Load share offers a range of management solutions including hyperlocal, line-haul delivery, and warehousing services. The company has managed to grow its operating revenue by 81.4% to Rs 189.54 crore in FY21 from Rs 104.5 crore in FY20.
At present, LoadShare asserts to deliver more than 3 lakh hyperlocal and e-commerce orders per day, and revenue from these “Businesses to Consumer (B2C) deliveries made up 56.1% of its operating revenue. Collections from this vertical surged nearly 91% to Rs 106.4 crore during FY21 from Rs 55.8 crore in FY20.
Loadshare collected the rest Rs 5.12 Lakh in FY21 via subscription fees charged from delivery partners and customers on its platform which shrank by nearly 92% as compared to Rs 61 lakh collected in FY20.