Basic Information
Chilibeli is a group-buying network that aims to connect farmers and suppliers directly to consumers. To achieve this, it offers consumers the chance to become casual, part-time agents (mitra in Indonesian) who buy produce in bulk and sell it on to fellow consumers in their neighborhood at competitive prices. The startup claims it gives these agents – many of which are housewives – an opportunity to become micro-entrepreneurs, empowering themselves and their local communities and increasing their household wealth by providing an alternate source of income. Prospective agents just need to download Chilibeli’s app and sign up. Once they’re registered, they can begin to buy fresh produce from farmers at better-than-retail rates. Once the goods are delivered, they can send these on to end consumers, who place their orders via the app. In April 2020, the startup raised $10 million in a funding round led by Lightspeed Venture Partners.
Legal Name
:
Chilibeli Pte ltd
Headquarters
:
Kuningan, Indonesia, Indonesia
Founding Date
:
2019
No. of Employees
:
251 to 500
Core Team
:
1.
Alex Feng
Co-founder & CEO
2.
Damon Yue
Co-Founder
3.
Matt Li
Co-Founder & CPO
Funding
Investors
:
1.
Lightspeed Venture Partners
2.
Golden Gate
3.
Surge
4.
Blume Ventures
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