This startup allows you to reconnect with a friend through a one-click meal

Plus, it has a special counter for merchants.

Joining the plethora of e-commerce sites catering to the F&B market, Sprungy is an all-food deal site which aims to retain the innate strengths of group-buying and remove the inherent weaknesses of other deal sites at the same time.

While group deal sites seemed to be the trend these days, Sprungy sets itself apart by offering a different twist to lure the merchants and customers' apetite. First, it has created a special self-service page for merchants to create deals by themselves.

This removes any possible unwanted pressure from the merchants to ease their cashflow accordingly. Sprungy has also detoured from the prevailing practice of only letting merchants claim their share after the deal redemption period ends.

Unlike the typical food deal site, Sprungy doesn't demand a large chunk of merchants' already discounted earnings and its diners pay merchants immediately after they've eaten.

They also collect only $1 for any deal no matter how much the deal is worth. On top of that, Sprungy provides an easy refund service – just click a button and diners instantly get their refund.

Injecting a more interactive ingredient into its menu, Sprungy allows diners to scroll through the profiles of fellow diners letting them send deals with each other along with a short message. If one party accepts, it’s a great way to reconnect in real life. If he or she doesn't, then it's just $1 spent.

Asked about their future plans, principal partner Joe Augustin said that they are eyeing to be present in Singapore, USA, China, UK, Japan, India, and Brazil  by end-2014. He further commented "Spungry could just be the next web giant, with the difference of a robust revenue source independent of selling ads, and it's made right here in Singapore; right down to our red-and-white branding."

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COMPANY PROFILE

Name of Company: Spungry, LLP

Principal Partners: Hiroyuki Kiga, Joe Augustin and Ricardo Sentosa

Website: www.spungry.com

Major Investors: N.A.

Total Funding at Hand: N.A.

Source of Funding: Personal funds from partners

Start of Operation: 04 Jul 2013

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