24th Apr, 2016, marks one complete year since we started out with Quifers (a technology logistics firm that provides a comprehensive solution comprising of Technology, Analytics & Operations for businesses to manage their logistics). We are already clocking in revenue close to INR 1 Cr per month (powering about 9300 deliveries on daily basis) and are on our way to breaking even within a span of 7 months. But trust me, nothing about this is as rosy as it sounds.
We felt that we should share this adventurous journey; lest, someone is thinking of starting up or have started up with any idea, this account might help you in some way or other. Or else, it could be a good read to understand what happens when you start with an idea and are scaling up. After all, we ourselves are passionate beings who value collaborative spirit a lot.
Let me start with the story about this journey.
We are a bunch of techies, product freaks and business specialists who resigned from our jobs to give an idea a try.
But before that let me give you a brief about what we do. Managing Operations & Logistics has always been a pain and coupled with a huge wastage it’s easily something that affects a company’s bottom line. Standing at the intersection of technology, analytics & logistics, we are focusing on building products that makes it possible for businesses to manage their pickups/deliveries/distribution with convenience and competitiveness.
Our smart algorithms, savvy mobile apps and a simple dashboard helps business save on resource, time and cost by efficiently planning, managing and reconciling the deliveries. Additionally, it’s creating a revolution by solving problems plaguing whole industry (like — managing returns with deliveries, maintaining address consistency for end deliveries, reducing delivery re-attempts; to name a few). We cater to businesses as big as leading e-commerce & courier delivery firms, the FMCG and Retail biggies to numerous startups who want to fully outsource their logistics to us and to conventional small businesses.
However, that’s not how we started. We looked more something like this:
Yes! We started out with the concept of providing on-demand commercial vehicle to people who want to move their household goods. So how did this turn into that!