Runnr

About Runnr

Runnr, founded in 2015 as Roadrunnr, established itself as a B2B hyperlocal logistics platform in India, headquartered in Bangalore. The company was co-founded by Mohit Kumar and Arpit Dave, both former employees of Flipkart, who identified a gap in the market for efficient logistics to support the burgeoning e-commerce sector. Kumar, a graduate of PES Institute of Technology, brought experience from Olacabs, while Dave graduated from IIT-Kharagpur. They were later joined by Vatsal Singhal, Aravind Reddy, Gnanesh Chillukuri, and Mukunda NS.

The business operates on a pay-as-you-go model, providing on-demand delivery services for merchants without setup costs. It serves a wide range of clients, from restaurants and e-commerce companies to pharmaceuticals and groceries. The service allows businesses to book, track, and manage deliveries at scale through an API and a user-friendly smartphone app. Initially, Runnr's value proposition was its large, dedicated fleet of drivers, offering a reliable and efficient last-mile delivery solution for partners like McDonald's, KFC, and Myntra.

The company's journey involved significant evolution. In June 2016, in a move orchestrated by common investors, Roadrunnr merged with the food-ordering startup TinyOwl, rebranding the combined entity as Runnr and pivoting towards a consumer-facing food delivery model. This strategic shift positioned them in direct competition with established players like Swiggy and Zomato. Over its independent years, Runnr secured approximately $27.5 million in funding from prominent investors including Sequoia Capital, Nexus Venture Partners, and Blume Ventures. A key milestone in its history was the acquisition by Zomato in an all-stock deal announced in September 2017, valued at around $40 million. Post-acquisition, Runnr was set to continue operating as an independent logistics company owned by Zomato, bolstering Zomato's delivery capabilities while still serving other sectors.