SafeStorage, which operates four valet self-storage facilities in India, plans to expand into five new cities this year. The company will enter Kolkata and Mumbai in April, plus three additional markets that have yet to be named. It currently provides services to about 10,000 customers in Bengaluru, Chennai, Hyderabad and Pune, according to a press release.
SafeStorage uses an online platform that allows customers to schedule item pickup, manage their accounts, and schedule delivery of items to their home or business. It also provides packing services.
“We initially thought there will be demand only for household goods. Later, we realized there is demand for document storage and business storage,” said M. Ramesh Babu, CEO and co-founder. “There is a good demand to serve small businesses who have limited space in their facilities or offices. Household goods account for 70 percent of business, document storage accounts for 20 percent serving 200-plus clients, and the remaining is from small businesses.”
SafeStorage also plans to add more automation to its sites. “We want to get into a stage where customers can come to our warehouse and drop [off] goods the way it happens in the West,” Babu said. “And the entire inventory is handled with ease.”
Launched in 2018, SafeStorage operates two warehouses in Kompally, a suburb of Hyderabad, India.
Telegana Today, SafeStorage to Expand to 9 Cities by Year-End