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The Logistics Services Market in India 2015 is one of the fastest growing markets due to the growth of e-commerce. The prevalence of electronic apps on phones and tablets has enhanced a shopper's ability to purchase anytime which positively affects both storage and logistics market.
India's first storage service, StoreMore, offers safe and secure storage facilities to businesses and households across 10 locations in Delhi NCR ranging more than 1 lakh sq. ft area. Users can choose space at one or multiple locations through the website, just as they would book a hotel room. The StoreMore teams will pack the goods and transport them for safe storage.
Business users think of StoreMore as an extension of their premises. Companies, especially SMEs, store their equipment, goods, documents or extra office furniture for as long as they like. StoreMore's USP-its flexible, pay-per-use model which has never been applied to warehousing before. It does not require any long-term commitments of time, or any security deposits. There are no complicated leases to sign either. Customers pay monthly rent for the amount of space their goods use in a facility.
StoreMore have also come up with the first of its kind industry feature called "Space estimator" in the website where people can feed in the items they want to store with us & through our in built algorithm it automatically calculates the cost you will incur on monthly basis.
"Our technology platform is the first of its kind in the country. It allows users to book space across multiple locations, and provides cloud-based access to inventory of stored goods for easy re-delivery," says Pooja Kothari, Managing Director, StoreMore.
StoreMore's state-of-the-art facilities are run on systems and processes. Access to storage areas is controlled using a biometric/card-based system; CCTV cameras monitor all entry/ exit into the area. Pest control services every 15 days ensure protection against rodents and pests. These facilities are protected against fire and elements of nature.
StoreMore offers two types of solutions for storage: box storage and pallet storage. The first type offers corrugated boxes for storage of files, documents and small-sized items. Each box can hold up to 15 kgs to 18 kgs of goods. The second type of storage offer space on pallets that can be used to store large-sized items, such as chairs, tables, inventory of goods, etc.
"We are especially relevant to ecommerce businesses that can store their goods across multiple locations and move closer to their customers, thereby reducing delivery times. What's better, they achieve this without any hurdle of managing security, management of inventory, etc says Nitin Dhawan, Co-Founder, StoreMore.
StoreMore is being helped in its strategic direction by Arun Tadanki, who has recently come on board as an advisor. Tadanki brings a vast experience of 21 years ranging from MD of Yahoo of 7 countries with an expertise in nurturing and scaling up operations of early stage companies.