Founded in 2015, Snapcart applies AI to build the richest offline database of users in emerging markets and democratize data capabilities offline. Snapcart enables brands and retailers to measure, target, and optimize advertising and price promotions, (globally a USD 1.7 Trillion spending), helping clients compete in an increasingly data-driven world.
Through its receipt crowd-sourcing application, point-of-sale application, and hundreds of machine learning models that process and decipher invoices and receipts, Snapcart collects and processes in real-time, billions of data points at an individual shopper and retailer level. Snapcart is currently providing insights to over 30 companies including LOreal, Nestle, P&G and Unilever in 2 countries (Indonesia and Philippines). The company is backed by prominent VC firms, Vickers Venture, Wavemaker Partners, SPH, Social Capital, Kickstart Ventures and JG Summit Group.