All Press Releases for June 24, 2015

Travelling Light? Sell Your Luggage Space and Earn Money Carrying Items for Others on FlyteCourier

A technology startup brings peer-to-peer sharing economy concept to courier services market.

FlyteCourier's technology will serve the unmet market demand for these transactions, most of which currently happen informally. Our focus is on building the transparency and trust.

    VANCOUVER, BC, June 24, 2015 /24-7PressRelease/ -- FlyteCourier, a Vancouver, Canada-based company that operates a marketplace connecting the travellers with people looking to send items, today announced the launch of their new online platform. FlyteCourier is the leading global community connecting the potential couriers with the senders. The company aims to disrupt the traditional international courier services market by building a peer-to-peer network and by using technology to create trust & transparency.

"FlyteCourier is a new-era sharing economy company," said Abhay Gupta, Co-Founder of FlyteCourier. "By providing the travellers a marketplace to sell their unused luggage space, FlyteCourier creates opportunity to earn money. Similarly, for the people looking to send items across the globe, FlyteCourier offers a cheaper and more flexible alternative to the existing courier companies. Our aim is to ensure that these transactions generate value-added for each party in the transaction."

FlyteCourier has built a work-flow based interactive application that allows the users to update and track the progress through various steps from item hand-over to delivery. By turning international travel into an opportunity to earn money, FlyteCourier enables any traveller to act as a courier. FlyteCourier's online marketplace is built using patent-pending workflow based business model that generates trust by aligning the incentives of the sender and the courier.

FlyteCourier has spent considerable resources in building the technology and the product contains many innovations like searchable 2-sided listings, response-based two-way agreement, messaging system, real-time alerts, intelligent matching, courier & sender reviews and trust matrix.

"As an international student, I remember getting many requests to carry items from my relatives," said Rinku Kaur, COO of the company. "FlyteCourier's technology will serve the unmet market demand for these transactions, most of which currently happen informally. Our focus is on building the transparency and trust; in terms of what items are being sent, who is sending them and how can we build trust between the two-parties. We use features like Facebook mutual friends, identity verification, image uploads & analytical ratings to ensure each transaction is safe, legal and mutually beneficial."

Leveraging the large number of expat communities and international undergraduate & graduate students, FlyteCourier marketplace changes the conventional channels of sending items between two cities. The ability for any traveller to be matched with someone looking for courier service on the same route is likely to lead to major changes from the way courier industry currently works. In addition, FlyteCourier's online platform also allows to offer and request additional services. For example, a person in Sao Paulo can ask someone flying from US to Brazil to get a dress for her from Macy's. FlyteCourier allows people to pay deposit, shopping and other charges using PayPal. The money is kept in escrow account for the duration of the deal. Thus FlyteCourier enables people to become truly global consumers.

FlyteCourier marketplace can be accessed at (mobile-friendly).

About FlyteCourier

FlyteCourier is a technology startup aiming to disrupt the traditional logistics industry. The compnay has implemented the concept of peer-to-peer sharing economy (made popular by Uber & AirBnB) by matching the senders with the travellers flying with extra luggage space. Based in Vancouver, Canada, with engineering team in Bangalore, FlyteCourier was founded by Abhay Gupta and Rinku Kaur. Backed by private investors in Canada, US and India, the company has integrated its business model with innovative technologies.

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Contact Information

Abhay Gupta
FlyteCourier Inc.
Vancouver, BC
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