Logistics Platform Raising Funds In Patna
About Business
The business is developing a technology platform that enables users to hire a wide range of vehicles from a single marketplace. The platform caters to both commercial and service vehicle requirements, including trucks, tempos, ambulances, JCBs, cranes, SUVs, hatchbacks, and other vehicle categories, offering a one-stop solution for diverse transportation needs.
The venture was launched a few weeks ago and is currently focused on serving the logistics industry. As part of its pilot phase, the platform is operational in Patna, where it has onboarded approximately 50 active vehicle operators.
The founding team combines expertise from logistics, banking, and insurance. One co-founder has around 1.5 years of experience in the banking sector and later worked in a government bank. They also come from a family with an established logistics business, providing valuable industry knowledge and operational insights. The second co-founder brings over six years of experience as an insurance broker, contributing expertise in risk management, customer relationships, and business operations.
Clientele type
They are planning to target manufacturers and suppliers.
Premises
LEASED
Lease per month (in INR): 10.00 K
Security Deposit (in INR): 50.00 K
Carpet Area: 800 sq ft
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 30.00 L
Minimum ticket size
INR 10.00 L
Reason
They are raising funds to launch the business.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience