Telio is a B2B e-commerce platform that connects grocery and consumer goods suppliers with retailers through a mobile application, enabling efficient order placement and real-time inventory management. The platform addresses the challenge of high procurement costs by offering transparent pricing and discounts, facilitating quick deliveries across multiple regions.
Funding
$64M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GOFounders
Product
Problem
Small retailers and pharmacies often face challenges in procurement due to fragmented supply chains, lack of price transparency, and inefficient ordering processes. This leads to higher costs, difficulty in managing inventory, and missed opportunities for discounts.
Solution
Telio provides a B2B e-commerce platform that connects Fast-Moving Consumer Goods (FMCG) suppliers with retailers via a mobile application, streamlining the procurement process. The platform offers transparent pricing, discounts, and promotions, enabling retailers to make informed purchasing decisions. With features like real-time order tracking and fast delivery, Telio aims to reduce procurement costs and improve inventory management for small businesses. By aggregating demand and providing a centralized marketplace, Telio empowers retailers to access a wider range of products and better deals.
Target Audience
The primary target audience includes small grocery stores, pharmacies, and other retail businesses that purchase FMCG products.
Features
- Mobile application for browsing products, placing orders, and tracking deliveries
- Real-time inventory management and order status updates
- Transparent pricing and discount information
- Digital wallet and payment options
- Personalized product recommendations and promotions
- Order history and analytics dashboard