20.95 Ventures offers HUMBEE, a platform that provides social security coverage for overlooked participants in the value chain, such as retailers and distributors, while enabling corporates to effectively manage and reward these contributions. By facilitating the registration and transaction logging of value chain partners, HUMBEE aims to extend social security benefits to 15 to 20 million families across various industries.
Funding
Funding not disclosed
Founders
Product
Problem
Many participants in business value chains, such as retailers and distributors, lack access to social security coverage and welfare benefits. Companies often struggle to efficiently manage and direct welfare initiatives to support inclusive growth within their value chains.
Solution
HUMBEE is a platform designed to provide social security coverage and welfare benefits to overlooked participants in the value chain, while also enabling companies to effectively manage and reward these contributions. The platform facilitates the registration and transaction logging of value chain partners, allowing companies to acknowledge and reward their contributions through social security coverage and other welfare initiatives. By providing an integrated mechanism for corporate welfare, HUMBEE aims to support inclusive growth and improve the well-being of value chain partners. The mobile app allows users to log transactions, and the company aims to extend its support to businesses across various industries.
Target Audience
The primary target audience includes retailers, distributors, super stockists, kirana store owners, agents, and other participants in the value chain, as well as the corporations that seek to support them.
Features
- Mobile app for value chain partners to log transactions and access social security benefits.
- Integrated platform for companies to direct welfare initiatives to support inclusive growth.
- Facilitates registration of value chain partners, including dealers, distributors, retailers, and agents.
- Enables companies to reward contributions of value chain partners through social security coverage.
- Aims to provide a means of acknowledging and rewarding contributions through social security coverage and more.