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Risesio Business Concept: Peer-to-Peer Logistics Platform Risesio is an innovative peer-to-peer (P2P) logistics platform that connects travelers and shipment owners across the country. It leverages the idea of utilizing unused luggage space in travelers’ bags to enable a faster, more affordable, and more efficient delivery system. How It Works: 1. For Shipment Owners (Senders) o Individuals or businesses needing to send parcels, documents, or goods can list their shipment details on Risesio. o Instead of relying on traditional courier services, they can find a traveler heading to the shipment’s destination. o This results in a cheaper and quicker delivery compared to conventional logistics services. 2. For Travelers (Carriers) o People traveling by flight, train, or road often have unused luggage space. o Risesio allows them to monetize this free weight by carrying shipments for others. o By doing so, travelers can earn money while traveling, thereby reducing their travel costs or increasing their overall income. Key Benefits: For Shipment Owners: • Cost-Effective – Saves money compared to courier companies. • Faster Delivery – Shipments move with real travelers, avoiding delays. • Wider Reach – Can send packages even to remote areas. For Travelers: • Earn Extra Money – Monetize unused luggage space. • No Extra Effort – Just carry the shipment along on their planned trip. • Flexible & Easy – Choose shipments that match their travel plans. Business Model: Risesio earns revenue by charging a small commission on each successful transaction between shipment owners and travelers. Conclusion: Risesio is revolutionizing logistics by crowdsourcing delivery, making it a win-win solution for both travelers and shipment owners. It reduces costs, increases efficiency, and provides an income opportunity, creating a smart, decentralized alternative to traditional courier services.

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Entity Type
Limited Liability Partnership
Sectors
Others
Startup Stage
Ideation

Startup Teams

  • 1 Md Abdullah (Partner)
  • 2 Salma Wasif (Partner)

Incubation Details

  • Incubator Name
    Awadh Incubation Foundation
  • Incubator Host Institution
    Khwaja Moinuddin Chishti Language University, Lucknow
  • Incubator Address
    Awadh Incubation Foundation, 2nd Floor, Library building, Khwaja Moinuddin Chishti Language University, Sitapur-Hardoi Bypass Road, Lucknow-226013
  • State
    Uttar Pradesh
  • City
    Lucknow

Approved Incentive

Not Available

Year of Establishment2022

Location

State
Uttar Pradesh
Disctrict
Ballia
Address
Back Vidhaya Gali, Hakim ganj
Pincode
221715