Photo - Gogo Courier
49989

Gogo Courier

mobile solution for business delivery

Russia, Republic of Sakha (Yakutia)
Market: Internet and IT, Transport, Services, Mobile applications
Stage of the project: Operating business

Date of last change: 28.10.2020
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Idea

We help businesses and entrepreneurs to solve problems such as shortage of couriers, waste of time, and money on drivers hiring, training, and management

Current Status

Currently, we make money by taking a fee from all the orders made through our app. Couriers pay us a fixed amount for the ability to take orders within a few hours.
In 13 month:
Total CAGR is 26.2%
22 700 deliveries completed
$72000 couriers earned
172 Enterprises chose our product

Market

There are more than 2 thousand companies in Yakutsk alone that deliver their products

According to various reliable sources*, Russia’s food and groceries delivery market will reach 248 bn. Rubles (approximately $3.5 bn USD (nominal); 7bn USD (purchasing power adjusted) by the end of this year. This is approximately two-fold growth compared to the 2019.

Problem or Opportunity

Almost all Businesses are facing issues such as shortage of couriers, waste of time, and money on drivers hiring, training, and management
Our mission is to provide customers with a hassle-free delivery service. We really like eating delivery food, however it is not uncommon to wait for more than two hours for your pizza

Solution (product or service)

Our service allows enterprises to enjoy reduced courier service costs and reduced logistical complexity of delivery compared to permanent staff courier delivery model
Your customers do not need to install another app so thus businesses do not have to rely on a limited customers channels. Our solution interacts only with enterprises and couriers
Unlike others we are not limited to food delivery we work with all types of vendors from food to furniture retailers. We train our couriers and equip them with an insulated bags for food deliveries

Competitors

Yandex.Eda, Dostavista, Postmate, Doordash, Grubhub

Advantages or differentiators

Unlike others we are not limited to food delivery we work with all types of vendors fr om food to furniture retailers. We train our couriers and equip them with an insulated bags for food deliveries
Unlike other services, payment system allows a cashless payments upon delivery. This increases customer trust, this is critical especially in the emerging-market environment wh ere consumer fraud is common occurrence. Flexible payment for customers which may choose to pay upon delivery or upon order. System will automatically send a link for a bank card payment processing via SMS

Business model

Our model interacts mostly with the businesses. Unlike the market’s standard modus-operandi when customers have to install an app to place an order.

Currently, we make money by taking a fee from all the orders made through our app:
Couriers pay us a fixed amount for the ability to take orders within a few hours.

Money will be spent on

We want to growth our revenue to 10k USD in a month up to september 2021.
First we will develop and realise update of our mobile apps. Second we will include AI in our logistic system and system of courier assignment. We need to develop clever courier schedule system to minimise long waiting service risks.

Offer for investor

Currently we are looking for 100K USD investments for 10% equity

Team or Management

Incubation/Acceleration programs accomplishment

30.000 USD raised from the B8 accelerator in exchange for the 5% company’s share option

Won the competition and other awards

30.000 USD raised from the B8 accelerator in exchange for the 5% company’s share option. I am a grant holder from the Yakutia Innovation Development Foundation.

Photos

Photo 1 - mobile solution for business delivery
Photo 2 - mobile solution for business delivery
Photo 3 - mobile solution for business delivery

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video