The rise of the on-demand economy has completely changed how the delivery and logistics industry operates in India. Thanks to the ubiquity of smartphones and on-demand delivery apps, moving something from point A to point B is just a push of a button away.
You order a dress online and can get it delivered the next day. Through Swiggy you can order food from your favorite restaurant and get it delivered within 30 minutes at your doorstep!
The need to be served instantly has led to the rise of many on-demand delivery startups in India who are capitalizing on this essential need. More players are joining the race as the Indian logistics market is set to reach US$ 307 billion by 2020.
In particular, the on-demand food delivery industry is set to earn a revenue of US$3,080m in 2018. The e-commerce related logistics segment will grow at a CAGR of 48% and stand at US$ 2.2 billion by 2020, according to KPMG.
In light of such huge potential, let’s check out 10 of the most talked-about on-demand delivery startups in India.
This startup is a notable success story in the on-demand delivery space. Founded in 2015 by Vaibhav Khandelwal and Abhishek Bansal, the venture recorded gross revenue of Rs 34.07 crore for 2017.
The duo started their operations focusing on food delivery, but have expanded the service portfolio to include groceries, pharmacy, and other items. It has also moved into the B2B industry covering over 70 cities across India.
The company offers 100% mobile activated deliveries utilizing their strong network of 7,000+ delivery partners and over 400 vehicles. The on-demand logistics solution provider enables food deliveries for over 1,000 restaurants across India. It recently acquired business assets of NuvoEx, an e-commerce-focused logistics business, for an undisclosed amount to expand its operations into more Indian cities.
Jugnoo Delivery Services
You can find Jugnoo offering their on-demand delivery service in over 40 cities of India. The company uses innovative ways to pick up, load, deliver and unload a wide array of products.
Apart from bikes and vehicles, you can get your items delivered even in auto rickshaws cutting down the cost. Jugnoo doesn’t only deliver normal items like other on-demand delivery startups, they also have some unique services like wedding card and tiffin delivery and collection of cheques, documents, address verification and more.
You can almost send anything using their app which provides real-time GPS tracking of the driver with ETA and other details. The startup aims to provide a seamless delivery service to both consumers and businesses.
Read More About Top On-demand Delivery Startups in India Transforming Logistics.
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Today all eyes are on India because the number of Artificial Intelligence startups in the country has exploded in recent years.
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The COVID pandemic has massively escalated the surge of cyberattacks and data breaches despite having robust security controls, software, and solutions abundantly available in the market. A lot of this could be attributed to the vulnerability businesses offer the cybercriminals to take advantage of the situation quickly. While the conventional cybersecurity approach has benefited many, having cybersecurity without cyber-intelligence and necessary awareness can put the security professionals off-guarded to more complicated and novel threats.
Furthermore, with limited cybersecurity resources, businesses need to prioritise their efforts to strengthen cyber posture effectively; however, many organisations do not have an anchor point or a guiding principle, to begin with. With cyber-intelligence inputs missing from cybersecurity capabilities like incident management, vulnerability management, risk assessment and brand monitoring, businesses end up running their security practice in silos instead of an integrated approach.
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