FetchMe Wishes is a Delhi based startup which provides on-demand delivery services. It is a platform which allows customers to order anything from anywhere across Delhi NCR. From stationaries to food items, and sanitary to cosmetics; it can deliver it all right at your doorstep within minutes. Apart from this, the startup caters to big business houses and food outlets as well as provides them with many perks like the freedom to expand their reach, save money and maintain a smaller fleet size by outsourcing their deliveries.
The Co-founders
Pranav Gupta and Vaibhav Dara are the co-founders of FetchMe Wishes Pvt. Ltd. Being a commerce student in class 12th, Pranav Gupta still chose Statistics Honours over other mainstream subjects, owing to his love for numbers.
However, the reality of this course was far different from what he had expected. As a result, he lost interest in the subject and fell behind everyone in the batch. Feeling pressurized by this sudden turn and change in the events, he started exploring different ideas, and one day, decided that he wanted to do something of his own.
Founding FetchMe Wishes
Soon, the time came for Pranav’s sister’s marriage, and he also had his semester exams. Being an only sibling, he was given a lot of responsibilities. On the other hand, he was merely passing in his previous semesters. It was then that he got the idea of FetchMe, a startup that would make people’s lives easier and help them in completing their errands and deliveries.
Pranav looked upon it as an opportunity and brainstormed the idea with his best friend Vaibhav. Vaibhav Dara is currently pursuing mechanical engineering from Delhi Technological University and has the same core beliefs as Pranav when it comes to doing business. It was in June 2018 when both of them shook hands and made FetchMe happen.
Within ten months of FetchMe’s inception, it has already made over one lac+ social media impressions and has a customer retention rate of more than 80%. Major areas that FetchMe is covering in Delhi NCR as of now are East and North Delhi with some parts of Indirapuram and Noida as well. FetchMe has been able to create a fleet size of over 25 people with ten fixed employees and fifteen freelancers.
The Accomplishments
On average, they have more than a hundred orders per day and revenue of over 1.7 lacks per month. FetchMe follows different pricing policies as per the need of its clients. Normally, the charges are INR 40 for the first 3 kilometres and INR 9 per kilometre thereafter, along with some nominal waiting charges, if applicable. They also have special prices for businesses collaborating with them, and those charges vary from INR 25-80 depending upon the number and distance of each delivery. They have already collaborated with over ten such businesses, and their B2B collaborations are growing at a whopping rate of 25% each month.
Recently, FetchMe was able to secure a private investment of 12.5 lakh for 5% of its equity valuing the company’s net worth at INR 2.5 crores.
How it Works
The working is very easy. You can either call, Whatsapp or place an order by visiting their website and click on the order now button. After that, you will be showcased 4 options to select and when you select an option, you will be redirected to a window, where you can give your exact order details and provide them with the correct pickup and drop address. After providing the details you will be given an option to calculate the fare, and once you are good to go with the price, you can then proceed with the payment and review different payment options. For payment, they have various options for online payment like a Credit card, Debit card, PayTm, and other mobile wallets. Along with that, they also provide Cash on Delivery option to their customers.
