More money for hyperlocal delivery. Bengaluru based hyper-local startup, DailyNinja has secured an undisclosed amount in its seed funding round, from the co-founder of Taxi for Sure Aprameya Radhakrishna and FindYogi’s Naman Sarawagi, Delyver’s Afsal Salu in addition to six other angel investors.
The fresh funds will be used to expand the operations of the firms to other areas and set up warehouses in the city. It currently operates in Marathahalli and Mahadevapura areas of Bengaluru.
DailyNinja was founded four months ago by Sagar Yarnalkar and Anurag and is one of its kind subscription based service for fulfilling the daily needs of people such as milk, bread, eggs, curd, paneer, dosa batter etc. and provides its services from 7 am to 8 pm.
And while there are many hyper-local startups which are coming up in grocery segment, DailyNinja apparently is the only one which is exclusively focusing on daily needs through a subscription based model.
The daily needs market is a subscription based one. The target audience is huge and yet this vital market is untapped. Team Daily Ninja has come up with a perfect solution to deal with this highly unorganised sector,
DailyNinja’s team usually visits a building or an apartment and after talking to authorities, their customer relation executives go door to door to people. Once people get agreed, they set up their apps on their phones enabling them to easily start their subscription. Customers are required to maintain a minimum balance in the app wallet.
The company claims to be processing 500 orders a day within 4 months of its operations with an average order less than Rs 50. They are planning to scale up the operations by aiming at 5000 orders a day in near future and also have plans to commence operations in Mumbai as well in addition to expansion in Bengaluru.