Integrated Logistics Operator Investment Opportunity in Jammu, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 230 thousand |
Run Rate Sales | USD 700 thousand |
EBITDA Margin | 2 % |
Industries | Integrated Logistics Operators + 1 more |
Locations | Jammu |
Local Time | 3:48 PM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- Aman Gupta founder of BOAT, and Piyush Bansal, founder of Lenskart have invested INR 90 lakh in this company.
- The company secured offers from three Shark Tank judges.
- Piyush Bansal said "I think this is going to be the best investment that I have made to date. Let's build the eco-system in Kashmir"
Business highlights:
- Company is into last-mile delivery solutions directly impacting ~1,200 micro-entrepreneurs and has a customer base of 100,000+
- In a short span of ~3 years, they have become a preferred choice in the local ecosystem of J&K.
The company now intends to gear up to become the J&K market leader in the last-mile delivery segment. Today there are no focused ecosystem players who can claim to know the geography with local expertise and in-house developed cutting-edge technology.
- It has become the first recipient of SOCAP, San Francisco entrepreneurship recognition 2 years ago which is the world's leading conference for impact investors and social enterprise.
- As a next step, the company is doing a Series A of INR 4 crore. This will enable them to fuel their expansion plan to scale the operations, hire more people, set up new warehouses, and spend on focused marketing.
- Hyperlocal mobile app with Uber-like tracking.
- Customized Rider app for routing and optimization which can work in the remotest of locations without an internet connection also.
Revenue Streams.
- Priority (couriers, parcels, B2B, B2C shipments)
- Cargo Plus (bulk shipments)
- Excess (excess baggage services)
- International courier services.
- Hyperlocal intercity services.
Intangible assets - mobile and web app, customer base, and brand name.
Through founders and investors. The company has 17 angel investors and 2 big investors.
The founders hold the maximum shares.
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Earlier than 15 daysPartner, Construction & Real Estate, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Transportation, Gurgaon, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysSr. Sales Advisor, New York City, Business Broker connected with the Business