Photo - Fowrry Technologies Private Limited
57002

Fowrry Technologies Private Limited

Pakistan
Market: Logistics and warehouses, Food industry, Services, Other
Stage of the project: Operating business

Date of last change: 18.04.2022
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Idea

Fowrry is a digital platform supplying essential commodities at the doorstep of consumers. Multiple layers of middlemen involved in the Agri distribution is soaring the price from Farm to Consumers

Current Status

3 Years in Business and Year on Year Growth
72,000 Orders delivered Valuing $847,000
Working on Sustainable business model and not money burning
Revenue Generating and near to break even
Won USAID Grant of $50,000 and invested 100% in Machinery and Infrastructure upgrade
Winner of PakImpactInvest competition and won almost $14,000
Won Ignite 4YFN Competition and presented Fowrry in Barcelona Spain at GSMA 4YFN complete sponsored by Ignite

Problem or Opportunity

Multiple layers of middlemen involved in the Agri distribution is soaring the price from Farm to Consumers; Food wastage increased due to distribution at multiple locations

Solution (product or service)

Digitizing the Agri market for farmers to list and sell their products online to better participate in the upcoming digital wave.
Centralized distribution system to reduce distribution losses; shelf losses and sorting & grading losses.
Reduce wastages in fresh produce resulting during multiple layers of logistics in bringing from farm to market, and generate additional unlocked income for the farmers

Business model

Fowrry is a digital market place where vendors and business owners can list their products and customers can buy directly.
Fowrry Revenue Model is in 4 Sections
1- Fresh Produce: Margin from Buying to Selling
2- E-Commerce: Percentage on Sales
3- Delivery Charges (Future Plan)
4- Premium Marketing (Future Plan)

Incubation/Acceleration programs accomplishment

National Incubation Center Islamabad
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