Equity Funding for Next Delhivery for Large Appilances

By ManojPatel
Posted On: 24 / May / 2021
0 543

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Transportation
Charge

Deal Status

Active

Deal Description

Next Delhivery for Large Appilances Key points: ? Targeting: ? Grocery ¦ Regular delivery in metropolitan cities ¦ Cloud kitchen ¦ Assistance to B2B ? FMCG ¦ E-Commerce ¦ The brand itself ¦ Microfinance channel ? DELHIVERY is a competitor, however only provide last mile small appliances ? Moreover, Help the rural logistics system ? Revenue : 1.2 CR FY21-22 ? Operation started in 2020 December ? 7 customer onboarded ? Business model is infrastructure driven ? Advanced stages of interaction with flipkart to provide last mile delivery ? Variety of products ? Point-point FTL services for Cornext, which provides delivery in extremely remote areas across India ( Will implement Milk run methodology) ? Intra city delivery services for kurlon mattress ( 15 Locations gujarat, karnataka, chattisgarh ) ? Last mile delivery services for LAVA, Moglix, Supply note ( Cloud kitchen) taken over the faridabad location Team Size : 15

No Files Attached

Deal Value
Targeted Region
Americas

Revenue

2019-20
₹ 7.99 Crore
2020-21
₹ 7.99 Crore
2021-22
₹ 7.99 Crore
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