Question: Business Idea: A UAE - based food app, subscription ser - vice, and business supply - chain solutions. The Pitch: A few years ago, Nida
Business Idea: A UAEbased food app, subscription service, and business supplychain solutions.
The Pitch: A few years ago, Nida Sumar had a bad expe
rience at one of Dubai's top restaurants because the order
and service was poorly handled. Sumar is a trained chef but
studied to be a financial analyst, and the experience gave her
an idea that would save time and avoid confusion through an
app. Sumar thus created Keza, a dining app that allows diners
to interact with restaurants. After downloading and registering,
users are able to view and review dishes, book a table, con
tact the restaurant's staff, split the restaurant bill, and pay for it
Dubai was the first choice for the launch of Keza because
of its broad and diverse food culture, from street food to
Michelinstar restaurants. The next city to be included in the
Keza app system will be Karachi, Pakistan. As of November
Keza has a team of nine employees operating out of
Dubai and India.
However, the Keza app is just one of four services offered
by the business. Snackerx is a monthly subscription service
for healthy snacks, which are all created with sustainable
and local produce. Alongside these two customerfacing
services is the Keza Cloud, which is a pointofsale and
inventory management system designed to be used by
hotels and restaurants to help improve customer service
and boost customer loyalty. The final service, the Keza
Marketplace, is a discrete BB supplychain management
system designed to link business customers with a range
of foodandbeverage suppliers.
Sumar has been featured in Entrepreneur Middle East as
one of the region's Achieving Women's Who's Who. She
is something of a rarity in the UAE as one of the few
but growingnumber of female CEOS. Sumar and her
company support women's welfare and empowerment,
sponsoring the education of girls and supporting women
who have escaped abusive relationships.
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Keza is unusual in more than one way; not only does it
have a female CEO, but it has not chosen to focus on one
particular niche to grow in over time. Instead, it has taken
a different route, offering a series of solutions to different
parts of the foodandbeverage market. By late
Keza had secured paying businesses for its support
services, including some of the major brands in the MENA
region such as Al Rawabi and Emirates Poultry.
Development of the services is a slow and involved pro
cess as the systems are complex and demanding. Digi
tizing and streamlining these services will mean huge
savings and improved systems for their customers.
Based on the material covered in this chapter, what
air no questions would you ask the firm's founder before
end making your funding decision? What answers would
satisfy you?
vews born
If you had to make your decision based on just the
information provided in the pitch and on the com
pany's website, would you fund this company? Why
or why not?
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