Foodlocker

Foodlocker provides market access to smallholder farmers by aggregating outputs and selling to large buyers including food processors, hotels, and exporters

  • Stage $500K in TTM Revenue
  • Industry Retailing / Distribution
  • Location Ibadan, Nigeria
  • Currency NGN
  • Founded November 2017
  • Employees 6
  • Incorporation Type LLC
  • Website foodlocker.com.ng

Company Summary

We capture value by:
1. Selling farm produce & grocery items at margins of between 10% & 40% (Pay per Unit)
2. Charging delivery fees
3. Charging packaging fees, which are calculated for specific delivery packages
4. Charging for light processing of farm-fresh produce

We have 4 employees & a partnership with a technology company. We use technology to drive e-commerce, dynamic delivery cost calculation, demand forecasting, and operations.

Team

Advisors

  • Dauda Iliya
    Unconfirmed

Previous Investors

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