About the Business
About hyperGO:
Welcome to hyperGO, your all-inclusive hyperlocal delivery platform revolutionizing the way cities and towns connect with their favorite stores. We seamlessly unite a diverse range of local businesses within a city or town under a single, convenient online platform. Our mission is to deliver Food, Medicine, and Grocery & logistics right to our customers’ doorsteps in under 45 minutes. Currently, we’re making waves across more than 10+ strategic locations spanning multiple states in India, with a growing community of thousands of satisfied customers who have embraced our platform’s convenience.
We’re not just another delivery service; we’re a dynamic franchise-driven model that empowers smaller towns and cities to thrive in the digital era. Our innovative franchise model is designed to expedite our expansion into numerous cities, ensuring a rapid and efficient rollout. We charge a franchise fee, in addition to a commission from every order within that specific area. Our revenue streams are diversified, primarily derived from store commissions, franchise partnerships, and monthly subscription packages accessible through our user-friendly app. Furthermore, we offer tailored monthly grocery and medicine packages to our customers, eliminating the hassle of repetitive orders. Instead, hyperGO delivers precisely what they need each month, right on time.
Expansion Strategy:
hyperGO operates at the forefront of India’s burgeoning hyperlocal market, which is projected to reach a staggering 2306 crore by 2020-2021. What sets us apart is our groundbreaking franchise-based approach, a first-of-its-kind in this domain. Our unique business and operational model grant us localized prowess, enabling us to provide unparalleled service offerings and operational ease across vast geographical areas, particularly in tier II and tier III cities. This sets us apart from competitors who predominantly focus on metro areas.
In the next five years, hyperGO is set to establish its very own Dark Stores, serving as hubs for food, grocery, medicine, and logistics fulfillment, not only for internal consumption but also for other businesses seeking a competitive edge. This strategic move allows us to create a hyperlocal network that outpaces industry giants, all while maintaining profitability and minimizing operational costs. The franchise model continues to be instrumental in our ability to innovate and introduce new business solutions atop our existing infrastructure, further solidifying our position as industry trailblazers.
