Online Marketplace Startup Investment Opportunity in Bangalore, India
Established | 0-1 year(s) |
Employees | < 2 |
Legal Entity | Other |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Trucking + 1 more |
Locations | Bangalore |
Local Time | 12:40 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- To provide faster ground logistics solution, we'll establish tie-ups with vendors / truck owners (with multiple vehicles) in different cities and ensure that the cargo moves continuously without any interruption.
- Our target customers are the corporate clients such as automobile, engineering and FMCG companies.
- We will essentially provide our solutions through an online platform which will allow corporates to book trucks for intercity and intracity logistics.
- Our business model and the platform is still in the ideation stage. We will outsource the platform development work to a third party developer.
- The platform will also provide real time tracking and delivery notifications.
- Revenue generation: Corporates will book the service on our platform and pay us the amount in full. We will retain our charges and then pay to the vendor.
- At present, we have planned two routes i. e. Chennai to Mumbai and Hyderabad to Kochi.
- We have 20 vendors / truck owners in our network. Each vendor has multiple trucks which range from 2 to 40 trucks.
- Our startup is currently in the process of registration.
- We plan to provide quality services to our clients and aim to operate at 24% EBITDA margin.
- Founder has 30+ years of experience in this industry.
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Earlier than 15 daysDirector, Aviation, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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Earlier than 15 daysManager, BPO & Software, Hyderabad, Corporate Investor / Buyer connected with the Business