Tenity invests in ZOLO, an innovative B2B platform enhancing sales and order management in the food and beverage sector.

Information on the Target

ZOLO is an innovative platform launched in 2023 by founders Mrat Yussubaliyev and Mark Keong, designed to revolutionize B2B sales and order management within the food and beverage sector. The platform addresses inefficiencies associated with traditional order management processes by providing a digital solution that streamlines operations, enhances sales effectiveness, and strengthens customer relationships. Utilizing cutting-edge AI technology, ZOLO transforms unstructured order data from various communication channels, such as WhatsApp and Email, into structured ERP records and invoices with just one click.

The advanced sales intelligence capabilities of ZOLO empower suppliers to gain critical customer insights, enabling them to create tailored sales proposals and accurately forecast demand. This ultimately leads to increased revenue, decreased stockouts, and minimized waste - thus unlocking new levels of efficiency and profitability. Looking ahead, ZOLO aims to simplify payment processes and financial workflows, allowing suppliers to receive payments more rapidly while offering flexible options to customers.

Industry Overview in Singapore

The food and beverage industry in Singapore has a dynamic and competitive landscape, characterized by a mixture of traditional operations and modern technological advancements. As the industry grapples with issues such as supply chain inefficiency and outdated practices,