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engaze.ai

Bangladesh
Market: Another
Stage of the project: Operating business

Date of last change: 20.11.2021
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Idea

Despite having huge online sales your net profit as a restaurant/cloud kitchen owner is too low as you pay as much as 30~40% commission. Here comes engaze.ai to increase your net profit up to 20%.

Current Status

150+ restaurants are onboarded, 30 of them are paying.
Current (October) MRR: 43,500 BDT(508 USD)
Average Basket size: 1450 BDT (17 USD)

Problem or Opportunity

Restaurants in Bangladesh are missing BDT 25 Crore in revenue every day because of their dependency on food delivery platforms

Solution (product or service)

a SAAS Based solution to drive sales direct from Social Media includes:
1. Online Order & Payment Management
2. AI-Powered Chatbot as a Sales Catalyst

Business model

It's a B2B SaaS on a monthly subscription basis
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Idea
Current Status
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Finance
Invested in previous rounds, $
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