MANDARINI

The mission of Mandarini is to build an ecosystem that will significantly enhance the popularization and adoption of Georgian culinary culture and national products, making them part of foreign customers’ kitchens. The main focus of our platform is to satisfy foreign customers’ curiosity and keep them involved in our fast-growing community by providing them with interesting content, comprehensive information, and the opportunity to experience Georgian cuisine themselves at home. Platform with powerful influencing features will be an efficient way to provide Georgian producers with a large client base from abroad and alongside give customers the opportunity to experience Georgian cuisine themselves at home, and cook with guaranteed fresh products of high quality.

Georgian culture and products are already very popular in CIS, but through our experience and communication with our customers, we realized that one of the main reasons why customers abstain from buying Georgian products is that they doubt the authenticity and quality of products, they are not sure how to use them in the kitchen and where to find all necessary ingredients needed to cook wanted dish.

  • In 2018 year MANDARINI  won GIT A start-up matching grants with an amount of 100,000 GEL.

Start-up valuation service 

We determined the pre-money & post-money value of start-up MANDARINI based on post-revenue start-up qualitative & quantitative valuation methods.

Start-up business development service 

We created a business development plan for start-up MANDARINI, which includes:

  •  Executive summary
  • Description of start-up background
  • Determination  team and organizational structure of start-up
  • Detailed description of innovation technology of start-up
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Available Market – S.A.M
  • Market Analysis – determination Serviceable Obtainable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • Determination commercialization strategy
  • Determination & optimization of the business model
  • Determination of development plan of start-up
  • Planning a 5-year project budget for GITA start-up matching grants.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation of revenue growth rate and CAGR – Compound Annual Growth Rate for a 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

 

Info

Total Investments Raised : 40 000 $

Grants - GITA 100 K

E-Commerce

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