- Growth StageExpanding market presence
Raaho (Quick Digital) careers
Raaho (est 2017) is India’s fastest-growing marketplace for intercity trucks. The company is headquartered in Gurgaon, with a pan-India presence panning across NCR, Chennai, Bengaluru, Hyderabad, Kolkata, Mumbai, Pune , Ahmedabad , Karnal, Kanpur, Ambala (North) and more.
Raaho was Co-Founded by Imthiaz (Co-founder and CEO) who is a serial entrepreneur and by colleagues he knows from a decade or more - Muralidharan C. (Technology), Vipul Sharma (Product), Fahad (Operations) and Joshua Jebakumar (HR & Customer Experience). To ensure a customer-first approach and solutions to on-ground problems of customers, the founding team drove 10 trucks across India for a year to understand the freight & transportation sector and its shortcomings.
Raaho aims to improve the lives of truckers and drivers by leveraging technology and data science for efficient freight matching. Asset-light and capital-efficient, Raaho has ensured positive unit economics at scale.
The company is backed by Roots Ventures, Inflection Point Ventures , Blume Founders Fund, Prominent Angels like Vijay Shekhar Sharma (PayTM), Kunal Shah (Cred) , Nitish Mittersain (Nazara), Venkatesh V (CEO - Cavinkare), Miten Sampat (Cred) and Friends & Family, and has raised around USD 4.5 Mn.
India’s logistics costs clock about 14% of GDP - almost double of the 7% global benchmarks - and India’s intercity trucking alone accounts for USD 100 Bn. Raaho works with third party logistics providers (shippers) and truck owners (truckers) to remove system inefficiencies in an otherwise opaque fragmented and offline industry - an industry plagued by manual freight matching dependent on the 2 lakh offline brokers and the fragmented 12 million trucks (75% of truckers have no more than 5 trucks).
Raaho creates liquidity through its marketplace based instant trucking and tracking solution, and load is available nearby to trucks and trucks are available to nearby shippers within 30 minutes.
Raaho was Co-Founded by Imthiaz (Co-founder and CEO) who is a serial entrepreneur and by colleagues he knows from a decade or more - Muralidharan C. (Technology), Vipul Sharma (Product), Fahad (Operations) and Joshua Jebakumar (HR & Customer Experience). To ensure a customer-first approach and solutions to on-ground problems of customers, the founding team drove 10 trucks across India for a year to understand the freight & transportation sector and its shortcomings.
Raaho aims to improve the lives of truckers and drivers by leveraging technology and data science for efficient freight matching. Asset-light and capital-efficient, Raaho has ensured positive unit economics at scale.
The company is backed by Roots Ventures, Inflection Point Ventures , Blume Founders Fund, Prominent Angels like Vijay Shekhar Sharma (PayTM), Kunal Shah (Cred) , Nitish Mittersain (Nazara), Venkatesh V (CEO - Cavinkare), Miten Sampat (Cred) and Friends & Family, and has raised around USD 4.5 Mn.
India’s logistics costs clock about 14% of GDP - almost double of the 7% global benchmarks - and India’s intercity trucking alone accounts for USD 100 Bn. Raaho works with third party logistics providers (shippers) and truck owners (truckers) to remove system inefficiencies in an otherwise opaque fragmented and offline industry - an industry plagued by manual freight matching dependent on the 2 lakh offline brokers and the fragmented 12 million trucks (75% of truckers have no more than 5 trucks).
Raaho creates liquidity through its marketplace based instant trucking and tracking solution, and load is available nearby to trucks and trucks are available to nearby shippers within 30 minutes.
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Murali Dharan
Building raaho.in (Quick Digital)
Valuation
$48M
Funded over
3 rounds
Latest round
Seed (Jan 2023)
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