Roadrunnr is an Indian logistics startup co-founded by Mohit Kumar and Arpit Dave that operates an online platform connecting merchants with delivery providers. It has raised $11 million, piloted successfully in Mumbai with 1500 daily orders and nearly 100% delivery accuracy. While its market share grows 40% annually, challenges included building a technology team and dealing with realities differing from plans. Opportunities exist in tying up with leading companies, a growing customer base, direct relationships without intermediaries, and serving both B2B and B2C customers.
2. INTRODUCTION
• Co-founded by Mohit Kumar and Arpit Dave,
• largest fleet for on-demand services
• B2B online platform and service provider for hyperlocal logistics
• Roadrunnr has raised approximately $11 million
• Piloted its services in Mumbai and received good response from merchants.
• delivery accuracy of close to 100% and have reached about 1500 orders a day.
3. Market share and competitors
• Market share increases approximately by 40% every year.
Fed-ex, bluedart,flipkart,
4. Challeges faced by starting venturte
• Requirement of technology team
• Heuristics were built what could go wrong,what could be start &
what would be the road blocks.
• It was after we started the work did we realise that excel plans
rarely hold true with actual business plans.
5. opportunities
• Tie up with leading companies
• Customers base is growing up
• It does not have intermediaries
• It has an opportunity to deal with B2B & B2C
