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Food logistics start-up Grab raised $ 1 million to support its growth

Grab.in,
formerly known as ‘Grab a Grub’, a food-logistics firm was founded by Jignesh
Patel, Nishant Vora and Pratish Sanghvi in 2012.

Grab believes
that last mile of the food delivery chain- that is – delivering food from the
restaurant to the door-step of the customer is the most challenging step. Grab,
with a team of 500 smart riders on its rolls in Mumbai, ensure that the food is
delivered in 40 minutes from the time a customer places an order at the
restaurant.

Grab.in,
formerly known as ‘Grab a Grub’, a food-logistics firm was founded by Jignesh
Patel, Nishant Vora and Pratish Sanghvi in 2012.

Grab believes
that last mile of the food delivery chain- that is – delivering food from the
restaurant to the door-step of the customer is the most challenging step. Grab,
with a team of 500 smart riders on its rolls in Mumbai, ensure that the food is
delivered in 40 minutes from the time a customer places an order at the
restaurant.

At present Grab
works with over 350 restaurants in Mumbai and have now launched its services in
Pune. Last financial year, it delivered orders worth Rs 35 crore in Mumbai.

Grab recently
raised $1 million from Oliphans Capital and independent investor Haresh Chawla.
The funding will enable Grab to expand in new markets like Pune and others in
the near future. The company plans on deploying 800 riders in Pune enabling it
to deliver approximately 7000 orders daily across 700 outlets.

Pratish Sanghvi,
Co-Founder, said, “Home delivery orders are a significant portion of a
restaurants turnover. However, the last mile delivery is a challenge for most
restaurants. Grab uses technology to ensure the operational execution is
seamless. While Grab reduces a restaurant’s delivery costs by converting it
from fixed to a variable cost, it also allows it to expand its reach to a
larger customer base.”

Nishant Vora,
Co-founder, Grab, added, “While online food ordering is catching the customer’s
attention, it’s the restaurants that eventually take care of the final
delivery. Hence, we do not face competition from the online food ordering
vertical. Hyper-local logistics remains our forte and our focused attention on
its execution is Grab’s biggest strength.”

Grab has
recently tapped into the tiffin delivery segment predominantly run by Mumbai’s
famous dabbawallas. A deeper penetration into the city with the option of
delivering tiffins even in the night, has allowed Grab to bridge the gap.

Grab’s team of
smart riders are connected and trackable in real time with Grab’s mobile app,
similar to the ones used by cab aggregators. At any given point of time, a
restaurant using Grab’s services will be able to track and share precise
delivery time with the customer.  

Grab’s clients
include Mainland China, Subway, Smokin Joes, Punjab Grill, Sbarro, Cocoberry,
Pesca Fresh, Maroosh, Birdys, Theobroma, Busago, Cafe Mangii, Torrp it Up,
Zaafran, and many more.

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