SME Times is powered by   
Search News
Just in:   • PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs  • India’s growth momentum has picked up after Q2 slowdown: Jeffries  • Centre pays Rs 4,820 crore to 2.75 lakh farmers for pulses under MSP scheme  • India needs economically-viable tech for infra projects: Nitin Gadkari  • India's private sector growth surges to 4-month high in Dec: Report 
Last updated: 13 Oct, 2017  

Jugnoo Adds Bicycles to its Delivery Vertical

NewsVoir | 12 Oct, 2017
Jugnoo, the hyperlocal on-demand aggregator announces the addition of bicycles in its Delivery vertical. The addition is made in an attempt to lower the cost of deliveries while choosing the eco-friendly and a sustainable mode of transport for deliveries within shorter distances. Jugnoo Delivery was originally started by making auto rickshaws as its logistics partner and soon added bikes and commercial vehicle to it as well.


Currently 50 bicycles are in the system that are doing deliveries in 3 cities - Chandigarh, Noida, and Gurgaon. With 300+ daily deliveries by these bicycles, Jugnoo has reduced the cost per delivery by 30%.

Commenting on this move, Samar Singla, CEO & Founder of Jungoo said, “There is an increasing number of vehicles on road which contribute towards pollution, global warming and traffic jams. Therefore, we thought of switching to bicycles for short distance deliveries. Bicycles are proving effective in reducing cost per delivery and we are making continuous improvement to make our system efficient yet eco-friendly. In future, we plan to introduce electric bikes to the current fleet.”


Jugnoo Delivery is an on-demand hyperlocal B2B logistics arm of the company. It renders delivery services to multiple businesses by creating a marketplace that enables the merchants to deliver consignments to their customers while ensuring a seamless delivery experience. This service systematically lays down the options for merchants. The merchant books a delivery through mobile, web or API, chooses the mode of delivery - autos, bikes, bicycle or commercial vehicle, tracks the delivery to stay updated on the status of shipment, and finally pays digitally through e-wallets. This business segment already involves more than 7000 daily deliveries with 900 active merchants, with some of the biggest clients being KFC, Burger King, Pizza Hut. It is already present in 19 cities across India and aims to increase its geographical presence in Tier I and Tier II cities across India.

 

About Jugnoo

Founded in 2014, Jugnoo is an on-demand hyper-local transport and logistics app that thrives on its expansive network of auto-rickshaws. Headquartered in Chandigarh, Jugnoo was launched to bring structure to a highly unorganized sector of auto-rickshaws- a predominant mode of public transportation in Tier II and Tier III cities of India. Over the past three years, Jugnoo has evolved in terms of its business operations, technological advancements, and diversifying service offerings via different business verticals. Jugnoo has ventured into different verticals of on-demand and hyper-local space in B2B & B2C domains. Currently, it has two major vertical - Rides and Deliveries. With its market presence in more than 35 cities in India and a userbase of 4.3 million registered users, Jugnoo is  a go-to platform for all the hyperlocal needs of its customers.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Will the new MSME credit assessment model simplify financing?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter