2019
Hyderabad (India)
Seed
PIQYU is a rapidly growing 3PL (third-party logistics) and last-mile delivery service provider. PIQYU has quickly emerged as a key player in the logistics and supply chain industry, offering comprehensive logistics solutions across PAN India. The company serves a diverse clientele, including major e-commerce, food, grocery, and healthcare brands such as Zepto, Meesho, Big Basket, and Amazon.
Last-Mile & Hyperlocal Delivery: Fast, secure, and convenient delivery solutions tailored for e-commerce, grocery, food, healthcare, and pharmacy sectors.
E-commerce Logistics & Reverse Logistics: End-to-end logistics management, including returns and exchanges for online retailers.
Warehouse Management & On-Demand Warehousing: Flexible, scalable storage and fulfillment solutions for D2C brands and e-commerce merchants, supported by digital automation and API integration.
Dark Store Setup & Inventory Management: Enabling brands to optimize local inventory and achieve rapid fulfillment.
Mid-Mile Delivery: Efficient transfer of goods between warehouses and distribution centers.
EV Fleet & Green Mile Deliveries: Sustainable delivery options powered by electric vehicles, including an innovative EV Lease to Own Program for delivery partners.
Specialized Services: Pharma and cold chain logistics, pathology sample collection, and high-density distribution for healthcare clients.
Direct Service Fees: Charges for last-mile, mid-mile, and hyperlocal delivery services provided to e-commerce, grocery, food, and healthcare companies.
Warehousing & Fulfillment Fees: Revenue from storage, inventory management, and order fulfillment services for D2C brands and online retailers.
EV Lease to Own Program: Income from leasing electric vehicles to delivery partners, with flexible repayment structures that promote sustainable mobility and empower gig workers.
Value-Added Services: Additional charges for specialized logistics (cold chain, pharma), dark store setup, and reverse logistics management.
Technology Integration Fees: Monetization through API integrations and digital logistics solutions for enterprise clients.
B2B: E-commerce, food delivery, grocery, healthcare, and D2C brands.
Enterprise: Large-scale clients requiring integrated logistics and supply chain management.
Delivery Partners: Empowered through lease-to-own EV programs and training initiatives.
Market Expansion: Aggressively entering new cities, especially in tier-2 and tier-3 markets, to increase national coverage.
Product Innovation: Continuous development of tech-enabled logistics solutions, green delivery programs, and value-added services.
Strategic Partnerships: Collaborations with EV manufacturers and finance partners to drive sustainability and empower the delivery workforce.
Operational Excellence: Investing in training, process improvement, and technology to maintain high growth and service standards.
PIQYU is redefining logistics in India through its tech-enabled, sustainable, and scalable approach to last-mile and hyperlocal delivery. With a strong focus on operational excellence, rapid expansion, and green logistics, PIQYU is well-positioned for continued growth and industry leadership. Its innovative business model, robust client base, and commitment to empowering delivery partners make it a compelling choice for investors, researchers, and industry professionals tracking the future of logistics and supply chain in India.
$350 K
0
$60.4 K, Angel
as of July 6, 2024
$11.1 Million
as of July 6, 2024
31.71
as of July 6, 2024
MiraiNxt
and 2 more36
Graas
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
July 6, 2024 | Angel | $60.4 K | $11.1 Million | - | - | - |
August 8, 2023 | Seed | $121.0 K | $1.3 Million | $2.6 Million | 0.4x | Nxt Discovery Fund, MiraiNxt |
May 2, 2022 | Seed | $169.0 K | $1.2 Million | $667.0 K | 1.5x | - |