DELTHA

Online media platform for rural development.
  • Sector Agriculture, Government, Media
  • Country Philippines
  • Founding date November 2018
  • Stage Prototype
We are the world's first online media platform for rural development using decentralized applications.

General

Sector
Agriculture, Government, Media
Category
Software, Consumer
Product usage or interact
Desktop, Mobile/Tablet (Android), API, Server software (ie, databases))

Business

Target customer
Department of Agriculture and Philippine Crop Insurance Corporation
Customer acquisition strategy
ATTRACT - CONVERT - CLOSE - DELIGHT
Revenue model
Contract-selling/Licensing by metering farm data using IoT devices to be provided by a key partner (in talks with Accenture)

Commerce (Marketplace app)

Saemaul Undong Training fees

Market info

Market size
$6,000,000,000
Competitors
Competitor name
Competitor Website
Competition
Both Provenance and Traxion offer enterprise solutions. We are different because we have the processes that adhere to the very principles of diligence, self-help and cooperation in the context of the Saemaul Undong as it applies to emerging Southeast Asian economies and Sub-Saharan African countries - our pilot targets.
Startup traction
We have hit our internal milestones:

Contact with our (onion) farmer beneficiaries from Bongabon, Nueva Ecija during last October's Rural Development and Food Security Forum held at the Asian Development Bank in Manila, Philippines.

Successfully finished and graduated from Y-Combinator Startup School Summer 2019 interim.

Key discussion and partnerships discussed and set with the ff:

Saemaul Undong Soldiers Philippines for the SMU mindset training to farmer beneficiaries.

Tangem.com for the integration of their NFC cards in the supply chain data management.

Nextcoin blockchain expertise.

Visits to alternative farming village in nearby Rizal province from June to August with the start of the more relaxed general community quarantine (GCQ) as mandated by the government.

We continue communications remotely with our SMU expert and with the Japanese partner to help us build the farmers' marketplace, connecting local Philippine farmers to Japanese consumers.

Total early investment
$1,000
Shareholder structure
Owner type
Name
Equity
Oliver Tamis
Founder
% 53
Bim Garcia
Co-Founder
% 18
Joel Gacayan
Co-Founder
% 14
Jess Ocampo
Co-Founder
% 10
Donvi Tagaban
Employee stock option
% 5
Investment round
Angel Investment
Investment amount
$1,000
Equity on offer
% 2.0

Team

Oliver Tamis  - Philippines
Bim Garcia  - Philippines
Joel Gacayan  - Philippines
Total team member
5
Comment
Due to the prohibition of the mayor of Bongabon, Nueva Ecija province on the entry of non-locals to control the risks of the pandemic, we are pivoting and is now in discussion for network and SMU collaboration with ani.ph, a local startup working with benguet farmers in northern Luzon, Philippines.
Last update: 01.08.2020