Feliana Citradewi is pitching his startup idea to a panel of investors at the February 3rd event organized by https://StartupBrite.com.
LiVert is the pioneer solution to connect people nearby who purchase in the same website to group their purchase in order to get free and greener delivery.
Trio founders: Our adventure started by coming to France, our paths crossed and we had a real professional match due to our similar background and a big hit on LiVert project.
Feliana Citradewi, CEO, The winner of the national business competition at high school. At the age of 16, Feliana proposed a visionary concept to match traditional and modernity.
Rahul Kapoor, CTO, Polytechnique. As a teenager, he got an unusual hobby: creating websites! He started his first e-learning start-up in India.
Anass Abdelilah, CMO Master specialized in data marketing and e-commerce. An entrepreneur at 18 years old, Certified manager on Shopify.
Problem/Solution:
LiVert is a pioneer of online shipping pooling solutions for individuals and on the other side, helps the brand to recover their abandoned cart (60% caused by delivery cost).
LiVert innovative algorithm calculates the minimum amount of geolocalized people in order to get free delivery in every e-commerce website partner.
Consumer side:
Grouping purchases through LiVert : The environmental impact of the last kilometers will be divided by two (-750g CO₂ per order)Less use of packaging (two in one package)
Brand side: By partnering with ShopMate: Customers will get free delivery by grouping with other customers. LiVert helps retailers avoid basket abandonments by proposing free and greener delivery.
Market fit:
LiVert project got great support with more than 17000 likes on our Linkedin post (unsponsored) within a week with over 1 million views.
Market:
E-commerce in France = € 100 billion
Abandoned carts = 75% of purchases started
60% are caused by delivery costs
75% of consumers wish to could pool their delivery
20 billion potential markets for LiVert
Business model:
10% commission based paid by our partner brands (with more than 150 major brands (Amazon, Rue du Commerce, Ali express, Castorama, Shein, etc...)State: Early income.
The mobile application is available
KPI's: B2C:
-4000 active users
-More than 2000 wishes to pool delivery family, clubs)
-100 succeeded matches and purchases
Grants / BPI: 30K€ grant from the BPI French bank subsidy
Burn rate: Around 1K monthly (8-10 months runway without revenue)
Deal: 1M$ valuaion post-money 10M$. "
LiVert is the pioneer solution to connect people nearby who purchase in the same website to group their purchase in order to get free and greener delivery.
Trio founders: Our adventure started by coming to France, our paths crossed and we had a real professional match due to our similar background and a big hit on LiVert project.
Feliana Citradewi, CEO, The winner of the national business competition at high school. At the age of 16, Feliana proposed a visionary concept to match traditional and modernity.
Rahul Kapoor, CTO, Polytechnique. As a teenager, he got an unusual hobby: creating websites! He started his first e-learning start-up in India.
Anass Abdelilah, CMO Master specialized in data marketing and e-commerce. An entrepreneur at 18 years old, Certified manager on Shopify.
Problem/Solution:
LiVert is a pioneer of online shipping pooling solutions for individuals and on the other side, helps the brand to recover their abandoned cart (60% caused by delivery cost).
LiVert innovative algorithm calculates the minimum amount of geolocalized people in order to get free delivery in every e-commerce website partner.
Consumer side:
Grouping purchases through LiVert : The environmental impact of the last kilometers will be divided by two (-750g CO₂ per order)Less use of packaging (two in one package)
Brand side: By partnering with ShopMate: Customers will get free delivery by grouping with other customers. LiVert helps retailers avoid basket abandonments by proposing free and greener delivery.
Market fit:
LiVert project got great support with more than 17000 likes on our Linkedin post (unsponsored) within a week with over 1 million views.
Market:
E-commerce in France = € 100 billion
Abandoned carts = 75% of purchases started
60% are caused by delivery costs
75% of consumers wish to could pool their delivery
20 billion potential markets for LiVert
Business model:
10% commission based paid by our partner brands (with more than 150 major brands (Amazon, Rue du Commerce, Ali express, Castorama, Shein, etc...)State: Early income.
The mobile application is available
KPI's: B2C:
-4000 active users
-More than 2000 wishes to pool delivery family, clubs)
-100 succeeded matches and purchases
Grants / BPI: 30K€ grant from the BPI French bank subsidy
Burn rate: Around 1K monthly (8-10 months runway without revenue)
Deal: 1M$ valuaion post-money 10M$. "
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