Birju Nadkarni (Market Research Analyst)

The full name is Indian Railway Catering and Tourism Corporation. It is for booking train tickets online in India. Very big and useful company.

Ah, an interesting question. Let me break it down for you, as the company has two distinct facets that one must understand separately.

First, you have the product. Auvoria Prime is a software company. They develop and sell tools for automated trading, primarily for the foreign exchange (forex) market. These tools are often called 'expert advisors' or simply 'bots'. Essentially, a user subscribes to this software, connects it to their personal trading account, and the software then executes trades automatically based on its programmed algorithm. It is designed to remove the manual effort and emotion from trading.

Second, you have the business model. This is key. Auvoria Prime operates using a network marketing, or MLM, structure. This means that customers who use the software can also become distributors. They earn commissions not only by selling software subscriptions to new customers but also by recruiting other people to join their sales team.

So, to put it simply, you are looking at a technology company that provides trading tools, but which distributes these tools through a direct sales framework. It is crucial to remember that the software is just a tool; its performance is not a guarantee of profit and is heavily influenced by market conditions.