Gurgaon-based on demand concierge startup Qlivery has raised USD 230,000 from Hong Kong based Swastika Company Limited. Vaibhav Jain, Director at Swastika will occupy a seat in Board of Directors of invexGO Solutions Private Limited that runs Qlivery.
Qlivery is co-founded by Chetan Agarwal, Karan Saharan, Shivangi Agarwal, Sonal Saraogi and Rohit Pansari. “Funds
raised will be utilized to expand the team, geographical reach and add customers. The team believes
technology and analytics is the heart of the business and thus substantial amount of current fundraise will be
used to improve the technology stack, including implementation of Artificial Intelligence” says Rohit Pansari.
Co-founders of Qlivery
Post this funding Qlivery plans to expand services to the whole of Delhi NCR by April 2016, and to Bangalore, Pune, Hyderabad and Mumbai by end of 2016. To be able to do this, the team plans to hire ~1500 people across various profiles by December 2016. The current team size stands at 62.
Product wise, the team is actively working on tying up with various hotels and offices for what they like to call
Qlivery@Offices or Qlivery@Hotels to provide on-demand concierge service to employees and travelers,
Qlivery recently started taking task based orders where customers can delegate daily tasks such as taking out
photocopies, depositing cheques in banks, booking movie tickets, equipment repairs, etc.
In addition to this Qlivery is in talks to close ~$4 Mn pre-series A round.
“We are jubilant that stakeholders at Swastika, and specially Vaibhav believe in our idea and are supporting us.
We are highly enthused and look at this fundraise as a proof of trust in us and our business” says Sonal Saraogi.
“Modern trade as an industry is approximated at USD 60 Billion which is only 10% of the total retail market in
India. Consumer’s desire for comfort driven by income growth, urbanization and attitudinal shifts is going to
propel this industry. We believe in the solution that Team Qlivery has come up with. We are thrilled to partner
with the dynamic and talented team as it builds out a world class on demand concierge platform” shares
Swastika has been very active in funding innovative seed stage ideas in recent past and has already invested in
three companies including Stylofie, a beauty and wellness startup.
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