36Inc incubated startup Vahak
Startups in a non-metro city possess the same ability to excel that a startup in a metro city has and this has been made evident by a 36Inc incubated startup Vahak . Founded by 2 IIT graduates Karan Shaha and Vikas Chandrawat have managed to successfully raise seed round from LeoCapital.
Vahak is an Online Road Transport Community and Marketplace for the Indian Freight Logistics industry. A B2B Marketplace for Consignors, Transporters and Individual Lorry owners to carry out seamless Lorry bookings.
The startup was founded in August 2017 by IIT Kanpur graduates Karan Shaha and Vikas Chandrawat. Vahak enables logistic companies to connect with truck owners, brokers, and other transporters across India through its online platform.
Karan, Co-founder and CEO of Vahak, said, “The trust gap currently present in the Indian road transport market highly limits the business potential and expansion for transporters, agents and lorry owners. This is where Vahak steps in to leverage technology and help the stakeholders connect with each other seamlessly. We believe that online brand creation, coupled with a huge network, can bring in wonderful growth opportunities, especially for the small and medium scale transport businesses.”
Since inception, Vahak has built a transporter network reaching more than 3,000 plus locations across the country. Growing at over 200 percent quarterly, it caters to over 500 daily active loads. It is spread across major transport hubs including cities like New Delhi, Mumbai, Ahmedabad, Pune, Kolkata, Chennai, Visakhapatnam, Raipur, Bhilai, Bhopal, Lucknow, Bengaluru, Kochi, Chandigarh, Vapi, Surat, Nagpur, Patna, and Indore.