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B2B last-mile delivery startup Quickli, snaps up another quick bridge round from 500 Startups and AVG

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As e-commerce — in fact B2B ecommerce — continues to gain momentum in India, a large number of last mile delivery providers have sprung up to ease up logistical issues on both the consumer as well as merchant end. Added to that list last year with an investment from 500 Startups, Quickli has today raised an undisclosed amount in a bridge round.

The round has been led by AVG Group and 500 Startups — an existing investor. The newly infused capital will be used to expand its presence, starting from Bangaluru. The company had earlier raised funding from Mato Paric and 500 Startups in its seed round.

Rohan Diwan, cofounder of Quickli, said,

We are currently doing 2,000 orders a day in the Delhi-NCR area and will utilise the capital to enter new geographies including Bengaluru. Close to 50% orders are in the food delivery space where we have tied up with restaurants directly. We also work with companies like Lenskart, 1 MG and others for delivering multiple orders in a milk run.

Quikli was founded in April 2015 by Sudhanshu Aggarwal and Rohan Diwan. Rohan Diwan was an employee of Target, a retailing company while Sudhanshu Aggarwal was the product manager of Zynga prior to founding Quickli.

The startup is more horizontally integrated. It offers custom solutions for various merchants for different categories. It lets retailers to have cost efficient delivery solution and scale benefits without manpower management. It also ensures deliveries-on-demand (DoD) for businesses through an app push button.

Merchants can use either iOS app, Android app, web dashboard, API integration or a simple missed call functionality to request a runner. The merchant and customer have complete transparency and can see the runners location in real-time to track the order.

Quickli claims to be transforming the way local goods move around a city. It enables anyone to get any product delivered in under one hour. It’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 plausible reason behind Quickli being able to raise funds even though investors are reluctant to invest in hyperlocal delivery businesses is its business model. Unlike other hyperlocal, Quickli has a focus on the merchants and it’s one of the key USPs of the venture.


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