Flat6Labs Fall 2021 Demo Day in Bahrain - Flat6Labs

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About our Fall 2021 Demo Day in Bahrain

On May 3rd, 2021, our 7th cycle launched its 4-month seed program with six outstanding startups. The graduating cohort has products and services across multiple sectors including Fintech, Edtech, Parenting-tech, E-commerce, and Entertainment.

Through refined mentorship with a diverse group of trainers, coaches and mentors, the six startup teams worked hard every week to achieve their business goals. Each month the startups were encouraged and empowered to focus on development, whether it was by improving their products, expanding their markets, or building strategic partnerships.

Flat6Labs Fall 2021 Demo Day in Bahrain

MEET THE STARTUPS

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Taajer

B2B food service marketplace built for hotels, restaurants and cafes.

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About Taajer

Omar AlMunawer

CEO
Connect with Omar Download Deck
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Taajer is here to digitize wholesalers and retailers, allowing them to connect and trade online instead of risking their investment on their own eCommerce website or mobile app. Taajer will also work along with retailers to decrease their costs by providing promotional offers and manage better inventory.

Product:

The web and mobile app are designed to increase wholesalers’ sales and decrease retailers’ costs. Wholesalers will be able to list their inventory and expose them to their potential clients. Retailers can buy products with confidence by looking at analytics like best sellers in the market.

Target Market:

Our current target market is Bahrain and we plan to get established in Saudi Arabia in 2023.

Business Model:

We offer a freemium plan with 15% commission and charge a membership fee starting from $79.9 a month and 8% commission.

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Finllect Digital Technologies Ltd.

A credit builder for the underserved in the MENA region.

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About Finllect Digital Technologies Ltd.

Maimoona Mohamed

CEO
Connect with Maimoona Download Deck
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Finllect is an application for thin or no file consumers to build credit and prequalify for credit. Instead of analysing income, credit history, or credit utilisation, Finllect enables next-gen consumers to build credit using micropayments.

Product:

Finllect offers an accessible alternative to traditional credit scoring for the next generation of borrowers. Finllect’s credit score engine uses recurring payments to build credit and instantly pre-qualify borrowers for loans without any paperwork.

Target Market:

Banking 300M Gen Zs in the MENA is an 80BN market with 1.4M Gen Zs in the UAE. They have the most significant spending power, influence on family spend and are a priority for banks seeking to acquire next-gen consumers.

Business Model:

Finllect has two main revenue streams: First, a fixed API call fees on a per-user-per-month basis for reporting an applicant’s credit score to a lender. Second, a commission on a per-product-per-user basis for each product a user prequalified for using Finllect’s score.

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Knack

A talent development software that helps employees find and connect with experts to learn new skills and expand their network.

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About Knack

Amna Aljarwan

Co-founder & CEO
Connect with Amna Download Deck
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Knack is a talent development software that helps companies identify and manage pools of internal and external experts. Knack then empowers employees with real-time access to these experts to share knowledge, learn new skills and expand their network. Our goal is to build a happier, engaged and productive workforce.

Product:

Our software enables ​companies to manage internal and external pools of experts & mentors by creating customizable workflow templates to create learning relationships and manage their mentoring and training programs. Our edge lies in our data-driven approach to tracking progress and measuring impact.

Target Market:

We target forward-thinking companies with HR departments looking for a better way to run their employee training initiatives. Our scalable structure is tailored for mid-to-large enterprises, governments and high-growth startups and we plan to expand across the MENA region.

Business Model:

We make revenue by using a subscription SaaS model, where we charge companies a fixed fee per employee per month.

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Mama ME

90% of millennial mothers report feeling lonely. Mama ME’s Tinder-esque interface connects like-minded mothers in MENA through simple swipes.

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About Mama ME

Sumayya Sarwar

Co-founder & CEO
Connect with Sumayya Download Deck
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As a woman adapts to life with a baby, she faces new emotional challenges. 90% experience loneliness and 15% suffer from postnatal depression. With 27.6 million millennial mothers in MENA; Mama ME connects Middle East mothers, creating a safe, virtual community support network, filled with educational and emotive content.

Product:

Our Mama Matching Algorithm, much like Tinder, uses mothers’ location, children’s ages/interests to find a perfect mama match. All mothers are authenticated through selfie verification to ensure a safe space. Mama ME gives our 6000+ mothers a welcoming environment to interact as a wider community.

Target Market:

There is an average of $28 per year being spent by millennial mothers on parenting apps. The MENA region is home to 27.6M millennial moms with 90% of these women identifying with the feeling of loneliness after having a baby.

Business Model:

Mama ME will offer a freemium app version. This will be a subscription service to users which ranges from a superior in-app experience to a virtual exclusive membership giving users the opportunity to attend invitation-only events and access special discounts with partner brands/baby classes.

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Gamesbandy

Gamesbandy is a gaming marketplace that is trying to decrease the gap in the games trading industry, where gamers can do business in a legal and transparent way.

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About Gamesbandy

Abdulrahman Aboshamah

Co-founder & CEO
Connect with Abdulrahman Download Deck
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Gamesbandy is a gaming marketplace that is trying to decrease the gap in the games trading industry, where gamers can do business in a legal and transparent way.

Product:

Gamesbandy is a peer-to-peer platform that allows gamers to trade gaming stuff, like gaming accounts and in-game items. We guarantee safety for both parties for a commission per transaction.

Target Market:

Our Target Market is gaming enthusiasts from the MENA region.

Business Model:

Our main revenue stream is commission per transaction.

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Swish

Swish is a combination of an e-commerce platform and a live streaming platform. We call it live-commerce!

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About Swish

Ahmed Khoja

Founder & CEO
Connect with Ahmed Download Deck
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Swish is a live-commerce platform focusing on the beauty and fashion industry for the middle east and beyond. It integrates with prominent vendors to host their products for influencers to showcase and sell on their stream. Users are able to interact with these influencers and easily purchase the products.

Product:

We disrupt the traditional e-commerce marketplace by providing users with a more engaging shopping experience.

Target Market:

Our focus is on the beauty and fashion industry in the GCC region and within 2-3 years expand the offering to cover additional verticals and bigger markets.

Business Model:

Influencers showcase various products from our multi-vendor marketplace via their live stream and earn commission on their sales. Orders are forwarded and fulfilled by the vendors directly while providing the end-user with a single and convenient shopping experience.

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Flat6Labs Fall 2021 Demo Day in Bahrain

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Flat6Labs Fall 2021 Demo Day in Bahrain

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