Mapan

Mapan

Providing network of thousands of lower income communities with better access to valuable products. Learn more
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DateInvestorsAmountRound

$50.0k

Seed

N/A

Acquisition
*

$15.0m

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Total FundingCAD20.5m

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Mapan is a technology-driven company focused on improving the lives of low-income communities in Indonesia. By leveraging technology, Mapan unites millions of low-income families to provide them with better access to quality goods and services. The company recruits local entrepreneurs and leaders to facilitate ordering, payment, and delivery for their neighbors, thereby creating a sustainable local economy. Mapan's business model involves splitting profits with these local entrepreneurs, ensuring that the economic benefits are shared within the community. The company primarily serves low-income families who often face challenges such as low purchasing power and lack of information access. Mapan operates in the Indonesian market, targeting communities where goods are usually of lower quality but higher price, often bought on credit from predatory lenders. The company generates revenue by taking a share of the profits from the sales facilitated through its platform.

Keywords: low-income communities, technology, local entrepreneurs, quality goods, services, Indonesia, sustainable economy, profit-sharing, information access, purchasing power.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.