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Quickli Raises Funding From 500 Startups And Others To Expand Presence

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Quickli, a hyperlocal delivery start-up, has raised an undisclosed amount of funding from 500 Startups, Mato Peric and some other angel investors. With the new cash coming to the company, it is now planning to expand it’s team and go deep with a limited set of customers and geographies.

Founded in April 2015 by Sudhanshu Aggarwal and Rohan Diwan, the company is currently making 1,000 deliveries per day in the Delhi-NCR region. Rohan Diwan was an employee of Target, a retailing company while Sudhanshu Aggarwal was the product manager of Zynga prior to founding Quickli.

The company is transforming the way local goods move around a city. It enables anyone to get any product delivered in under one hour. Quickli’s urban logistics & on-demand delivery platform connects customers with local runners, who pickup and deliver goods from any restaurant or store in the city.

The company charges Rs 15 plus Rs 6 per km for delivering any product. It claims that it delivers any product in Gurgaon in under one hour and for food, it claims to deliver within 15 minutes.

In recent times, many hyperlocal startups have raised funding, including Roadrunnr, Jugnoo, Townrush, etc. Grofers has raised around $45 million in two funding rounds, while PepperTap raised $12 million in two rounds.

In India, hyperlocal delivery startups have raised over $130 million in about 28 funding rounds, with more than $100 million investment coming in past 6 months. In this space, the most heavily-backed start-ups include Grofers, TinyOwl, Swiggy, ZopNow and PepperTap.

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