AI-backed feed-based Social Commerce Platform, dedicated to solving all sales, marketing, and communication in the FMCG industry of Iraq.
- AI-based social commerce.
- No competition.
- 62 billion dollars in market cap.
- Expandable services.
- 620 million dollars in serviceable business.
- Investing in high profitable markets.
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The Business details for the Social Commerce Platform project
Our start-up is based in Baghdad, dedicated to solving market issues with a unique platform. Our solution makes commercial actions easy and unified in one place where all, factories, distributors, wholesalers, and supermarkets meet in a single place to trade goods and communicate easily.
We are targeting a 62 billion dollars market with a huge potential of 620 million dollars serviceable, which includes all of Iraq. The opportunity is very good to alternate the traditional nondirect competitor which is delegates and representatives that short data, orientation, planning, and in-house features without any direct competitor.
Our customers will be all factories, distributors and importers, wholesalers, and supermarkets that will be approximately 65,000 customers around Iraq. This is a great business investment.
Progress/Proof of the Social Commerce Platform project
Our platform is 99% ready to use, all the communication, sales, and marketing functions are tested with 124 000 test products. At our test launch, 12 distributors signed up with us easily for a 2% commission on each invoice. The feedback on the app use was so good, but still, there are a few bugs.
AI implementation is now under construction to enhance the feed/ targeted advertising recommendation system. We are currently researching last-mile delivery on a decentralized basis (Uber-style) to solve the complete market issues. A business plan with a detailed presentation is available upon request.
Need more information and details about this investment idea?
Our forecasts project that we need 3.5 years to cover 100% of the brands of FMCG in Iraq and we are on our way to that, we are going to implement delivery, team management, and eventually insightful ERP systems to registered companies. Our data market will become enormous as well. We will be hiring data engineers all the way to enhance our data management systems.
The Deal details for the Social Commerce Platform project
- The target for the Social Commerce Platform project is $ 250 000 – With a $ 50 000 minimum per Investor.
- No Previously investment was raised for this deal.
- We are offering equity.
We are willing to offer 33% [Sharp] for $ 250 000 as we value our work at $ 750 000.
- No benefits like the EIS scheme or SEIS scheme are offered.
- Current stage of the project is MVP/Finished Product.
- Any investor role is acceptable for this project (Silent Investor, Daily involvement investor, Weekly involvement investor, Monthly involvement investor).
- Any investor type is suitable for this project (Angel Investors, Peer-to-Peer Lender, Personal Investors, Venture Capitalists).
- The main industry for this investment opportunity Is Technology.
- We are located in Iraq.
Contact us for more information and details about the Social Commerce Platform project
Disclaimer: The content of this investment opportunity has not been approved by an authorised person as defined by the Financial Services and Markets Act 2000. Relying on this investment opportunity to involve in any investment activity exposes an individual to a significant risk of losing all of the property or other investment funds. Investors should conduct their own thorough research and seek professional advice.