Savour!

What Savour! does

Savour! (legal entity Savour Network Pte. Ltd.) is a Singapore-based tech social enterprise founded in 2019 by NUS and SUTD undergraduates, operating a B2B e-procurement and sponsorship platform that connects non-profit organisations, event planners, and companies with F&B merchants offering bulk discounts (10–50% off retail) and in-kind sponsorships ($50–$10k). The core platform is a web and mobile app (iOS/Android) with multi-user access, real-time order tracking, consolidated payments, merchant vetting and community ratings, and a sponsorship bidding workflow; a Corporate Direct white-glove service handles custom sourcing for enterprise clients.

The product surface has expanded well beyond the original surplus-food use case into a portfolio of consumer and merchant-facing lines: Munch Box (monthly themed snack subscription boxes curated from local businesses), Mystery Bag (end-of-day surplus F&B), Group Buy (B2C community bulk-buy at 30–90% off), Savour! Live (e-commerce livestream hosting on IG/FB/TikTok Live), an Ambassador Program (10–20% commissions), Sales Campaigns & Advertising Services for merchants, and the Plant-A-Tree sustainability overlay with Garden City Fund and Ecologi. The marketplace covers Food & Beverages, Supply Materials, Corporate Gifts, and Event Rental Services.

Savour! monetises via a 2.5% platform fee on buyer purchases, a 1% fee on sponsorship awards, per-transaction merchant fees, paid marketing campaign services, and ambassador commissions. GTM combines enterprise field sales (Corporate Direct), channel partners for merchant onboarding, and community-led group buys, supported by social and content marketing. Backers and supporters include OCBC Cares, IMDA, NTUitive, National Youth Council, and Enterprise Singapore. Reported scale is 7,000+ transactions processed, 3,000+ products and services listed, 600+ customers signed up, and 200+ merchants partnered, with no disclosed revenue, funding, or ARR figures.

Name

Savour!

Legal name

Savour Network Pte. Ltd.

Website

https://savourapp.co

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Savour! is a Singapore-based B2B e-procurement and sponsorship platform connecting non-profits, event planners, and corporates with 200+ F&B merchants offering bulk discounts and in-kind sponsorships, supplemented by consumer lines (Munch Box, Mystery Bag, Group Buy) and livestream services.

Ownership category

akta.pro rank

Product category

B2B Procurement and Sponsorship Marketplace

NAICS

Specialty Food Retailers (4452), All Other Specialty Food Retailers (445298)

SIC

Wholesale-Groceries & Related Products (5140)

akta.pro primary industry

Trade Show Giveaways & Event Premiums (BPAFAMAG)

akta.pro secondary industries

Bulk Food Buying Clubs & Cooperative Bulk Programs (CRAHAMAM), Subscription Boxes & Curated Product Subscriptions (CRAFAIAF)

Keywords

• B2B procurement platform
• Corporate sponsorship marketplace
• Food waste reduction
• Bulk discount purchasing
• Merchant sourcing platform

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Personnel, Marketing or Sales

Revenue model

1. Transaction Fees (Buyers): Charges B2B customers a 2.5% platform fee for every purchase made and a 1% platform fee for every successful sponsorship awarded.
2. Merchant Subscription/Fee: Platform is free for merchants to sign up and use. Small service fees charged on a per transaction basis.
3. Ambassador Commission: Commission rates of 10-20% for ambassadors promoting Savour! products, particularly Munch Box subscription boxes.
4. Marketing Campaign Services: Sales Campaign & Advertising Services offered to merchants including marketing strategy conceptualisation, collateral design & copywriting, posting outreach, and marketing analytics & insights.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Savour! operates a one-stop B2B procurement and sponsorship platform in Singapore that connects non-profit organizations, event planners and companies to merchants offering products at bulk/corporate/charity discounts of 10-50% off retail and in-kind sponsorships valued from $50 to $10k. The marketplace covers food and beverages, supply materials, corporate gifts, and event rental services, supplemented by custom procurement sourcing (Corporate Direct), e-commerce livestream hosting (Savour! Live), and consumer offerings including Munch Box subscription snack boxes, Mystery Bag surplus food, and Group Buy community purchasing.

Product overview

Savour! is a tech social enterprise offering a unified B2B e-procurement platform in Singapore. The core offering consists of the Savour! Platform connecting organizations to merchants for bulk discounts and sponsorships, supplemented by Corporate Direct for custom procurement sourcing. The product portfolio includes Consumer-facing products: Munch Box (subscription snack boxes), Mystery Bag (surplus food resale), and Group Buy (B2C community bulk purchasing). Supporting services include: Savour! Live (e-commerce livestream hosting), Sales Campaigns & Advertising Services, and the Ambassador Program. Sustainability initiatives include Plant-A-Tree. The platform also offers merchant-facing tools for order management and the 3NMI ecosystem (Munch Box, Mystery Bag, Ambassador, Plant-A-Tree).

Differentiator

Problem solved

Functional benefit

Brands

• Munch Box: Eco-friendly, quality, affordable snack gift boxes featuring themed subscription boxes containing an assortment of unique snacks curated from local businesses. Snacks rotate monthly.
• Mystery Bag
• Savour! Live

Products and services

• Savour! Platform One-stop B2B procurement and sponsorship platform in Singapore connecting non-profit organizations, event planners and companies to merchants with products available at bulk/corporate/charity discounts of 10-50% off retail and in-kind sponsorships valued from $50 to $10k for office operations, programmes and event needs.
• Corporate Direct White-glove procurement sourcing service for B2B customers where the Savour! team liaises with multiple suppliers to source products and sponsorships within budget and timeline for corporate events, welfare packs and office operations.
• Munch Box

Quantifiable outcome

• Save 10-50% off retail prices through bulk/corporate/charity discounts
• +2 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered minor.

• Kebun Baru CCminorGTM or Marketing Partner · 14 August 2022Community partnership for The Ultimate Green Chef sustainable cooking contest using expiring/blemished/surplus food ingredients.
• Western UnionminorGTM or Marketing Partner · 28 August 2021Partnership with Western Union for migrant worker community events including care pack distributions at Cochrane Recreation Centre.
• OCBC CaresminorOthersSupported by OCBC Cares as part of their CSR initiatives supporting social enterprises.
• IMDA (Info-comm Media Development Authority)minorOthersSupported by IMDA through their innovation initiatives for technology enterprises in Singapore.
• NTUitiveminorOthersSupported by NTUitive, NUS's technology transfer and enterprise hub supporting startups and social enterprises.
• NYC (National Youth Council)minorOthersSupported by National Youth Council Singapore supporting youth-led enterprises and initiatives.
• ESG (Enterprise Singapore)minorOthersSupported by Enterprise Singapore supporting local enterprises and SME development.
• Garden City FundminorStrategic or Co-development PartnerPartnered with Garden City Fund for Plant-A-Tree scheme aligning with their goal to plant one million trees across Singapore over 10 years.
• EcologiminorStrategic or Co-development PartnerMember of Ecologi climate action platform, contributing to tree planting initiatives. One of 34,521 members with 43.4 million trees planted and 1.9 million tonnes of CO2e reduced.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Food from the Heart: Singapore-based food charity redistributing surplus and donated food to beneficiaries. Shares Savour!'s food-waste reallocation mission and Singapore footprint, though operates as a charity rather than a marketplace.
• Carousell: Singapore-headquartered C2C and B2C marketplace spanning multiple categories. Comparable as a Southeast Asia digital marketplace operator with consumer base in Singapore, though broader in scope than Savour!.

Direct peers

• OLIO: UK-based app enabling businesses and individuals to share surplus food. Comparable to Savour!'s Mystery Bag and community-driven food-waste reduction model.
• Phenix: European B2B anti-food-waste platform connecting retailers and F&B merchants with buyers for surplus inventory. Most direct B2B parallel to Savour!'s marketplace model.
• Karma: App-based marketplace for restaurants and bakeries to sell surplus meals at discount to nearby consumers. Directly overlaps with Savour!'s Mystery Bag product line, though consumer-only.
• Yume: Australia-based B2B marketplace for surplus food from manufacturers and wholesalers to commercial buyers. Closest regional comparable to Savour!'s bulk discount and inventory clearance model for F&B merchants.
• Oddbox: UK subscription box delivering surplus and "wonky" produce from farms and suppliers. Directly comparable to Savour!'s Munch Box subscription and food-waste mission.

Broad incumbents

• Too Good To Go: Global surplus-food marketplace connecting consumers and businesses to merchants with unsold inventory. Highly comparable to Savour!'s Mystery Bag and food-waste reallocation model, though much larger and operating across many geographies.
• GrabFood for Business / GrabMart: Singapore-founded super-app offering on-demand food delivery and merchant procurement tools. Comparable as a Singapore-headquartered platform serving F&B merchants with bulk/enterprise ordering capabilities.
• Imperfect Foods: US subscription service delivering surplus and cosmetically imperfect groceries. Similar food-waste mission to Savour! with a more developed consumer subscription model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/savour.sg
• Instagraminstagram.com/savour.sg/reels
• TikToktiktok.com/@savour.sg
• LinkedInlinkedin.com/company/savoursg

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Savour!