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XOBOX aims to tackle residential last-mile delivery hurdles
Entrackr
·
1y ago
Medial
Last-mile delivery hasn’t been perfect. Not that the likes of Dunzos of this world haven’t tried to address this. Recently, we saw Zomato experimenting with last-mile delivery through a unique concept of ‘walkers’ for corporate parks. Bengaluru-based XOBOX is one of the few startups that is trying to fix the last-mile delivery challenges especially for people living in urban areas. The company handles packages for residents in apartment complexes. Some of the features are securing the packages in smart lockers and dropping them to customers’ doorstep when they are back to their homes, and home delivery of essential items. We spoke to XOBOX founder and CEO Kiran Shivappa about his startup, what distinguishes it from the competition and the roadmap ahead. Here are the edited excerpts: How did you come up with this idea? I live in an apartment complex and even before the Covid deliveries were left scattered in front of the door and stray cats use to destroy especially milk packet which cause everyone to talk about it hours in community Whatsapp group, this made me think to find/adopt a solution to secure the deliveries when residents not able to receive it or may be they are not around. How does the platform work? Please help simplify the process. When we started the service, we started taking the request from residents to handle their packages and we coordinated with delivery guys to take the package, pay them if it is a COD [Cash on Delivery], and secure them in the locker until they come back, then we deliver it to their doorstep. We went one step ahead and made a contract with 3PL [Third-party logistics] and ecommerce companies to take every delivery coming to the society and our dedicated resources would hand them over to the residents, if the resident is not available then secure the package in the locker and hand it over once they come back. What are the key challenges in the industry that have not been addressed yet? And how do you plan to address them? Ecommerce companies have tried many solutions to optimize the last leg of the delivery process and achieved the Kirana model also, but they never got a chance to be inside the society exclusively and take care of the deliveries and achieve the customer delight to bring the most convenience to them in their package receiving time. We have dedicated resources inside each society to carefully handle the package and interact with residents and elderly people and become familiar to them so they feel comfortable to receive us at the doorstep at any time and feel secured as well. Industry major players tried to introduce the lockers but these lockers operate as a complete unmanned and fully automated, for this reason the adaptation was a big challenge and education was also a challenge. We adopted a 70/30 model where, way the lockers were built, operated and how people would feel easy to adopt this because the “30” percentage is the resources we introduced along with “70” percentage technology, our dedicated resource will work with all stake holders in the gated community to educate and make every one understand how to use the service. What are your short-term and long term goals in terms of product and business expansion and diversification? In the short term, we are looking to expand the service to 35 more gated communities in Bengaluru in 2nd and 3rd quarters of 2024 and then go to other cities. As far as long-term plans go, we are going to sign contracts with major ecommerce and 3PL companies to increase the volume in each society and serve the needs of elderly population in the community. We would want to reach 700-1000 gated communities and generate 150-180 cr annually.
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Amazon launches programme for deliveries via electric vehicles in India
Economic Times
·
1y ago
Medial
E-commerce giant Amazon has initiated a last-mile fleet program in India, exclusively employing electric vehicles (EVs) for its delivery service providers. The program aims to offer more than 300 delivery service partners access to customized Mahindra Zor Grand three-wheeler EVs, specifically designed for last-mile deliveries. Amazon plans to gradually include all its last-mile vans in the program over the next two years, contributing to its target of having 10,000 EVs in its India fleet by 2025. This initiative supports Amazon's global environmental objective of achieving net-zero carbon by 2040.
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Former Piramal executive's Altern Capital floats maiden realty AIF
VCCircle
·
1y ago
Medial
Altern Capital, led by former Piramal executive Navin Dhanuka, has launched its maiden real estate fund. The Bengaluru-based firm aims to support residential plotted development projects and provide last-mile funding. Dhanuka, founder and CEO of Altern Capital, plans to raise around Rs (Indian Rupees) 200 crore for the fund.
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Yulu Expands In Gurugram In Last-Mile Delivery Space
OutlookIndia
·
1y ago
Medial
Yulu, an e-commerce startup, expands its operations in Gurugram by offering last-mile delivery services. The company's move aims to bridge the gap in the last-mile logistics sector, providing efficient and sustainable delivery solutions. With this expansion, Yulu strengthens its presence in the Gurugram market and contributes to the growing demand for eco-friendly transportation alternatives. Gurugram is Yulu's fourth city after Bengaluru, Mumbai and Delhi, where it already operates a shared fleet of over 25,000 electric vehicles
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Amazon onboards 12 SMBs under delivery service partner programme
Economic Times
·
1y ago
Medial
Amazon has recently onboarded 12 small and medium-sized businesses (SMBs) under its Delivery Service Partner Program. This program enables these SMBs to provide last-mile delivery services for Amazon packages. Through this partnership, Amazon aims to strengthen its delivery network and provide opportunities for small businesses to grow in the e-commerce space.
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eBikeGo plans to expand electric two-wheeler fleet to 1 lakh units by FY26
YourStory
·
1y ago
Medial
Electric vehicle rental service operator eBikeGo plans to expand its fleet of electric two-wheelers to 100,000 units by FY26, targeting the growing last-mile and ecommerce sectors in India. With the domestic last-mile delivery and ecommerce business growing at 6.4%, the company aims to cater to the demand for affordable and sustainable delivery vehicles. eBikeGo plans to extend its operations beyond metropolitan cities and target Tier I and Tier II cities as well. The hyperlocal delivery market is expected to reach $92.50 billion by 2029, with increasing penetration into smaller cities and rural areas. The company currently manages a fleet of over 3,000 e-bikes.
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Shadowfax Technology raises $100 million in Series E round led by TPG NewQuest
Thehindubusinessline
·
1y ago
Medial
Indian on-demand logistics services provider Shadowfax Technology has secured $100m in a Series E funding round led by TPG NewQuest. Existing investors, including Flipkart and Qualcomm, also contributed to the round. Shadowfax plans to use the funds to strengthen its middle-mile network and expand its last-mile delivery services to cover all 20,000 pincodes in India. The company, which currently operates in over 2,500 cities and delivers 2 million packages daily, aims to solidify its competitive edge through expansion and enhancing its express delivery network.
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Logistics solutions startup OORJAA raises Rs 5.35Cr in a pre-Series A round led by Inflection Point Ventures
IndianStartupNews
·
1y ago
Medial
Logistics solutions startup OORJAA has secured Rs 5.35 crore ($720,000) in a pre-Series A funding round led by Inflection Point Ventures (IPV). Other investors include Vinners Platform, Soonicorn Ventures, and HEM Angels. OORJAA plans to use the funding to expand its team and scale its PiE KART platform, which offers eco-friendly intracity delivery solutions using shared trucks. The company aims to revolutionize last-mile and mid-mile logistics with advanced technology. OORJAA operates in over 40 cities in India and manages a monthly delivery volume of 22 million tonnes.
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Bengaluru-based logistics startup Shadowfax raises $100M led by TPG NewQuest, existing backers
IndianStartupNews
·
1y ago
Medial
Bengaluru-based logistics startup Shadowfax has raised $100 million in a funding round led by TPG NewQuest. The round also saw participation from existing investors, including Walmart-owned Flipkart, Mirae Asset Venture Investments, IFC, Nokia Growth Partners, Qualcomm, and Trifecta Capital. With the fresh capital, Shadowfax aims to enhance its express delivery network and strengthen its middle-mile logistics. The startup plans to extend its last-mile delivery services to cover 20,000 pin codes across India. The funding comes at a crucial time when the quick-commerce sector is witnessing rapid growth in India.
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Drone delivery startup Skye Air raises $4 million in funding
Economic Times
·
1y ago
Medial
Skye Air, a drone delivery logistics provider, has secured $4 million in funding in a round led by Mount Judi Ventures, Chiratae Ventures, and other investors. The funds will be used to expand Skye Air's last-mile drone delivery network in Gurugram and other cities, particularly for healthcare, e-commerce, and quick-commerce deliveries. Skye Air, founded in 2019, provides sustainable last-mile logistics solutions using drones and has developed a traffic management system for regulating drone traffic and ensuring safety. The investment reflects the potential of the rapidly growing drone delivery industry in India.
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Logistics services provider Shadowfax launches Flash, a 30-min delivery service
IndianStartupNews
·
1y ago
Medial
Shadowfax has launched Flash, an on-demand delivery service app, which promises to deliver within 30 minutes. With a presence in over 50 cities, Flash aims to redefine speed and efficiency in last-mile delivery. The app employs a "milk run" delivery model, consolidating multiple shipments into a single route. It also features real-time tracking and transparent delivery updates. With 2 million packages handled daily, Shadowfax's expansion into the on-demand delivery market positions it as a strong competitor.
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