Last Mile Delivery Business Investment Opportunity in Hyderabad, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | Nil |
Run Rate Sales | USD 90 thousand |
EBITDA Margin | Nil |
Industries | Mobile Apps + 1 more |
Locations | Hyderabad |
Local Time | 8:50 PM Asia / Kolkata |
Listed By | Management Member |
Status | Moderately Active |
- Hyderabad based technology startup offering technology enabled on-demand, hyper-local delivery and concierge services.
- Offer hyper-local logistics services for perishable and non-perishable goods including groceries, meat, medicines and general goods.
- Have tied up with several local stores and supermarkets to fulfill their doorstep delivery operations.
- Currently cater to B2B and B2C clients across Hyderabad and are in the process of strengthening our operational infrastructure and delivery efficiency.
- Fulfill delivery and logistics operations through a pool of well trained contract staff and our delivery fleet is operationally active between 6AM to 2AM, 7 days a week.
- Business is profitable on a unit economics basis and is able to secure gross margins of 70%
- Currently processe over 6,000 orders each month and expect to process around 18,000 orders each month by the end of FY20 and subsequently experience 10% growth in order volume each year forward.
- Intend to scale operations and establish its presence in other Tier-1 and Tier-2 cities across India in the near future and offer subscription based services to US based expats with families in Hyderabad.
Technology enabled on-demand, hyper-local delivery and concierge services.
Rented office space of 2,000 sq. ft. at Jubilee Hills, Hyderabad.
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Earlier than 15 daysExecutive Director, Automobile, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Laboratory Equipment Dealer, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Marble Trader, Hyderabad, Individual Investor / Buyer connected with the Business