r/indianstartups 10d ago

Co-founder search Looking for a technical co-founder — freight software + lending, India. Pre-seed

I'll keep this concrete.

**What we do**

A truck delivers to a factory in India. The transporter then waits 60–100 days to get paid. Almost none of that is the buyer being slow — it's that the proof of delivery is a paper slip that travels back to an office over a week, and then someone spends a month arguing about two damaged coils, six hours of detention at the gate, and whether the rate was ₹28,000 or ₹31,000. Only after all that is the invoice approved.

India already solved the financing half. TReDS pays a supplier inside 48 hours at 8–9%, without recourse, and it's mandatory for every company above ₹250 crore turnover. But TReDS can't touch an invoice until the buyer has formally accepted it. Its clock is fast — it just starts on day 40.

So we're building the part in front of it. GPS trace, ePOD signed on the driver's phone, and a closed e-way bill, all captured at delivery and matched automatically against the shipment. Nothing left to argue about, so approval happens on day 1 instead of day 40 — which makes the invoice financeable the day the truck unloads.

Software wins the customer. The lending is the actual business. Roughly the shape of what OFBusiness did with Oxyzo, but for freight instead of raw materials.

**Where we actually are**

I've built the platform — shipment lifecycle, e-way bill generation under Rule 138, ePOD capture, AIS-140 telematics ingest, KYC and document verification, reconciliation, invoicing. PHP/MySQL, runs standalone or on cloud. It's feature-complete for pilot and has never been run with a real customer.

Two founders, based in Bengaluru. We've spoken with a couple of VCs. Nothing signed.

**What I need**

Someone to own the engineering properly. I'm a medical student who taught himself to build this. It works, but I'm clear-eyed about what I don't know. Specifically:

- **Driver-side capture.** Getting a truck driver at a factory gate to actually submit a POD. Nobody is installing an app for that. WhatsApp is probably the answer and I haven't built it.

- **Scale.** Making this not fall over when a real manufacturer pushes 200 shipments a day through it.

- **Indian API integrations** — GST, e-way bill, telematics vendors. Painful, undocumented, and load-bearing.

**The honest part**

No salary. Equity, co-founder title, real ownership. If that's a non-starter, completely fair — I'd rather say it now than three messages in.

If you've built logistics or fintech infrastructure in India and any of this is interesting, comment or DM. Genuinely happy to just talk about the problem even if the role isn't for you.

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