Qcom Platform LoveLocal to Roll Out 30-Minute Delivery, Eyes Expansion Outside Mumbai

Hyperlocal quick commerce platform LoveLocal will soon launch a 30-minute delivery service as part of its plan to expand operations beyond Mumbai, as per the news reports. The company currently offers instant ordering with a two-hour delivery window and scheduled delivery. The new express option is expected to go live by the end of this quarter.

Expansion Plans

LoveLocal plans to complete coverage across Mumbai before entering other cities. According to founder and CEO Akanksha Hazari, the next target market is Pune, chosen for its proximity and similar consumer profile. The company’s goal is to build a stronger presence in Mumbai before scaling up its operations in other regions.

Retailer and User Growth

So far, LoveLocal has onboarded around 650 retailers in Mumbai and plans to increase that number to 1,000 within 18 months. The platform currently serves one lakh monthly transacting users, with customer growth reported at 25-30% month-on-month. The company expects its user base to grow tenfold in the coming months.

Key Product Categories

The platform primarily operates in fresh edibles, with meat and fish and fruits and vegetables as its leading categories. It has recently added grocery shopping to its offerings. Hazari said that margins in meat, fish, and produce categories range between 20-40%, while grocery items have margins of 8-12%.

Business Model

LoveLocal runs on an asset-light marketplace model, charging customers a ₹15 platform fee on total orders without additional charges. The company’s cost per order is ₹4.2, among the lowest in the industry. Hazari noted that this structure allows the platform to maintain profitable unit economics while keeping operations lean.

Funding Details

Since its launch, LoveLocal has raised $30 million across funding rounds. This includes an $8 million Series A and an $18 million pre-Series B led by Vulcan Capital in October 2021. Its investors include AC Ventures, Henkel X, Candy Ventures, Gojek cofounders, IDG Ventures India (Chiratae Fund), and Blume Ventures.

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Conclusion

LoveLocal’s upcoming 30-minute delivery and city expansion plan indicate its focus on strengthening its quick commerce presence while deepening retailer participation in the hyperlocal network.

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