Home Funding Vdeliver acquires funds from Corvus Ventures

Vdeliver acquires funds from Corvus Ventures

Vdeliver acquires funds from Corvus Ventures

Vdeliver is a Hyderabad based startup that works in the field of intra city logistics. Recently, it acquired an undisclosed amount of funding from the Hyderabad based Corvus ventures in a pre series A round of funding carried out by Mahesh Reddy along with R Ramaraj, co-founder of Sify and Anil Bhansali, the corporate vice president of Microsoft. Both happen to be the core member of the Mumbai based MAPE advisory group.

The technology driven logistic system, Vdeliver has been working extensively towards fulfilling the intra city delivery needs ranging from surgical items, packaged food, gift items, medicines ,business documents, detox juices along with last-mile logistics with a keen focus on high end efficiency and fast paced delivery speed.

Effective logistics and delivery constitute an integral part of any successful business. The top-notch technology used by Vdeliver has facilitated its impeccable delivery services to an altogether new level and has attracted investors like Corvus ventures to invest in it. Vdeliver doesn’t only speed up the delivery operations but, also contributes significantly in business optimization.

Srinivas Madhavam, Founder & CEO of VDeliver strongly believes in the potential of the technology driven logistic system and is planning to use the fresh funds received in expanding its operation to other big cities. The fact that it is already the market leader in Hyderabad with a strong market hold in Chennai makes it success story quite evident. Moreover, its unprecedented focus on technology and operational efficiency has triggered its creative offerings in the market and has given it a vast base of loyal customers. It recently launched its product Staytions which allows customers to place or pick a delivery simply through a QR scan code available in Staytions. It has not only improved the delivery service across Hyderabad but, has also revolutionized the way logistics are carried out.

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