Tushop
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 1.3m | 3.2m |
% growth | - | 144 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$25.0k | Angel | ||
* | $3.0m | Seed | |
Total Funding | €2.8m |
Related Content
Recent News about Tushop
EditTushop.io is an innovative startup that aims to revolutionize the grocery shopping experience for Kenyans. Operating primarily in Nairobi, Tushop provides a platform where users can access daily updated group buys, offering some of the lowest prices in the market. This service is particularly beneficial for everyday products, making it an attractive option for budget-conscious consumers.
The company serves a broad range of clients, primarily focusing on urban residents who are looking for convenience and cost savings in their grocery shopping. Tushop's business model revolves around a subscription service called "Jipange," which allows customers to schedule their weekly or monthly grocery baskets. This model not only ensures regular revenue but also builds customer loyalty by offering free delivery after the first paid delivery.
Tushop makes money through a combination of subscription fees and the margins on the products sold. The initial delivery fee for the Jipange service is 99 Kenyan Shillings, and subsequent deliveries are free as long as the subscription is maintained. This encourages customers to stay subscribed, providing a steady stream of income for the company.
The market Tushop operates in is the online grocery retail sector, which has seen significant growth, especially in urban areas. The convenience of having groceries delivered to one's doorstep, combined with the cost savings from group buys, makes Tushop a compelling choice for many consumers.
In summary, Tushop.io is a customer-obsessed startup that offers affordable convenience through its innovative subscription model, helping thousands of Kenyans save money and time on their grocery shopping.
Keywords: online grocery, group buys, subscription service, Nairobi, cost savings, convenience, free delivery, urban residents, budget-conscious, customer loyalty.