Ecommerce Logistics Startup Seeking Funds In Bangalore
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Product / Service
They use to offer a variety of delivery services, including two-wheeler delivery booking, three-wheeler truck delivery services, as well as bookings for 7ft trucks, Tata Ace trucks, 8ft trucks, and 407 trucks.
All these services are available through their Hyper Port same-day delivery app, designed to provide fast and efficient logistics solutions.
Clientele type
Their client base includes businesses from sectors like manufacturing, retail, construction, and other industries that rely on timely delivery of goods.
Premises
LEASED
Lease per month (in INR): 45,000
Security Deposit (in INR): 400,000
Carpet Area: 950 sq ft
Asking Price Includes
They are open to offer 5% equity.
Asking Price
INR 1.00 Crore
Minimum ticket size
INR 1,000,000 (INR 10.00 Lac)
Reason
The promoter is seeking funds to accelerate sales growth and expand operations into multiple cities.
Other Details
They started this business in mid of 2023 with a team of 11, specializing in same-day deliveries within city limits and outstation deliveries up to 250 km.
Depending on the distance, delivery can be completed within one or two days. Leveraging technology through the Hyper Port app, the company offers efficient, reliable, and timely logistics solutions tailored to industries needing fast delivery services.
Their operations are managed via a user-friendly digital platform that simplifies the booking process. The app enables users to schedule deliveries effortlessly, ensuring a smooth experience from booking to final delivery. Their logistical network covers both urban areas and longer routes for outstation deliveries.
Business Tags
₹10 to ₹200 Cr
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