Local startup Shipicons contributes to sustainable trade by increasing operational efficiency by optimizing costs by identifying and correcting errors in SMEs’ supply chain analysis and supply chain models.
Established at the end of 2022, Shipicons contributes to the digitalization of SMEs by analyzing their supply processes on a single platform with its artificial intelligence-supported SaaS solution.
How does the Shipicons platform work?
After subscribing to Shipicons, which offers solutions with Supply Chain Analysis and Artificial Intelligence Supported Recommendations, Product, Competitor and Market Research, Updated Supply Chain Modeling and Marketplace Integrations, the first thing you need to do is answer the questions asked to you for analysis through the system. The answers given are analyzed with the artificial intelligence system, and thanks to the results and recommendations specific to the business, e-commerce processes are ensured to be planned, data-based and sustainable.
It continues on its way with the support of Vanora Ventures
The first version of the platform was launched in 2023. At the end of 2023, with the technological partnership investment of Turkiye’s first venture studio, Vanora Ventures, development is being carried out for the new version of the platform by creating a strong technology infrastructure supported by artificial intelligence.
Shipicons, which is preparing to change its name to Fenxify for global growth, continues its rebranding efforts with Vanora Ventures and the new platform will be online in 2024.
CBDO Orkun Kayra Akyuz, in his statement on the subject;
“We chose the name Fenxify to suit our main market, the Asia Pacific market, and our SaaS structure. FenXi means analyze in Chinese. This will make both the work we do, the main market we target, and subsequently our global goals more appropriate.”
With its new look, Shipicons aims to stand out more effectively in a dynamic market. In order to adapt to major changes in the business world, it aims to provide support to companies with special and personalized suggestions by offering solutions for updated supply chain models in the export processes of SMEs.
The investment tour continues
The investment tour, which Shipicons aims to complete by February 2024, continues. The startup, which continues its negotiations with different investment companies to participate in the round led by Vanora Ventures, plans to accelerate its activities in Turkiye and initiate its global expansion with the investment it aims to receive.
Shipicons CEO Mert Wang said the following about his future goals:
“We want to make the trade processes of at least 1,000 SMEs in Turkiye sustainable in 2024 and then accelerate our overseas activities. Shipicons’ primary goal is to reach at least 1,000 SMEs in Turkiye and make their trade processes sustainable. In addition, we want to reach companies in our target markets by accelerating our international activities.”
The revenue model of the application is based on monthly subscription. Users can start using the platform with one of three different models: basic, standard and premium, for a fixed monthly fee. It also provides enterprise solutions for companies with larger data and special project-based demands.
Users of the local startup include local brands such as Alfa Beta, WFU, Antep Yolu as well as British brands such as DecoTex and Grade House.
Source: Egirisim / Prepared by Irem Yildiz