Amritsar, NFA Post: Hyderabad-based hyperlocal delivery startup Pickkup has registered a sharp 11-fold growth during the last nine months, and now targets 100,000 orders per month by March, the company said in a statement.
Founded in 2018 by entrepreneur Hemanth Chandra, Pickkup serves sector agnostic businesses ranging from grocery platforms, restaurants, e-commerce companies, florists, and diagnostics, among others.
Pickkup has so far serviced over 125 merchants delivering more than 200,000 orders covering 1.5 million kms within Hyderabad with an uncompromising policy for a safe and secure service.
While it took the startup 12 months to complete its first 50,000 orders, its most recent 50,000 orders were completed within a short span of 6 weeks, the company said.
The startup is now expecting an exponential rise in deliveries from a strong pipeline of customers that includes Urban Kisaan, Karachi Bakery, Floweraura, Almond House, Q Mart, Fitness Bowl to name a few, it said.
Traditional courier companies do not offer on-demand and instant delivery services. On the other hand, most on-demand delivery companies operate in a limited radius. With Pickkup, all that businesses need to provide is: pick up location, drop location and what needs to be done. Pickkup’s value proposition came from its horizontal play across multiple categories providing radius-free intra city deliveries to businesses, the company said.
“Lack of efficient pick up and drop service has been a major pain area for businesses that are time and resource strapped. Pickkup’s enterprise based delivery model has served to fulfill this void by establishing a highly efficient last mile delivery model for everything. Our technology based model has been able to effectively utilise the existing network on the ground and demonstrate the ability to scale up and disrupt markets with innovation,” Pickkup Founder and Chief Executive Officer Hemanth Chandra said.
There is an infinite demand for last mile delivery service in India. Despite a huge COVID induced push to the digital economy, online mode still constitutes just 1.6% of retail sales in India as against 14% globally. Herein lies a huge untapped market for logistics services, the company highlighted.
“Time is precious, more so if one is living in a city. Urban residents are perpetually time-strapped and need efficient on demand services. As per estimates of the United Nations, another 300 million people will be living in Indian urban centers by 2050, creating a huge demand for instant intra city deliveries,” Hemanth added.
