The easy access to and popularity of the internet has changed the way we do things. Right from shopping to education and even healthcare, the internet can be found everywhere. In the right manner it has turned the world into a global village and enabled the different business owners in reaching a larger audience. The rise in global ecommerce sales is recorded at 25% in the last quarter of 2015. This in turn has fueled a large number of logistics startups across the globe.
According to the researches conducted by eMarketer (a market research firm) consumers all over world have spent about $1.672 trillion online in 2015. This amount equals almost 7.3% of the overall retail sales all over the world. The research also says the online retail sales will be double that in the year 2019.
However, there is one problem with the online shopping which is that there are no logistics companies that undertake the delivery of anything and everything. Customers are not able to gauge the severity of the problem if they get the deliveries on time, but online retailers find it quite difficult to tie up with different logistics firms.
Mr. Hemachandra Reddy and Srinivas Madhavam rightly identified this problem. This happened when a food delivery customer asked Srinivas if he could get a designer wear from a fashion designer delivered urgently. This was the vacuum that Srinivas found in the local logistics space and ensured that she helped her customer by getting the dress delivered at a charge of Rs.300.
This in turn gave birth to the logistics startup Vdeliver which was initially only meant for food delivery. However, when Srinivas realised that there was a demand in the logistics area as well, he and his engineer friend Hemachandra converted Vdeliver into a fully integrated system of delivering anything that is legal.
The concept of Vdeliver is based on intercity logistics. Their delivery times are between 11:00 AM to 11:00 PM and they deliver anything that is not restricted by the government anywhere in the city of Hyderabad. The customers can place an order either on the official website or on the app which can be downloaded from Android playstore. The business customers get an API and back end admin Panel to ensure seamless deliveries on time.