Top News

Hyperlocal delivery start-up Roadrunnr expands to 11 cities

  • Bengaluru-based
    Roadrunnr, a B2B logistics platform for on-demand local delivery, has announced
    expansion of its services to 11 cities, and is currently making over 25,000
    deliveries every day,
    Gadgets 360 reported.
    • Bengaluru-based
      Roadrunnr, a B2B logistics platform for on-demand local delivery, has announced
      expansion of its services to 11 cities, and is currently making over 25,000
      deliveries every day,
      Gadgets 360 reported.

    • Image result for Roadrunnr
    •  
    • Roadrunnr
      started operations from Bengaluru six months ago, and now covers Mumbai, Pune,
      Delhi NCR, Gurgaon, Ghaziabad, Chandigarh, Hyderabad, Lucknow, Indore, and
      Kolkata. The firm plans to reach 100,000 deliveries per day by early next year,
      and has over 4,000 merchants across the country on its platform.
    •  
    • Founded by
      Mohit Kumar and Arpit Dave, Roadrunnr has raised around $11 million in funding
      so far, backed by Sequoia Capital, Nexus Venture Partners, and Blume Capital.
    •  
    • The company
      operates on an asset light model, working with a part-time delivery staff of
      around 4,000 students and drivers, whose operations are managed through an
      Android app. A runner is expected to log in to the system for a minimum of 20
      hours a week.
    •  
    • “B2B
      hyperlocal logistics at a large scale is yet to be tackled at a deeper level.
      We are focused on solving several critical challenges in the space and our
      learning will come from growing in different geographies,” Kumar said.
    •  
    • “We’re
      the most scaled up player in this space, at least about seven to eight times
      larger than the second largest player. Our strengths come from using our
      technology platform to access part time labour. Over 40-45 percent of our fleet
      is completely part-time.” he added.
    •  
    • Apart from
      delivery for many leading restaurant chains, Roadrunnr has also paired with
      personal assistants like Helpchat and Lookup, and food delivery start-ups like
      TinyOwl and HolaChef.
    •  
    • In the
      business-to-business hyperlocal delivery space, RoadRunnr competes with
      companies such as Delhi-based Turant Delivery and Quickli, and Mumbai-based
      Shadowfax and Grab.in.
    •  
    • The
      hyperlocal delivery space has emerged as one of the lucrative sectors of late.
      Companies such as Grofers and PepperTap in the grocery space, Swiggy and
      TinyOwl in the food delivery space, and Zopper in the electronics segment have
      together mopped up more than $110 million since February this year from
      investors such as Matrix Partners, Sequoia Capital, Nexus Venture Partners and
      Tiger Global Management.

     

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close