Flat6Labs Fall 2021 Demo Day in Cairo
Wednesday, 24 Nov 2021, 6:00 PM Cairo 4:00 PM GMTFlat6Labs Demo Days commemorate the 4-month journey that its startups have been on with Flat6Labs since the beginning of each cycle. We give startups the opportunity to showcase their growth to a range of potential stakeholders: customers, investors, corporates, and more, who will be willing to further support the scalability of the business.
About Our Fall 2021 Demo Day in Cairo
Our 17th Seed Program cycle took off on August 24th 2021. The outstanding cohort graduating has products and services across multiple sectors including Health Tech, E-commerce, Food & Beverage, IOT devices, SaaS and Education Technology.
Flat6Labs Cairo Seed Program brought in multiple world class consultants, coaches and mentors to work closely with each of the startup teams, empowering them to achieve their business goals. Every week Flat6Labs facilitated networking opportunities to help the startups build and grow their networks and connect to global leaders.
The nine startup teams have been working over the past four months on growing their customer base, refining their offerings, expanding to new markets and building strategic partnerships.
MEET THE STARTUPS
Edupay
Edupay is a fintech startup that aims to simplify transactions and interactions in education.
Know MoreeastEdupay is a fintech startup that aims to simplify transactions and interactions in education. Edupay empowers education seekers by assisting them throughout their journey. They offer the largest directory of educational institutions, registration services, financing options, payment plans, college funds, and so much more, placing themselves as the go-to hub for all education services!
Product:
Our mobile application connects users with a wide array of services that enrich the lives of education seekers and families. We provide the largest database of educational institutions, financial and payment plans, college funds, family insurance plans, and loyalty and benefits program that cater to families.
Target Market:
We’re targeting the private sector in Education. The private sector serves about 3.1Mn students and its estimated value is EGP 62Bn.
Business Model:
Parents or HR Departments apply using our app. We process their loan request with our financial partners. Once their benefits are approved we transfer the money to the selected school.
A B2B Marketplace for Building Materials.
We help contractors get accurate quotations and order their building materials, from our vetted suppliers, in a few clicks.
Product:
Elmawkaa is an e-commerce web and mobile application, in both Arabic and English. It connects suppliers with contractors/construction companies on one platform.
The process is simple, the contractor places an RFQ (request for quotation) where registered suppliers gets notified to submit their quotations. The contractors can track their RFQs, select the preffered quotation, pay for it online or COD, get it delivered to their site.
Target Market:
The Building Materials Market is worth over $17Bn in Egypt.
Egypt represents about 30% of the value of the Building Materials Market in the MENA region.
Business Model:
1. Up to 6% commission depending on product type.
2. Subscription Packages for Suppliers & Contractors (Avg $125 Annually)
3. Sponsorships (Avg $1,900 Annually)
Kokens
KoKens is a Kitchen as a Service platform transforming online recipes into cool menus that can be ordered and delivered.
Know MoreeastKoKens is a KaaS (Kitchen As A Service) platform transforming online food recipes into a menu available to everyone, by enabling food bloggers & Entrepreneurs to instantly launch their virtual food brands for home delivery through our E-commerce platform, standardized commercial kitchens and last mile operations.
Our solution would work on every single content not only food in the future, enabling instant monetization for brands.
Product:
Our product is a multi-brand ecommerce store integrated with a full kitchen management and last mile system for operations. Bloggers can create their own brand pages at KoKens E-commerce and link it to their social media platforms, Customers browsing the content will be able to click on the link and be redirected to the product page for checkout process.
Target Market:
Food delivery business in Egypt is worth $2.5B, where online channels account for only 6%. We set eyes to acquire 5% of the total market by 2025 generating $20M in revenue.
Business Model:
We acquire customers through bloggers on social media platforms, once an order is placed Kokens will fulfill the order and collect the full payment, bloggers will receive a commission on every order placed.
PacknSave
The smartest way to stock up bulk groceries and gets them delivered to your doorstep.
Know MoreeastPacknSave provides online bulk buying groceries for families. Order your groceries in bulk with up to 15% lower prices, delivered to your home.
Product:
A web and a mobile e-commerce store displaying grocery products. The user can simply add items to their cart getting an instant price drop when increasing product quantities.
Target Market:
Egypt groceries market size is worth $55.1Bn and the average annual spend per household is $2,250
Business Model:
13% average markup on products sold.
Markup can go as high as 20% leveraging bulk supplier agreements.
Our CAC is an average of $5 – $7
Qubx is an on-demand 3D radiological services provider for surgeons, this is done through hospitals and radiological centers. Using the latest technology, Qubx is the surgeon’s surgical planning decision helper.
Product:
Qubx has 2 product components; the first is a web application for the radiology centers, it’s a web application allowing centers to upload patient’s info and CT/MRI PACS files. The second is the backend admin where all data are imported to handle internal operations and generate 3D files/prints. The 3D rendered models are 99% less volume of the actual radiological data. Generated files are then uploaded to the cloud where Radiology centers and patients can access through a link.
Target Market:
In Egypt, 1.5Mn surgical operations are undertaken yearly, with the need of two 3D prints/files (post and pre-operation).
Orthopaedic and vascular operations account for 20% (300k) of those surgeries, which are considered to be the most critical operations in need for 3D modeling.
Business Model:
We sell 3D files and 3D prints for a fixed service fee of EGP 250 and 1,000 respectively.
At Venu App, we aim to provide unparalleled modern solutions to enable a tech experience to the Food and Beverage industry filled with success, productivity and profitability, while empowering the customer
experience with freedom, support and luxury through our innovative, unique and effective one of a kind platforms.
Product:
• The v-chip: a battery free device integrating the customer facing app with the restaurant’s backend.
• Venu App: the mobile app used by the guests/customers inside the restaurants.
• Venu Business: which are two apps, one for the staff, and another for the business owners.
Target Market:
The food and beverage market size in Egypt is estimated to be $8Bn, with over 40K dine-in branches and 38K take away branches.
Business Model:
Our business model is divided into a set-up fee ranging between 25K-50K and a monthly subscription fee ranging between 5K-10K depending on the number of tables.
Zatona Eats is an all-in-one meal planning and ordering app which offers an end-to-end solution for personalized meal plans, cooked meals, scheduled delivery, nutrition therapy, and medical supervision.
Product:
Zatona eats is an e-commerce mobile application, a driver’s application for managing delivery operations, a manager app for internal operations and a kitchen app for cooking operations and recipes.
The e-commerce app helps customers create meal plans, select meals from the menu and schedule delivery dates. There is a one time meal ordering and a weekly/monthly subscription plans allowing customers to pay either online or COD.
Target Market:
The market size in Egypt is estimated to be $90B and We are planning to acquire 1% of it within the next 5 years.
Business Model:
A weekly and monthly subscription meal plans and an individual meal ordering.
Providing Crop monitoring, management and Farm2fork product traceability services to the Egyptian Market and the Arab world.
Product:
Zr3i is web and a mobile application where land owners and farmers create their accounts and submit all their land info. Using satellite imaging, remote sensing and GIS tools, Zr3i then provides AI analysis for monitored crops to manage/optimize the cultivation process and a report is generated and sent to customers’ profile.
Target Market:
According to the ministry of agriculture report, there’s a total area of 12Mn acre of land that’s being cultivated using the different methods, 40% (5Mn acre) accounts to new lands that are open to modern irrigation methods.
Business Model:
Subscription based services with a discounted rate for corporations and NGOs.
Waseya is an online will maker. It allows people to write a legally binding will that complies with local laws and Islamic jurisprudence. The platform includes tools to calculate one’s Net Asset Worth and compute the Islamic shares of each inheritor.
Product:
The web-application is simple to use, in both English and Arabic. Users sign-up with their email, fill out their information and wishes by following our step-by-step guided process, and pay online before downloading their will document. Updates, when life happens, are free of charge.
Target Market:
In Egypt, the total available market is around $4Bn and the SAM to be $1.7Bn, and this just for will writing.
The MENA market is 6 to 7 times bigger and growing.
Business Model:
We sell wills online direct to customers at EGP 1,500 per will, as well as offline to companies in bulk, for their staff or clients, at a discounted rate.
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