Blowhorn

Last updated

Blowhorn is an intra-city logistics provider headquartered in Bengaluru, India. It was founded in 2014 and currently operates in Bengaluru, Chennai, Hyderabad, Delhi NCR and Mumbai. The company connected customers with mini-truck drivers for intra-city, sub two-ton deliveries via its website and mobile app. In March 2017, Blowhorn secured series A round funding of Rs 25 crore from IDG Ventures India and the Michael & Susan Dell Foundation. [1]

Contents

Blowhorn
Blowhorn.png
Type of business Private
Available inEnglish
FoundedJuly 2014 (2014-07)
Headquarters Bengaluru
Area servedIndia
Founder(s) Mithun Srivatsa, Nikhil Shivaprasad
Key people
  • Mithun Srivatsa (CEO)
  • Santosh Desai (CTO)
IndustryTransportation and Logistics
Services
Employees150 - 200
URL blowhorn.com
Current statusOnline
Native client(s) on Android, IOS

History

Blowhorn was co-founded by Mithun Srivatsa [2] [3] and Nikhil Shivaprasad [4] who have collectively worked in the logistics and technology space for more than a decade. In 2014, they founded Blowhorn to address what they believed to be a grossly unorganized sector in India - the mini-truck drivers. The mini-truck transportation market in India is estimated to be between Rs 30,000 to 60,000 crore ($6.8 to 9.6 billion) annually. [4] The company has scaled to 160 employees and has aggregated 1.8 million mini-trucks in urban centres.

The company closed its series A round of venture capital funding in March 2017, raising Rs 25 crore ($3.65 million) from IDG Ventures India, the Michael & Susan Dell Foundation [5] and existing investors Draper Associates and Unitus Seed Fund. [4] The funds will be used in expanding Blowhorn's operations to eight other cities in the next 24 months, namely Kolkata, Kanpur and Indore, while aggregating 25,000 active drivers on a daily basis. [1]

Blowhorn was the delivery partner for OnePlus mobile phones campaign in Bangalore wherein once the order for the handset placed through the Blowhorn mobile app was accepted, the handsets would be delivered to the customers within 60 minutes. [6] [7] [8] The company has also worked in partnership with Uber. [9]

Blowhorn has a customer service training program for its mini-truck drivers, aimed at unemployed youth in India. [10] [4]

Related Research Articles

<span class="mw-page-title-main">BASIX (India)</span>

BASIX is an institution concerning the promotion of livelihood established in 1996 in India. It is headquartered in Hyderabad, Telangana. Around 2010 it's NBFC arm raised funds from private equity investors and declared bankruptcy after couple of years.

<span class="mw-page-title-main">Essar Group</span> Indian Multinational Conglomerate

Essar Group is an Indian multinational conglomerate company, founded by Shashi Ruia and Ravi Ruia in 1969. The company, known as Essar Global Fund Limited (EGFL), owns a variety of assets in the core sectors of energy, infrastructure & logistics, metals & mining, technology, and retail. EGFL holds a nearly 100% stake in all its investments.

Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.

<span class="mw-page-title-main">Dell Venue Pro</span> Smartphone by Dell

The Dell Venue Pro, codenamed Lightning, was a smartphone running the Windows Phone operating system. The phone used the T-Mobile network, but was only available for purchase at Microsoft retail stores or directly from Dell.

<span class="mw-page-title-main">Myntra</span> Indian fashion & lifestyle products company

Myntra is an Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. The company was founded in 2007-2008 to sell personalized gift items. In May 2014, Myntra.com was acquired by Flipkart.

Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal.

<span class="mw-page-title-main">Borqs</span> Developer of IoT products and solutions

Borqs Technologies Inc. is a publicly traded Internet of Things manufacturer.

<span class="mw-page-title-main">Unitus Seed Fund</span>

Unitus Seed Fund (now Unitus Ventures) is a venture fund based in Bangalore and Seattle that supports early-stage tech startups with India scale and global potential. It funds early-stage Indian technology startups, primarily in the healthcare, education and financial sectors. As an impact investment fund, its focus is on startups that serve low and middle-income consumers.

<span class="mw-page-title-main">Ola Consumer</span> Indian ridesharing company

Ola Consumer, formerly Ola Cabs, is an Indian transportation company that provides ride-hailing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, and operates in 250+ Indian cities.

<span class="mw-page-title-main">Paytm</span> Indian financial technology company

Paytm is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida, India. Paytm was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants to receive payments through QR code payment, Soundbox, Android-based-payment terminal, and online payment gateway. In partnership with financial institutions, Paytm also offers financial services such as microcredit and buy now, pay later to its consumers and merchants.

Oxigen Services is an Indian fintech company. It is involved in the micropayment of services and remittances in real time.

In the early twenty-first century; foreign investment, government regulations and incentives promoted growth in the Indian electronics industry. The semiconductor industry, which is its most important and resource-intensive sector, profited from the rapid growth in domestic demand. Many industries, including telecommunications, information technology, automotive, engineering, medical electronics, electricity and solar photovoltaic, defense and aerospace, consumer electronics, and appliances, required semiconductors. However, as of 2015, progress was threatened by the talent gap in the Indian sector, since 65 to 70 percent of the market was dependent on imports.

MapmyIndia is an Indian technology company that builds digital map data, telematics services, location-based SaaS and GIS AI technologies. The company was founded in 1995 and is headquartered at New Delhi with regional offices in Mumbai and Bengaluru and smaller offices across India. It also has international offices in the San Francisco Bay Area and Tokyo.

Delhivery is an Indian logistics and supply chain company, based in Gurgaon. It was founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati. The company has over 85 fulfillment centres, 29 automated sort centres, 160 hubs, 7,500+ partner centres, and 3,500+ direct delivery centres, as of 2021. About two-thirds of its revenue comes from providing third-party logistics and delivery services to e-commerce companies.

Livspace, is a home interior and renovation company headquartered in Singapore. It provides interior design and renovation services in Singapore and India. The company was founded in 2014 by Anuj Srivastava and Ramakant Sharma and has raised funding of $450 million.

Dunzo was an Indian e-commerce company that delivered fruits and vegetables, meat, pet supplies, food, and medicines in major cities. It also had a separate service to pick up and deliver packages within the same city. Dunzo provided its delivery services in eight Indian cities including Bengaluru, Delhi, Gurugram, Pune, Chennai, Jaipur, Mumbai and Hyderabad. The company operated a bike taxi service in Gurgaon. Dunzo was headquartered in Bangalore and was founded in 2014 by Kabeer Biswas along with co-founders Ankur Agarwal, Dalvir Suri and Mukund Jha. Services were shutdown in January 2025.

<span class="mw-page-title-main">FirstCry</span> Indian e-commerce company

BrainBees Solutions Limited, d/b/a FirstCry, is an Indian multinational retail company focused on infant, maternity and children's products. The company was founded in 2010 and is headquartered in Pune. It sells products through its website, mobile app and over 1,000 stores, which operate under FirstCry and BabyHug brands.

<span class="mw-page-title-main">RMZ Corp</span> Indian real estate company

RMZ is a privately-owned global alternative asset owner, headquartered in Bengaluru, Karnataka ,India. The company has developed projects in multiple cities in India, including Bengaluru, Chennai, Hyderabad, Delhi NCR, Pune, and Mumbai The company has a portfolio of real assets spanning a total of 70 million square feet.

Ravi Venkatesan is an Indian business executive and venture capitalist who has been the chairman of Microsoft India, chairman of the board of Bank of Baroda, and co-chairman of the board of Infosys. He is the UNICEF Special Representative for Young People and Innovation. He is also the founder of Global Alliance for Mass Entrepreneurship and a venture partner at Unitus Ventures.

Cashify is a recommerce company with headquarters in Gurgaon, India. It was founded in 2009. It operates as an online marketplace where users can sell their used electronic gadgets like mobile phones, tablets, smartwatches, laptops and video game consoles to professional buyers. It also deals in refurbished devices.

References

  1. 1 2 Khan, Taslima (8 March 2017). "Logistics startup BlowHorn raises Rs 25 crore from IDG Ventures, Others". The Economic Times. Retrieved 29 March 2018.
  2. "Blowhorn – moving goods in India made easy". Cambridge Network. Retrieved 29 March 2018.
  3. Fok, Evelyn (8 July 2015). "Why Indian startups are signing up for Draper University of Heroes programme". The Economic Times. Retrieved 29 March 2018.
  4. 1 2 3 4 "Blowhorn | Unitus Seed Fund". Unitus Seed Fund. Retrieved 29 March 2018.
  5. "Blowhorn: Driving employment opportunities through efficient online logistics-Michael & Susan Dell Foundation". Michael & Susan Dell Foundation. 5 April 2017. Retrieved 29 March 2018.
  6. "OnePlus One smartphones delivered in 60 minutes or it's free". @businessline. Retrieved 29 March 2018.
  7. "OnePlus offers phones for free if not delivered within one hour of ordering online". The Economic Times. 8 October 2015. Retrieved 29 March 2018.
  8. "After pizzas, OnePlus brings '60 minutes or free' to smartphones". The Indian Express. 8 October 2015. Retrieved 29 March 2018.
  9. "Blowhorn: Uber for Trucks in India". StartedIndia. 23 March 2017. Archived from the original on 29 March 2018. Retrieved 29 March 2018.
  10. "Video: Blowhorn". Michael & Susan Dell Foundation. Retrieved 29 March 2018.