Photo - Minute5
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Minute5

Uganda
Market: Food industry
Stage of the project: Operating business

Date of last change: 29.03.2022
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Idea

Minute5 is a grocery delivery service that aims at delivering fresh farm produce to consumers affordably in the shortest time possible.

Current Status

We have been in the market for two years and have served more than 2000 customers with total revenue of $50000 while bootstrapping.

Problem or Opportunity

We are helping consumers conveniently get fresh food affordably which is very hard in the city and expensive for consumers.

Solution (product or service)

We provide consumers with a delivery service through an app that ensures that they can place orders for their groceries without having to worry to go to the market

Business model

We source the food from small scale farmers and vendors at a good price and then sells with a margin to the final consumer

Incubation/Acceleration programs accomplishment

MTN Startup program
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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
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Incubation/Acceleration programs accomplishment
Won the competition and other awards
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