Photo - XETOVA
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XETOVA

AI driven supply chain collaboration platform

Kenya
Market: Internet and IT, Financial services, Artificial Intelligence
Stage of the project: Idea or something is already done

Date of last change: 02.10.2020
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Idea

In the wake of Covid-19 pandemic, xetova developed the AHSA platform with the goal of boosting health security and resilience planning. AHSA platform provides a framework for key actors in essential health care supply chain to be better prepared, resourced and coordinated in managing potential future events.

Current Status

Pre-revenue preparing to go to market and position product.

Piloted in Kenya in a supply-chain supporting over 7,000 health facilities and runs over $ 500 million worth of products annually.

Problem or Opportunity

70% of Africa's population relies on healthcare systems funded by governments and donors making large scale procurement of essential health products and technologies very critical. There lack a holistic technology solution that support the supply chain action that should result to just-in-time availability of these essential products.

The opportunity xetova has seen by deploying the AHSA Platform - provided intelligent technology that will scientifically quantify demand, work backwards to trigger action that will enable just in time procurement of products, identification of resource gaps and a framework to include local business to access favorable finance to meet their supplier obligations.

This will not only build resilience but also, unlock the over $ 200 billion market in Africa for essential health care.

Solution (product or service)

This health product marketplace is estimated to be over 200 billion US dollars annually in Africa. Our holistic data and value-driven approach has been instrumental in getting quick interests from financial institutions such as banks to finance local suppliers to deliver their Purchase Orders on time.

Competitors

We are pioneers in the area to provide end to end intelligent platform.

Currently standard management ERP systems are being used to manage processes

Advantages or differentiators

AHSA is simple to use, deploy, holistic which end to end capability that allows real-time collaboration across the value chain.

Money will be spent on

Product advancement and deployment
Sales and marketing operations
General operations
Legal and compliance

Team or Management

Incubation/Acceleration programs accomplishment

MIT Solve Program 2020 Cohort

(Program by Massachusetts Institute of Technology)

Won the competition and other awards

MIT Global Solve Challenge
(Health Security and Pandemics Track)
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video