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EVEGROCER

Sustainability focused supply chain

Philippines
Market: Logistics and warehouses, Food industry, Franchising, Blockchain
Stage of the project: Operating business

Date of last change: 12.01.2024
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Idea

A sustainability-focused decentralized marketplace, an ERP structured in blockchain technology that promotes transparency in global FMCG trade and rewards recycling through tokenization

Current Status

Pilot Operations

Sustainable Sourcing: 181 sustainable and ethical brand partners
Waste Reduction: 18.5% recycling rate
Community Impact: actively participating social impact organizations and communities
Revenue: 185K USD GMV
Customers: 5250

Market

The sustainability and wellness advocates, local grocery chains and F&B companies, SME's and other sustainable brands.

In the Philippines, there are 2.6M households which consume at least 25 - 40 USD daily. 1% of this target market could give us a profit of 1.9M USD per year conservatively. The high-level concept for a grocery chain in the Philippines, Dali Grocery has a revenue of 26B USD in just 2 years.

In 2023 we had the opportunity to explore into the import / export model, in partnership with International Trade Council, we will start to operate in the US this Q1 20204.

Problem or Opportunity

To reduce one time used plastic pollution caused by FMCG one time used packaging.

On top of our wellness and sustainability campaign, we want to be selective in the sustainability brands that we will aggregate in our marketplace.

With our 17 years experience in manufacturing and tolling, we can assist and support FMCG brands to pivot to sustainable packaging

Solution (product or service)

Currently, we use an e-commerce platform to find the market. It mimics the idea that we will be implementing. At this point we already had a recycling rate and change indicator of 18.5%.

When we launch the blockchain, rewards will be in tokens, not discounts. Customers will be anticipating a surge in future value. We will also require a subscription for our ERP and logistics service.

Competitors

Local Groceries, online groceries, community markets

Advantages or differentiators

Sustainable packaging can be copied by other brands which can be our potential brand merchants

Branding - can not be copied. The founder has created a strong personal branding.

Blockchain technology - can be copied.

Affiliations and recognitions - the sustainability sector is very tight and scary, one wrong move and you will be attacked. The CEO and brand ambassador has to embody sustainability everyday.

Finance

Revenue streams include marketplace 25%, tolling 68% margin, and subscription 100USD per month.

In the next 5 years upon successful funding, we can bring 10X as we develop 10 -30 SKU per quarter and to be supplied to local groceries.

Business model

The business model is Marketplace, tolling, subscription warehousing, and logistics.

Metrics is Daily active users,
Revenue,
Subscriptions
Corporate clients
Number of Products

Money will be spent on

Opex 20% - Runway, Salary, Rent, Utilities

Capex 60% - Infrastructure, machines, hubs - ROI 18 months

Liquidity and cash flow - 20% - buffer for corporate account deliveries

Product Development, Technology Development, Runway

Offer for investor

Equity depending on investment amount plus 6% annual dividends

Team or Management

Risks

Cutthroat competition, food waste, customer behavior, changing market demand, new technology.

Incubation/Acceleration programs accomplishment

Social Isip Acceleration Program, QBO incubation program, DOST Transcend acceleration program

Won the competition and other awards

National Champion - Entrepreneurship World Cup Philippines, Global Finalist, EWC100. 2nd place Go Global Awards 2021, Global finalist Go Global awards 2023. Top 10 Isip acceleration program, Top 4 Glenfiddich Where Next Mavericks. Top 4 Sup Challenge.

Invention/Patent

LogoTrade mark - Filing Feb 2020

Systems and micro process of multi-user supply chain platform which
measures and rewards recycling and carbon footprint of customers - Filing Dec 2022

Photos

Photo 1 - Sustainability focused supply chain
Photo 2 - Sustainability focused supply chain
Photo 3 - Sustainability focused supply chain
Photo 4 - Sustainability focused supply chain
Photo 5 - Sustainability focused supply chain

Product Video

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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
Presentation