Friday, January 28, 2022
Home Stories Startup "Vahak" The perfect App for All Truck Drivers, Transport Companies and Business...

“Vahak” The perfect App for All Truck Drivers, Transport Companies and Business Owner

Logistics is the backbone of the Indian economy. Bengaluru-based logistics startup Vahak is a community and a B2B marketplace for truck owners, transporters, and consignors. The app offers client businesses across India to book transportation online by connecting directly with lorry owners. In simple words, it is – Book, Load & Lorry Online. You can post your inquiry, attach lorries, book trucks online, and bid on truckloads with only a click from your mobile.

Image credits: Inc42

The need for trusted transportation

Karan Shaha’s family members, who owned businesses, faced many challenges while booking trucks for transporting their goods. According to Karan, “I got to know from some of my family members who run steel plants and rice mills that booking trucks are a hassle as the rates keep fluctuating and trust issues with transporters, among others.”

He further adds, “Currently, a major portion of the transportation business is done through telephone calls, which results in a lot of confusion, delays, and losses. At the same time, many of the transporters do not have an online presence, which results in a trust gap in the market.”

It prompted the IIT graduate and his friend Vikas Chandrawat to look deeper into the logistics business. After in-depth research and interacting with over 1,000 transport companies and lorry owners, the two IITians in 2019 launched Vahak, the online transport marketplace to provide reliable ground-level transportation.

Image credits: Tech in Asia

The Win-win App

Since its launch, Vahak has already crossed 1+ million downloads The startup claims it does not charge the vehicle owners or the users for its services.

Vahak has developed a network of more than five lakh transport companies. With more than 10,000 daily active loads, it serves more than 8,000 locations across the country. The app network now covers transport and logistics hubs across India such as Mumbai, Pune, New Delhi, Ahmedabad, Kolkata, Chennai, Visakhapatnam, Raipur, Bhilai, Bhopal, Lucknow, Bengaluru, Kochi, Chandigarh, Vapi, Surat, Nagpur, Patna, and Indore.

The app is a win-win for both the transporter and the business owner. While transporters can generate leads and create an online brand for their business, business owners can reach out to lorry owners through the app in seconds.

The Way Forward

In order to generate revenue, the startup now plans to introduce additional financial services such as loans and insurance for truckers. The startup is also working on the Vahak app to enable online financial transactions for companies and truck owners.

In July 2021, Vahak raised USD 5 million in its pre-Series A funding through RTP Global, Luxor Capital, and Leo Capital. The startup is looking to deploy the funds towards strengthening the Vahak team and upgrading the app tech. The Bengaluru startup aims to increase its network to over two million transport companies and clock in $1 billion annual GMV in the next 12 months.

http://doerlife.com
Rukshana is a freelance content and communication strategist based out of Mumbai, India. She mingles her expertise in PR with comprehensive domain knowledge and creative writing skills to assist and propagate business, worldwide. Being a quick learner, she utilizes her diversified digital expertise to provide copywriting and content writing services to create highly profitable brands, products, and services.

Stay updated with us!

Subscribe and receive the latest news, special features and updates from us.

STAY CONNECTED

66,456FansLike
1,040FollowersFollow

Trending

No refrigerator, no AC at home: Here’s How I Cut My Monthly LPG Use in Half With Solar Cooking

Pallavi, who is from Shirasgaon in Maharashtra's Sangli district, earned a bachelor's degree in computer science in 2003...

Kerala Commissioner Merin Joseph, who brought a rape suspect back from Saudi Arabia, says more women IPS officers are needed of the hour.

When Kollam Police Commissioner and IPS Merin Joseph chose to travel to Saudi Arabia to arrest a child rape suspect who had...

19 year old on A Mission To Plant A Trillion Trees to Save the Environment

Felix planted his first tree two months after completing his class presentation on trees, which outlined the one million tree mission. His...

A 10 rupee solved many questions: In a talk with Raj who fought Against Depression!

Commencement of initiative against depression The motivational speaker Raj himself dealt with depression and anxiety where he even had...

For the past 30 Years, This Padma Shri Farmer Dedicated his Life to Planting 3 Lakh Trees

Himmat Ram Bhambhu, then 18 years old, would spend most of his time at his ancestral home of Sukhwasi in Rajasthan, watching...
Secured By miniOrange