1

BlowHorn
Objective
• Blowhorn is a Bangalore based online marketplace in Last mile logistics.
• Blowhorn was co-founded by Mithun Srivatsa and Nikhil Shivaprasad.
• Blowhorn is an intra-city logistics company that offers its services for
businesses and individuals and that brings together a network of mini-truck
owners and consumers.
• Founded in 2014 and currently operational in Bengaluru, Chennai, Hyderabad
and Mumbai
• The company connects customers with mini-truck drivers for intra-city, sub
two-ton deliveries via its website and mobile app.
• They are focussed on creating the best logistics system to make first mile, last
mile and hub deliveries efficient.
• Inspiration from OLA/Uber: Blowhorn’s algorithm works similar to that of cab
aggregators like Uber and Ola. When a consumer requests for a truck, the
request is processed to match an existing mini-truck, and consequently the
driver is connected with the consumer. The time frame could be as little as 30
minutes and can also be scheduled to a later date and time.
2 2
BlowHorn
Objective
• In March 2017, Blowhorn secured Series A round funding of Rs 25 crore
from IDG Ventures India, and the Michael & Susan Dell Foundation.
• The mini-truck transportation market in India is estimated to be between Rs
30,000 to 60,000 crore annually.
• The company has scaled to 120 employees and has aggregated 1.8 million
mini-trucks in urban centres.
• Blowhorn was the delivery partner for OnePlus One mobile phones campaign
in Bangalore wherein once the order for the handset placed through the
Blowhorn mobile app was once accepted, the handsets would be delivered to
the customers within 60 minutes
• Funds will be used in expanding Blowhorn's operations to eight other cities in
the next 24 months, namely Kolkata, NCR, Kanpur and Indore, while
aggregating 25,000 active drivers on a daily basis.
• VC Statement: Blowhorn has the potential to be a dominant solutions
provider of last mile logistics for SMEs and rapidly growing businesses,” said
Karthik Prabhakar, Director, IDG Ventures India Advisors
3 3
Thank you