling health-related products.
Q: What is Osmose Technology’s Authorized Capital?
A: Osmose Technology’s authorized capital is 5,00,000 INR.
Q: What is Osmose Technology’s Official Website?
A: To visit the official website of Osmose Technology, click on the following link: (http://osmosetech.com/).
Q: Osmose Technology: Genuine or Counterfeit?
A: Osmose Technology was initially a reputable company, having received a CIN number from a government agency in India. It even paid monthly taxes to the government until recently when it started deceiving people.
Q: When was Osmose Technology Pvt Ltd established?
A: Osmose Technology Pvt Ltd was founded by Shubhangi Vaibhav Patskar, Vijay Baburao Mahajan, and Prashant Ramchandra Roundel on December 24th, 2019 in Pune, Mumbai.
Ashir Ali is the founder of ABusinessbBlog and BusinessSupervisor. He Started using WordPress in 2019 and has over 5 years of experience building websites. He Also loves to write on different trending topics in industry. His area of interest is latest innovations in different fields. Ashir holds a bachelors in Software Engineering from Comsats University Islamabad. He is currently studying masters in Computer Systems at RTU Latvia. He is passionate in developing websites and writing on different topics to help readers aware of latest trends.