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Logistics service provider VDeliver raises undisclosed Series A funding from KLCP Holdings


VDeliver provides hyperlocal logistics services in Hyderabad

Bengaluru – Jan 24, 2016. RedNewswire/-

VDeliver is a Hyderabad-based hyper-local logistics enterprise. It has raised an undisclosed amount in series A funding round from KLCP Holdings and Australia-based Boss Consulting.

The company was founded in 2011 by Srinivas Madhavam.  It provides users with food delivery from the listed restaurant partners of the company, office supplies delivery, medicines, gifts, groceries and document delivery services.

It provides last mile delivery, cash on delivery, pickup & delivery, cash before delivery and reverse logistics services for a  number of goods.

VDeliver will use the funds generated to launch an array of innovative services including ‘Via VDeliver’, to facilitate easier e-commerce deliveries at corporate offices and gated communities. It plans to expand its footprints to Mumbai & pune.

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Srinivas Madhavam, founder and CEO of VDeliver said….

 “With a comprehensive business plan and focus on growth, VDeliver has raised this investment at a time when the logistics market place is seeing interesting trends.” 

“The investment made into VDeliver indicates the value start-ups with focus on building great services with strong operational and financial discipline garner with investors,” he added.

It provides 4 hr, 12 hr and 24 hr delivery services and has various sources of revenue.

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