Flower Chimp Secured MYR 6 Million Funding Following Success Across Southeast Asia
Flowers are associated with romance and loves. Creating moments of love by sending flowers to
your loved ones has gotten so much easier as the flower delivery industry booms
with the growth of e-commerce worldwide. Imagine selecting your favourite
bouquet and arranging for delivery as simple as a few clicks away.
From birthday bouquets to congratulatory
flower stands, special messages on Valentine’s and Mothers’ Day, Flower Chimp caters to all your blooming
needs from as low as MYR89. Ahead of
its competitors, Flower Chimp offers
a nationwide network which covers more
than 80 districts across Malaysia, including in Sabah and Sarawak. Such
wide coverage makes the platform the preferred online florist among consumers
who enjoy further benefits with its free
delivery on all orders at no minimum spend. Consumers can also arrange for
the same day delivery for any orders
made before 1 pm to surprise their loved ones.
“Despite being a new player in the flower
delivery business, Flower Chimp has
grown into a household name in this industry. In less than two years, we became
the No 1 choice in the online flower delivery service in Malaysia, Indonesia
and the Philippines recording five (5)
times growth compared to last year,” said Maximilian Lotz, Founder of Flower Chimp.
Maximilian and Niklas |
Maximilian Lotz, CEO of Flower Chimp
Max is responsible for running all facets of the business across Flower Chimp's four markets. He has an established track record in the e-commerce space from heading the Malaysia business of hear.com, a world-leading vendor of hearing aids. Max had vast experience in investment banking & venture market. He graduated with a B.Sc in Business Administrtation from Maastricht University (Netherlands) and Bocconi University Milan (Italy).
Niklas Frassa, COO of Flower Chimp
Nik is overseeing operations across departments in Flower Chimp's four markets. He was in management and act as a project leader for the leading management consulting firm in Germany's media industry. He gained vast e-commerce experience during stints in Malaysia, Singapore and Indonesia with Shouthest Asia's leading online fashion Company, Zalora. Nik was graduated with a M.Sc. (CEMS) in International Management from Rotterdan School of Management (Netherlands) and a B.Sc. from WHU-Otto Beisheim School of Management (Germany).
Max is responsible for running all facets of the business across Flower Chimp's four markets. He has an established track record in the e-commerce space from heading the Malaysia business of hear.com, a world-leading vendor of hearing aids. Max had vast experience in investment banking & venture market. He graduated with a B.Sc in Business Administrtation from Maastricht University (Netherlands) and Bocconi University Milan (Italy).
Niklas Frassa, COO of Flower Chimp
Nik is overseeing operations across departments in Flower Chimp's four markets. He was in management and act as a project leader for the leading management consulting firm in Germany's media industry. He gained vast e-commerce experience during stints in Malaysia, Singapore and Indonesia with Shouthest Asia's leading online fashion Company, Zalora. Nik was graduated with a M.Sc. (CEMS) in International Management from Rotterdan School of Management (Netherlands) and a B.Sc. from WHU-Otto Beisheim School of Management (Germany).
Following its promising performance in the online florist service, Flower Chimp has recently secured an investment of MYR 6 million from its investors including Asia Venture Group (AVG), a private company that sees the promising potential Flower Chimp offers through its unique business model and marketing strategies. The same company has also invested in iMoney, Happy Fresh and iPrice. “We aim to expand our reach to a new market in Singapore by the second half of August 2018, and other countries in Southeast Asia including Vietnam, Thailand and Hong Kong by 2019,” Lotz added.
Self-taught in the flower business, Lotz and partner/Chief Operating Officer, Niklas Frassa plan to utilize the funds
received to strengthen their footprint in Indonesia and the Philippines and improve
their technical infrastructure to offer better benefits to their customers with
smart features including live order tracking. “At the same time, we conduct our
market research to come up with new products and promotions regularly to entice
our customers to return to find what they are looking for,” said Frassa.
Elaborating further, Frassa said, “With the
power of online marketing and social media, we aim to enhance our branding and
become the top-of-mind for our customers to look forward to as they become more
tech-savvy every day. We are confident that in the next twelve (12) months;
from Q4 2018 to Q4 2019, Flower Chimp will grow three (3) times over with contributions
from all four major markets namely Malaysia, Singapore, Indonesia and the Philippines”.
Stay connected with them at the following links :-
Flower
Chimp in Malaysia
Website: https://www.flowerchimp.com/
Facebook:
https://www.facebook.com/FlowerChimpMY/
Instagram: @flowerchimp
Flower
Chimp in Indonesia
Website: https://www.flowerchimp.co.id/
Facebook:
https://www.facebook.com/FlowerChimpID/
Instagram: @flowerchimp.id
Flower
Chimp in the Philippines
Website: https://www.flowerchimp.com.ph/
Facebook:
https://www.facebook.com/FlowerChimpPH/
Instagram: @flowerchimp.ph
About
Flower Chimp
Flower Chimp was established in 2016 by two
German entrepreneurs, Maximilian Lotz and Niklas Frassa who have been living in
Southeast Asia for several years. Combined with their stint in the Netherlands,
a known epicenter of floriculture; they decided to dive into the flower
industry and set a new standard for online florist services. With the
customers’ best interests at heart, Flower Chimp has been catering to the need
for high quality flowers at affordable prices complete with nationwide free
delivery. As the business grows, the team continues to improve on its services
and research & development to offer more variants of flowers to the growing
market.
Currently, Flower Chimp is operating in
Malaysia, Indonesia and the Philippines. In the near future, the two ambitious
entrepreneurs will launch their platform in Singapore and other Southeast Asian
countries.
For more information on Flower Chimp, visit www.flowerchimp.com.
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