Moscow, Russia: Top Delivery, a small startup launched in 2011, with the help of a small investment from a business angel, continues to consolidate its position on the Russian market, offering shipment services that cater to e-commerce businesses and users.
No longer than three years ago, when Top Delivery was founded, delivery providers in Russia specialized in taking care of online orders were few and far between. Russian Post, the national delivery service, was suffering greatly from lack of investments and an obsolete modus operandi, nothing unusual for ex-communist countries. Getting a package bought via an e-commerce platform was a real adventure for Russians living in more remote areas, even in larger cities.
In 2011, Top Delivery appeared as the result of an incubator project at the Moscow’s Higher School of Economics. Its declared role was to develop a nationwide network, necessary for delivering online orders all across Russia.
The small startup has come a long way since its modest beginnings. Now helping the delivery system for online orders in most cities with a population higher than 250,000, at moderate prices, Top Delivery has opened the door for other similar companies. Alternatives to Russian Post continue to appear all over the country, with new modern shipment delivery systems implemented for most major cities.
Just recently, Top Delivery received a substantial investment from Impulse VC. Currently, the company is able to deliver shipments to 2,700 destinations located in 44 different regions. The startup is going to use the new funds to expand its growing network and develop its IT logistics.