Chari Analysis: $1M Raised
What is Chari?
Chari is a B2B mobile app enabling retailers to order consumer products for rapid delivery, alongside offering integrated financial services.
Employees
125
Founded
2020
Revenue
$0.2-60M
ZoomInfo
Product Features & Capabilities
- mobile application for B2B retail, ordering consumer goods, free delivery within hours, integrated financial services (payment, micro-insurance), competitive pricing, direct communication channel with retailers, diverse product range including food, hygiene, and personal care products.
How much Chari raised
1 - $1 million
September 2022Lead Investor: Endeavor Catalyst
Who are the founders of Chari
IB
Ismael Belkhayat
Founder & CEO
FS
Felbi Simon
Chief Executive Officer
Business Model
B2B e-commerce platform earning margins on sales and marketing campaigns for retailers.
Competitors Overview
Chari operates in the B2B retail market, primarily focusing on providing a mobile application for retailers to order consumer products with quick delivery and integrated financial services. Its main competitors include:
- MaxAB: A B2B e-commerce marketplace that connects food and grocery retai
Investors
- Endeavor Catalyst: Invested $1 million as part of Chari's Series A funding round.
- UM6P Ventures: Participated in a funding round for Chari, contributing to its growth.
Market Focus
Chari primarily focuses on the B2B retail market, specifically providing a mobile application that allows retailers to order consumer goods with integrated financial services and fast delivery options.
See something that needs updating? Suggest edits to this profile.