Quickli Technologies, Same‐day‐delivery startup headquartered in Gurgaon announced today that it has raised undisclosed follow on round. The round has been led by 500 Startups and Asia Ventures Group, participated by all previous investors.
Founded by Rohan Diwan and Sudhanshu Aggarwal in 2015 to help local retailers, businesses, and ecommerce companies deliver products to customers on the same day orders come in.
“With AVG, we saw a great opportunity to bring hands on investor that will significantly enhance our understanding of building global businesses.” Says Sudhanshu
Same day delivery continues to experience a massive growth and demand not just from food and grocery but also from new sectors like healthcare, gifting and replacement parts. “We’ve seen many companies in this space globally but the economics and execution that these guys have demonstrated is incredible” says Kai Kux, Managing Director at AVG
The funding round comes less than a year after the previous round and will be used to intensify Quickli’s quest for domination. “Delhi NCR continues to be our top priority however we will be looking at expanding to other cities soon as we have well‐developed market insights and created our technology solutions to scale” Rohan says.
Globally there are some companies that are emerging big winners in the same day delivery space like Deliv, backed by UPS in the US and China’s Dada and SHBJ, backed by Alibaba while it remains to see how the Indian ecosystem unfolds in the next coming months.
The platform counts Airtel, Reliance Fresh, KFC, Innerchef, Pharmeasy among others as its clients and digitally tracks the order lifecycle to charge the businesses based on kilometer travelled and time spent on an order and compensate the riders on the same metric, charging a fee on each order.
