PeriPES

It's aimed at reducing post harvest loss of tomato
  • Sector Agricultural, Energy, Social entrepreneurship & Impact
  • Country Nigeria
  • Founding date January 2020
  • Stage Prototype
PeriPES came to be as result of high demand rate and spoilage of tomatoes which makes up to 22% of the Nigeria agricultural sector. There have been so much loss due to it's short shelf-life, which made us come up with an innovative solution that increases the shelf-life for 30 days plus.

General

Sector
Agricultural, Energy, Social entrepreneurship & Impact
Category
Enterprise
Product usage or interact
Hardware-non-wearable)

Business

Target customer
Our major customers are the tomato farmers and tomato traders.
Customer acquisition strategy
Reach out to office of innovation and partnership for all executions.
Revenue model
Our major source of revenue is the service we will be rendering to all users of our system, of which there will be a daily transaction on quantity of every unit of tomatoes stored in the system until use or sold. The users will pay an amount on the quantity and number of days to access the system for preservation of their produce.

Market info

Market size
$788,888,000

Total early investment
$10,000
Shareholder structure
Owner type
Name
Equity
Oseni Daniel
Founder
% 90
Oseni Olatunde Abass
Family
% 10
Investment round
Angel Investment
Investment amount
$10,000
Equity on offer
% 5.0

Team

Daniel Oseni  - Nigeria
Total team member
0
Comment
The innovation also such that seek to improve all other perishables aside from tomatoes. It also works on a technology that works for household users for easier usage and management.
Last update: 22.07.2020