Photo - Plain Tiger
59206

Plain Tiger

UAE
Market: Internet and IT, Other
Stage of the project: Operating business

Date of last change: 17.01.2023
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Idea

Retailers use our wholesale marketplace to grow revenue by sourcing from the best sustainable brands globally. Brands access a consolidated new market growth platform at 1/3 of the cost of alternative

Current Status

400 brands from 31 countries getting access to a growing list of 5* hotels, luxury boutiques, department stores and independent shops.
Profitable unit economics - $600 profit per order
100k social media followers
Top 2 Early Stage Startup in the UAE - Entrepreneurship World Cup
Top 2 Most Impactful Retail Startup Globally - Top Tier Impact

Problem or Opportunity

Independent brands dont have the capacity or capability to grow into new markets. This leave retailers unable to fulfil their customers demand for sustainable products from around the world.

Solution (product or service)

Retailers use our wholesale marketplace to grow revenue by sourcing from the best premium sustainable independent brands globally. Brands access our consolidated new market platform for 1/3 of the cost of the alternatives.

Business model

We charge brands a monthly subscription fee of between $250 and $3200 per month to be on our platform. We then make 20% from brands and 5% from retailers on all orders made.

Incubation/Acceleration programs accomplishment

Newchip Accelerator
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Idea
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