ALGO
ALGO is hardware company that focuses on building IOT devices for grocery in-store shopping. 85% of the shoppers are not satisfied about the checkout experience within the grocery hypermarkets. This triggers a need to create a new mechanism that enables shoppers to grasp their items and get their payments sorted out without passing by the cashier queues. By having smart shopping baskets and trolleys, the shoppers will be able to use them to identify their shopping items and get the payments done... automatically without the need to go through the cashier queues. Our solution carries the following benefits for grocery stores: • Saving up to $80,000 USD per eliminated cashier lane per year • Having a new revenue stream leveraging the revenue sharing mode with us • Having happy customers Shopper, on the other hand, will enjoy the following benefits: • No queues • In-store shopping assistance • Personalized offerings and discounts
ALGO
Industry:
E-Commerce Payments Software
Founded:
2017-01-01
Address:
Dubai, Dubai, United Arab Emirates
Country:
United Arab Emirates
Website Url:
http://www.nabdaa.com
Total Employee:
1+
Status:
Active
Contact:
00971543000236
Email Addresses:
[email protected]
Total Funding:
0
Technology used in webpage:
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Investors List
Brinc
Brinc investment in Seed Round - ALGO
Newest Events participated
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http://www.nabdaa.com
- Host name: unalocated.63.wixsite.com
- IP address: 185.230.63.186
- Location: Ashburn United States
- Latitude: 39.018
- Longitude: -77.539
- Metro Code: 511
- Timezone: America/New_York
- Postal: 20147
