Vikrant Babu

Founder & CEO at FlyitOut - Bengaluru, Karnataka, India

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Location
Bengaluru,Karnataka,India
Company
FlyitOut
Vikrant Babu's Company Details
FlyitOut logo, FlyitOut contact details

FlyitOut

Bengaluru, Karnataka, India • 4 Employees
Logistics & Supply Chain

FlyitOut is building a marketplace driven delivery logistics platform for India that can create revenue streams for bus operators/travel agencies/long distance private commuters/local couriers who help carry the sender's item to the receiver at an affordable rate. We compete with DHL,FEDEx internationally & Delhivery Domestically. Our platform is unique to this industry providing a door to door solution using the logistic assets already available in Indian marketplace worth an ARR of 1 billion USD. Value Proposition——————————————————>Speed of delivery is higher compared to international & domestic couriers due to finders finding instant travellers & most of the finders being from travel industry or having their own transport systems such as domestic bus operators, taxi fleets. They gain an extra incentive by tagging themselves as both finders & travellers using their own staff to get the job done and get paid double>Door to door delivery which is new to the market as domestic couriers do not have that flexibility and the customer is required to go to the courier location.>No weight/size restrictions that follows a bidding model where the price is decided by the traveller >Sender can send at very affordable prices in both domestic & international routes >Travellers get to make money for carrying items> We will centralise the local courier system by providing a platform to find senders quickly and also get paid for picking up at the senders door step >Directing capital towards finders is more efficient than building asset based logistics and adds to solving the security issue and creates a platform for travel agencies/bus operators & public to earn money for their services. >Seamless mobile app built on MERN stack with payment gateways supported by stripe (Estonia) for European & US markets, Razorpay (Within India)

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Vikrant Babu works in the Logistics & Supply Chain industry.
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