"Online grocery service giving near-expiry items a second chance."
At the heart of our project lies a simple yet powerful vision: transforming the way we consume groceries. We're on a mission to redirect surplus, near-expiry food from potential waste to pantry, offering consumers top-quality products at discounted prices while fostering sustainability.
Quality groceries, zero waste vision.
Budget-conscious consumers and eco-aware households seeking quality groceries at reduced prices, while contributing to waste reduction
Your startup could solve several pertinent issues: it can help to reduce food waste significantly by ensuring near-expiry products are consumed in time; it contributes to a more sustainable grocery shopping practice, and it allows budget-conscious consumers to access quality groceries at discounted prices.
excess food is often discarded, while many can benefit from affordable access to quality groceries.
Our digital marketplace rescues near-expiry food, providing discounts to consumers while reducing waste
AI-driven pricing, inventory forecasting, personalization. And cloud-first infrastructure for scalability.
Our pricing model, specifically optimized for the MENA market, cleverly incorporates factors like market prices, expiry dates, available quantity and subcategory details.
Customers access affordable, quality groceries while contributing to sustainability and reducing food waste.
We estimate the market size for which our solution is designed in monetary terms as follows
Is our goal in the next 3 years
Founder - Product and Engineering
Co Founder and CBO - Vijay Ahilani
Only close competitor is heroGo who does this - Order Fruits Basket from HeroGo starting at AED 100. Shop for Sustainable Fruit Baskets from HeroGo & join the movement of fighting Food Waste. Fruits Box. Vegetables Box. Other competitors are standard grocery delivery companies - Talabat, Instashop and Careem
Revolutionizing sustainable e-commerce, our AI-powered platform salvages near-expiry groceries; delivering fresh, premium products at unmatched prices while cutting down waste efficiently. Uniquely optimizing supply chains for superior value and sustainability.
Clients pay for discounted groceries. Revenue comes from direct sales, with dynamic pricing for near-expiry items maximizing profits.
Achieve a significant milestone of 1 million AED in cumulative revenue, demonstrating the product's successful progress.
By the next funding cycle, we'll have scaled user base, optimized our AI-driven dynamic pricing system, increased inventory turnover by 40%, and expanded to two new cities
We monitor customer acquisition cost, lifetime value, retention rate, average order value, order frequency, spoilage rate, and inventory turnover ratio.
Our company incorporated in
UAE
Main risks might include competition from established grocery delivery services, potential customers not accepting near-expiry items or worries over food safety. Additionally, ensuring consistent availability of products could be a challenge.
$
$20000
We raised investments
Only the two co-founders
$
Let's say we're raising a 6 million USD post money valuation cap
Currently, we are raising investments
$
6 million
Estimated pre-investment valuation of the company
