Pune-primarily based subscription provider startup, RainCan, that helps customers with their each day desires has raised approximately $100K in a investment spherical from angel investor Ajeet Khurana and some others.
Founded in June this year by means of Munendra Singh and Abhijeet Kumar, RainCan is a subscription-based totally service company dealing in dairy, meat, bakery, end result and veggies largely.
Apart from placing an order for the products required, one also can opt for subscription offerings. In this example, website grants patron’s products, based on their requirements at the recommended durations & timings.
After choosing the required day(s) & product necessities, user receives an option to both pay by way of cash or pay online through recharging their account.
Since its delivery device is prepaid, one can forestall / pause / restart the offerings simply with the aid of sending message / whatsapp @ 9765775521. When the provider is stopped, the client can request for refund (if any).
It lets one location orders through call, message or whatsapp. The startup claims to delivery merchandise within 3 hours. However, the delivery time may also vary depending on the product of the order placed.
For subscription based customers, the delivery costs are free, however for different customers it prices INR 20 more for orders under INR 200.
The transport of the goods is taken care via RainCan’s staff of 10 people. As for weekend deliveries, the organisation hires element time human beings as the number of orders are relatively excessive. The agency has tied up with a sequence of vendors, which enables in retaining its cost of procurement low and subsequently the financial savings are passed on to the consumer.
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Munendra, cofounder of RainCan stated, “FMCG businesses have painstakingly constructed a community of vendors, wholesalers, and shops over the previous few a long time. At RainCan our concept is to leverage the existing infrastructure in place of reinventing the wheel.”
The startup is operational only in Pune with over 4000 form of products on its portal. It is currently serving over 100 orders an afternoon which can be located through its portal and Android app.
Going forward, it is planning to elevate $1 Mn funding to hit 10,000 orders an afternoon.
“The finest funding memories are those where a simple and elegant solution solves the trouble for a large quantity of humans. That’s what RainCan brings to the table.” said Ajeet Khurana, Investor.
Recently, Delhi-based on line sparkling food and grocery shop iOrderFresh, raised an undisclosed amount of funding from Best Foodworks Pvt. Ltd. The startup shall we clients order fresh end result, vegetables, dairy, bakery merchandise, pulses and organic food thru its Android and iOS app.