Business Owner Secures €70,000 Investment on Greek Shark Tank
In an exciting development, Cypriot entrepreneur Christis Plastiras secured a €70,000 investment for his logistics startup, Svelta, on Dragons' Den Greece. Svelta, a B2B platform, aims to transform how distribution networks operate, focusing on reimagining last-mile logistics through smart technology and operational excellence.
The investment, provided by Instashop founder John Tsioris, marks a new chapter for Svelta as it continues to scale and build out its collaborative network across Greece and Cyprus. However, the exact details of the collaboration between Svelta and businesses using its platform, as well as the specific expansion plan for Svelta, remain undisclosed.
Svelta's platform addresses inefficiencies in traditional distribution systems by allowing businesses to manage last-mile deliveries using their own fleets or vehicles from Svelta's shared logistics network. This innovative approach aims to streamline operations and reduce the up to 40% inefficiency that can occur when competing companies deliver to the same addresses independently on the same day.
The shared logistics network of Svelta turns idle capacity into opportunity, potentially benefiting both businesses and consumers. The company is actively expanding its team, hiring delivery drivers and other roles, indicating growth and scaling efforts in its operations.
While the exact details of Svelta's expansion plan are not yet clear, it is likely that the investment will be used to accelerate technological platform development, expand operational capacity, and scale the logistics network, particularly in last-mile delivery services. For more information on Svelta's plans, official communications or interviews with John Tsioris may provide further insight.
To learn more about Svelta, visit their website at www.svelta.io and www.sveltacourier.com. Christis Plastiras, the founder of Svelta, is based in Cyprus. The LinkedIn post by Christis Plastiras provides additional information about Svelta, although no new solutions or improvements to the platform were detailed in the update.
- John Tsioris, the founder of Instashop, invested €70,000 in Svelta, a Cypriot entrepreneur Christis Plastiras' logistics startup.
- Svelta's innovative approach to streamline operations by reducing inefficiencies in traditional distribution systems is attracting interest, as shown by the recent investment from John Tsioris.
- As Svelta continues to scale and build out its collaborative network across Greece and Cyprus, the entrepreneurship of Christis Plastiras is getting a boost from investing in technology.
- The shared logistics network of Svelta, which transforms idle capacity into opportunity, not only benefits businesses but also consumers, and this growth is likely to be accelerated by the recent investment in financing.
