An­drea Perez-Sobers

Se­nior Re­porter

an­drea.perez-sobers@guardian.co.tt

Agos­ti­ni’s Lim­it­ed and Term Fi­nance have both ac­quired a 20 per cent stake in oDe­liv­er, a tech­nol­o­gy busi­ness pro­vid­ing lo­gis­tics ser­vices to over 5,000 mer­chants across Trinidad & To­ba­go.

The sign­ing took place yes­ter­day at Agos­ti­ni’s Ltd Vic­to­ria Av­enue.

Agos­ti­ni’s di­rec­tor of new busi­ness de­vel­op­ment Jean-Luc Mout­tet, told Guardian Me­dia that the com­pa­ny was try­ing to fig­ure out ways to deal with get­ting in­to e-com­merce very quick­ly

“Then we saw oDe­liv­er and we saw the growth com­ing out of this busi­ness and how fast they grew it, es­pe­cial­ly dur­ing COVID-19. We re­alised to have this busi­ness con­nect with us, es­pe­cial­ly on the Su­per­harm side of the busi­ness...we re­alised that we need to get on­line and get med­ica­tion de­liv­ered to peo­ple as well as house­hold and gen­er­al items,” Mout­tet high­light­ed.

Al­so speak­ing at the sign­ing cer­e­mo­ny was oDe­liv­er chief ex­ec­u­tive of­fi­cer, Jonathan Clay­ton said the com­pa­ny start­ed just over two and a half years ago as an on­line lo­gis­tics com­pa­ny geared to­wards pro­vid­ing de­liv­ery ser­vices to small busi­ness­es who had been re­strict­ed by the pan­dem­ic.

He said the com­pa­ny sees the part­ner­ship as a ma­jor step to bring­ing its ideas to the re­gion.

“This sign­ing is some­thing that we have been work­ing on for a lit­tle over a year now. We saw it as a strate­gic in­vest­ment in­to the com­pa­ny and its great strate­gic part­ners for where we want to go with this en­tire busi­ness. So we are very ex­cit­ed, and we are look­ing for­ward to the fu­ture,” Clay­ton out­lined.

He al­so not­ed oDe­liv­er com­plet­ed 300,000 de­liv­er­ies to con­sumers on be­half of mer­chants and the lo­gis­tics start-up has de­vel­oped a valu­able, in­te­grat­ed ecosys­tem that is ful­ly man­aged through a 100 per cent web-based sys­tem. The com­pa­ny pro­vides earn­ing op­por­tu­ni­ties to 120 in­de­pen­dent dri­vers.

Clay­ton al­so said the mis­sion is to help lo­cal busi­ness­es suc­ceed by of­fer­ing de­liv­ery of their prod­ucts to their cus­tomers in the fastest pos­si­ble time frame.

“We pro­vide val­ue by of­fer­ing the fastest de­liv­ery, af­ford­able rates, top-notch cus­tomer ser­vice and su­pe­ri­or tech­nol­o­gy for both busi­ness­es and the end con­sumer,” he added.