Startup Founded By IMT Nagpur Alumnus To Raise Seed Round

Image Courtesy: My Delivery Express

MyDeliveryExpress, an on-demand hyperlocal delivery startup based in Jaipur is in talk to raise seed funding. Both the founders of the startup are alumnus of IMT, Nagpur.

As quoted in an article published in Deal Street Asia, founders Rituraj Sharma and Utkarsh Srivastava on:

How they plan to invest funds:

“We will be allocating the funds to market ourselves, developing IT infrastructure, business development and for hiring more people,” Sharma further said.

Will their startup idea survive?:

Sharma said, “this is a disruptive market and has a huge potential.” He added, it is critical to achieve operational efficiency and come up with creative solutions like hub-and-spoke model instead of burning huge chunk of money.

Read full article.

About Chetan Arvind Patil 33 Articles
Hi, I'm Chetan Arvind Patil, I write this blog