About Quench
Quench is a company based in Stellenbosch (South Africa) founded in 2016 was acquired by TFG in December 2021.. Quench offers products and services including Dis-Chem App, Skincare Products, Health Medications, and Baby Essentials. Quench operates in a competitive market with competitors including Zulzi, Yebo Fresh, OneCart, CartRun and FamilyFood, among others.
- Headquarter Stellenbosch, South Africa
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Dis-Chem Pharmacies
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
TFG Limited
& 1 more
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Employee Count
Employee Count
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Acquired by
TFG
(Dec 02, 2021)
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Products & Services of Quench
Quench offers a comprehensive portfolio of products and services, including Dis-Chem App, Skincare Products, Health Medications, and Baby Essentials. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables on-demand delivery of health and beauty items.
Offers various treatments for skin care and maintenance.
Provides over-the-counter remedies for common ailments.
Includes nappies, wipes, and feeding supplies for infants.
Funding Insights of Quench
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2021 | Amount | Seed - Quench | Valuation | Imvelo Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Quench
Quench has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TFG Limited and Imvelo Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Diversified apparel and lifestyle brands are operated omnichannel.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Quench
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Quench
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Quench Comparisons
Competitors of Quench
Quench operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zulzi, Yebo Fresh, OneCart, CartRun and FamilyFood, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Grocery items and medicines are delivered online from local supermarkets.
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| domain | founded_year | HQ Location |
Multi-category grocery products are retailed online by Yebo Fresh.
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| domain | founded_year | HQ Location |
Online marketplace for grocery products
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| domain | founded_year | HQ Location |
Operates an online platform for multi-category grocery supplies.
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| domain | founded_year | HQ Location |
Manages an e-commerce store specializing in grains, fruits, nuts, and other fresh products for direct consumer purchase.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Quench
Frequently Asked Questions about Quench
When was Quench founded?
Quench was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Quench located?
Quench is headquartered in Stellenbosch, South Africa. It is registered at Stellenbosch, Western Cape, South Africa.
What does Quench do?
Quench was founded in 2016 in Stellenbosch, South Africa, as an on-demand delivery platform in the consumer services sector. Groceries, alcohol, pharmacy items, and restaurant orders are handled through Android and iOS mobile applications. Users set their locations within the apps to access nearby offerings, enabling quick fulfillment of various delivery needs in the region.
Who are the top competitors of Quench?
Quench's top competitors include OneCart, Zulzi and Yebo Fresh.
What products or services does Quench offer?
Quench offers Dis-Chem App, Skincare Products, Health Medications, and Baby Essentials.
Who are Quench's investors?
Quench has 2 investors. Key investors include TFG Limited, and Imvelo Ventures.