‘Ok’aying Delivery

STARTUP PICTURE

     Operating in the lucrative and time sensitive delivery space is this Vijayawada based startup, Ovkay.

   Specializing in intercity shipping the startup provides end to end delivery services ranging from documents to furniture to groceries to electronics and even automobiles.

      Their service also includes packing facilities.

    Initially Ovkay’s founders, Mr. John & Mr. Praneeth found that connecting couriers with travellers saves significantly on time especially for light weight packages that have a time deadline.

     However as the pandemic struck the startup altered its business model and started focusing on 5 main verticals i.e. Parcels, Buy&Delivery, Bike shipping, House shifting and B2B.

      ‘Just in the last 2 months we have shipped over 70 bikes across India’ said Mr John. Similarly the startup has been aggressively catering to the house shifting segment. 

   ‘Due to the pandemic many people moved places thereby creating the need for moving their goods too. Ovkay over the past few months has helped many people in and around AP and Telangana in getting their stuff transported’ said Mr John.

    Team Ovkay starts with the door to door pickup by packing of items and then puts the items onto their delivery partners. For transportation they currently rely on the cargo section of trains and buses.

   The startup claims to have delivered 300+ items worth Rs 3 crores in value. Their main destinations include Bangalore, Mumbai, Chennai, Pune, Kolkata, Delhi, Kochi and states of AP and Telangana.

   Customers can log into their site and get quotes on an array of services and delivery options.

   Ovkay makes money by charging the customer a fee that includes packing charges, transportation charges and on the per kg weight of the item.

    Going forward the startup plans to expand into other metro cities in the next two years and is also working on a new & revised version of the app.

Below is a brief snapshot of the company and founder:

Founders : John Chandrateja Ravapati, 

Rahul SV, Prashanth Ch, Praneeth K

Team: 15 Members

Incubated/Started (Year and City): 2019 August, Vijaywada

Industry / Space : Shipping & logistics

Funding  Received : Bootstrapped

Looking for: Funding

Market of Operation: PAN India

Revenues: Rs 22 lakhs

Claim to fame : Recognized by DPIIT

Company’s culture:

       Aggressive          Easy Going       Methodical

PTIM (Person that inspires me):  The CEO and founder of Facebook, Mr Mark Zuckerberg. It is the way he works and resolves problems through the use of technology is something that inspires me. He is a true inspiration to startups.

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