Founded in 2017 by Raghuram Talluri (CEO), Rakib Ahmed, Tanmoy Karmakar
Building India’s largest technology driven logistics network. We empower the regional logistics SMEs (small and medium enterprises) with Technology and Operations know-how. This enables us to serve shippers through a pan-India network of capable partners with regional expertise
Source: Loadshare Networks Homepage (Accessed 6th September 2020)
Areas of Operation – 4000+ pin codes in India
Source: Loadshare Networks Homepage (Accessed 6th September 2020)
Onboarding – Documentation –
For the partners (vendors): GST Certificate of the partner. PAN Card, Aadhaar Card and Voter ID Card of the promoter/proprietor.
For the delivery executives/drivers: Driving License, RC book of the vehicle. Pollution/Insurance for the vehicle. Aadhaar, PAN Card and a bank account statement/cancelled cheque.
Contract Types: Part Time
Parties in Work Relationship: Platform - Service Provider, Platform - Asset Owner - Service Provider, Platform - Vendor - Service Provider
Onboarding (Training): App Training, Soft Skill Training
Task Assignment: Algorithm, Manual
Rejection of Task: Client-specific. Rejecting a task is discouraged but there are exceptions that are allowed. For certain clients, there is a penalty system in place. For others, there isn't a "strict" system that has been built out so far.
Payout Structure: Flexible - client dependent
Bonus/Incentive Structure: Tiered structure that is built around the percentage of successful deliveries.
Social Security/Benefits: Interviewee was not sure about the specifics but was certain that the insurance coverage is client-specific. For example, a client doing food deliveries through LoadShare may have accident insurance. Further, interviewee said that if there were delivery executives being brought on-board through manpower agencies, then those people would have insurance covered by those agencies.