Last Mile Delivery Company Investment Opportunity in Jammu, India

Glowing Reviews on Shark Tank 2.

- Aman Gupta, Founder BOAT, and Piyush Bansal, Founder of Lenskart have invested Rs 90 lakhs.

- The Company secured offers from three Shark Tank Judges.

- Piyush Bansal "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, Fastbeetle has become a preferred choice in the local ecosystem of J&K.

The company is now intending to gear up for the market leader in the last mile delivery segment in the state of J&K. Today there are no focused ecosystem players who can claim to know the geography with local expertise and cutting-edge technology developed in-house.

- It is becoming 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 a targeted INR 4 crore. This will enable us to fuel our expansion plan by allowing us to scale the operations, hire more people, set up new warehouses, and spend on focused marketing.

A whole range of logistics services enabled by various mobile and web apps like:

- 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.

Tangible assets - office equipment and furniture.

Intangible assets - mobile and web app, customer base, and brand name.

They have a small rented office space in Jammu with all the office equipment.

No debts or loans.

Through founders and investors. The company has 17 angel investors and 2 big investors.

The founders hold the maximum shares.