Startup Showcase

Catapooolt Changemakers: Farishtey Logistics

Farishtey is an on-demand delivery service that delivers anything anywhere.

These days moving packages around every corner in a city is a big issue. Living in a fast-paced world, people often face the problem of “too much to do in too little time”. Most of the time too much to do has a lot with bringing something from somewhere or taking something to a place. Such as grocery picking, giving and collecting clothes from laundry, medical, paying bills and plethora of similar tasks. Errands, on their own, are very small but accounts when one spends in undertaking the travel to do them, the traffic or the fatigue of waiting in a queue or the effort required by the task exceeds the value of the errands.

Understanding that time is of the essence that is why Farishtey offers a solution to its customers by removing the inconvenience and hassle one would otherwise face by being at their service to deliver almost anything to everything, from anywhere to everywhere within Pune in the least possible time.

Over 15,000+ deliveries in a short span, Farishtey has been able to graph a provable traction in the market.

The Clients include Ferns n Petals, Smokin’ Joe’s, Hyderabad House, RushHrs, Subway, New Poona Bakery, Punjabi Swad, The Breakfast Box, Greens n Grills, Apyayan and much more.

In a business where there is no machinery involved, it gets challenging to retain and maximise the potential of the available manpower. Just like in the field of aviation and hotel.

In the coming days, Farishtey aims to be an INR10, 000 Cr Company. The Pilot Model of Farishtey commenced on 12th August 2016 with lots of ups and downs in the first quarter, since then there was dramatic growth in the graph. The startup upscales to 40% every month since Feb 2017. Farishtey strives to create on-field employment to 300 riders in Pune City in a span of 1 year as it grows to other cities, the employment growth to multiply accordingly.

Catering to the very necessary non-luxury service basic needs, Farishtey anticipates creating a monthly revenue of Rs. 85 Lakhs+ with 300 riders in Pune working on average capacities. Considering this model to be replicated in 15 other cities in India, this startup expects to generate revenue of INR15 to 18 Cr of monthly sales Pan India with direct employment to 3000+ riders on the field and about 40 administrative teams.

In the second Phase, Farishtey targets get into Tier 2 cities which identify as 40 business able towns in the country where with 20 riders will be placed in each town. By this strategy monthly achievement sale of Rs. 2 to Rs. 2.5 Cr can be targeted. In the span of next 3 years, Farishtey to generate annual sales of INR 300 Cr to Rs. 350 Cr with Pan India employment of over 5000 Riders.

Major business anticipation is from non-business clients where the average order value is 200% higher than restaurants and store owners.

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