Tech start-Up ‘WING.ae’ raises capital to fire up delivery and logistics industry in the UAE

WING.ae, an on-demand delivery and courier marketplace, has closed a seed funding round backed by SOUQ.com, the Middle East’s largest online retail and marketplace platform. Tech start-up WING.ae is aninnovative e-marketplacethat offersan assortment of comparative pricing across major carriers in the UAE,helping courier companies, SMEs and customers choose the best, fastest and cheapest delivery gateway alongwith real-time order tracking. WING.aeprovidesrobust delivery solutions (including same day delivery)to courier and delivery companiesto ship products to their customers, and keep aneasy track of orders, deliveries and payments. The platform ensurescustomers receive quality-controlled couriers at the cheapest next day/ same day delivery ensuring big savingsup to 70%.

Currently,over 50% of the delivery vehicles convey around the UAE with less than half their capacity utilised,while more than 30% of the vehicles travel with empty cargos*. The WING.ae platform will use smart technology to enable businesses to make use of this spare capacity, dramatically cutting down on CO2 emissions and increasing the profitability of logistics companies. Catering to diverse industry verticals such as food, groceries, fashion and electronics, WING.aewill offer brick and mortar retailers the opportunity to grow their e-commerce model by making their products readily available to consumersat a low delivery cost.Further, the ultimate transportation App enables users to receive or send items anytime and anywhere, at their fingertips.

Ronaldo Mouchawar, SOUQ.com CEO & Co-Founder comments, “The unique proposition of WING.ae is how it aggregates courier companies, fills the logistics supply gaps, creates economies of scale and offers a win-win situation for the logistic companies as well as the customers and merchants.  We were impressed by WING’s team and vision to build a tech driven transparent logistic network. We believe that a platform such as WING.aeis equipped to fulfillenormous demandsfor SOUQ.com,especially during our big campaigns such as White Friday.” 

MuzaffarKarabev, CEO and Co-Founder of WING.aecomments, “The UAE is a leading e-commerce and smart hub in the region, and WING.ae enablessmall businesses as well as individuals access the UAE's goods and services in their suburb and beyond. Our goal is to offer people what they wantin the quickest time via simple Android/iOS Apps. We believe physical address issue is not the only problem in the region, but matching supply with demand (when needed) can be a huge step forward towards lowering the costs whilst generating more business for both sides.” 

*as analysed by WING.ae

SanjarSamiev, Board Director and Co-Founder of WING.aeadds, “The digital economy and mobile penetration are significantly impacting our lives today. We adopt smart technology to create more choices for customers so they can WING their products their way. By connecting couriers via our APIs and addressing high/low demand data, WING.ae aims to bring costs down phenomenally through smart algos in our platform. We further endeavor to improve delivery timeframeto provide impeccable customer experience.  We arealso in the process of rolling out international shipping on our platform, and hope to bring easy and low cost shipping to that front.”

WING.ae is already live with a number of couriers, and discussions are currently underway to bring on-boardadditionalcourier and delivery companies in the UAE. Customers can download the “WING.ae” App on their smartphone via App Store and Google Play. Delivery slots are open between 8:30 am and 9:00 pm daily withexceptional discounts over the launch period.Additionally,the revolutionary platformwill deliver innovative features such as metered on demand delivery, same day delivery scheduling, live GPS delivery tracking, and progress notifications.

URL :www.WING.ae