Hachimenroppi Partners Up With Leading Credit Card Company JCB.
Tokyo-based startup Hachimenroppi, a company that operates a fish deliver service for various restaurants, has recently announced that it has managed to partner up with JCB, one of Japan’s leading credit card companies. Through this recent partnership, JCB shall provide restaurants with credit purchases option and ease the process of purchasing fish from the delivery startup. Likewise, JCB will promote the startup’s service to its card members restaurants.
Hachiminroppi purchases fish from market and brokers across the country delivers it to Japanese restaurants or diners, according to specific needs. Unlike existing wholesalers, they balance supply and demand utilizing digital tools, allowing restaurants to order fish based on their customers needs rather than submitting to suppliers convenience.
The company managed to raise a total of $1.5 million during the past October in order to hire talented staffers and accelerate system development. They appointed Kenichi Saito as GTO earlier during the month, who previously served as CTO at the Japanese shoe-focused e-commerce site Locondo. To date the company the company has been outsourcing their system development, but they plan to set up a sstem development department that shall be led by Saito, where they will be able to do most of their work in house. On top of the iOS application, they are planning to launch an upcoming startup similar to this.
In order to increase their sales and engineering efforts, the company plans a growth of up to 50 person team by summer According to founder and CEO Masanary Matsuda, he plans to allocate about 80% of the team to customer relations serving restaurants, and the rest to system development. He went on to say:
“In order to provide consumers with the best quality foods, I think restaurants shouldn’t be dominated by big companies. When an independent chef launches his own restaurant, he will be unable to buy ingredients on credit from wholesalers because that restaurant has no financial history. So our new service in partnership with JCB will help them a lot when starting out.”
“We’ll focus on fish delivery for the time being. However, our platform is receiving orders and updates from restaurants, which means we can enhance it to deal with a variety of food in the future, including rice, liquors, meat, vegetables, and fruits. As we know much about restaurants’ needs, we may even launch a new service sending cooks to restaurants.”
The company has acquired over 300 restaurants by the end of the previous year. They expect an increase that goes up to 1,000 restaurants by the end of this year, and 10,000 near the end of 2016. By 2020, they hope to have generated over $3 billion in revenue, which accounts for almost 10% of the entire national fishery market volume.