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For investors and press

The fleet came before the marketplace. That is the whole argument.

Rural commerce breaks almost everyone who tries it, and for one reason: the distances are long, the baskets are small, the roads punish vehicles, and the fuel costs more than the margin on a bag of atta. Every attempt builds the marketplace first and hopes the logistics follow. We built the logistics first.

A district makes the demand and exports the margin

Follow a hundred rupees spent in a village. Most of it goes to a shop in the block market fifteen kilometres away, because the village shop is small and stocks what turns over fastest. That shopkeeper bought from a wholesaler in the district town, who bought from a distributor in Patna, who bought from a company that has never been to Nalanda. Each is entitled to their margin. None of them lives near the person who spent the hundred rupees.

Running the other way is produce, craft and cooking — things the district makes well and sells badly, because reaching a buyer means a day of travel and a middleman who sets the price on arrival. The two flows pass each other on the same broken road.

Why this is hard to copy

A marketplace can be built in a quarter. These cannot.

The drivers already had a reason to be there

A driver here owns the e-rickshaw, and most were already running on DeepValley's lithium-ion battery subscription. Because they were driving these village routes before Metagaon existed, every delivery or ride request is additional income on a trip already happening — so the unit economics work at rural basket sizes from day one.

The roads measure themselves

Every trip returns motion and energy data. 645 km across 2,112 road segments in Nalanda now carry a condition rating built from 19,381 of the fleet's own passes — and routing, delivery promises and vehicle choice all read from it.

Eleven services, one dispatch problem

Groceries, a cooked meal, a craft order, a vegetable subscription and a ride to the block hospital are the same problem with different sellers attached. Building them as one system is why the service list doubled this year and the company did not.

Who is building it

Pravin Kumar started DeepValley in December 2022 and runs it as CEO. Four people work on it. The office is registered on Chandi Road in Harnaut — the same block the network delivers in, which is less a decision about premises than the reason any of this works: the people who onboard a shop drove there.

Metagaon is a DeepValley project rather than a company of its own, and the order it was built in is the argument. First the batteries, supplied to e-rickshaw owners across Nalanda. Then Chakra, which gave a sealed battery a way to report its own condition and use, and the vehicle along with it. Those same e-rickshaws are Metagaon's delivery agents, serving the panchayat their driver lives in. Each layer was paid for by the one beneath it.

On paper

Registered as

DeepValley EMA LLP. “DeepValley” is the name we trade under and the one registered as a mark.

Incorporated

27 December 2022.

LLPIN

ABZ-6111.

Registered office

Chandi Road, near Bahadurpur, Harnaut, Nalanda, Bihar 803110.

Startup India

Recognised by DPIIT, DIPP124168.

Marks and patents

DeepValley is a registered trademark. Metagaon has been applied for, and two patents are filed — applied for, in both cases, not granted.

Where the technology came from

DeepValley was incubated at the IIT Patna Incubation Centre, and the grant that paid for the first real engineering was the Department of Science and Technology's NIDHI-PRAYAS, hosted there. It funded an IoT battery intelligence and management system — a way for a battery to report its own condition and use rather than stay a sealed box somebody guesses about. That work became Chakra.

It matters here for one reason. Chakra is why the vehicles that carry a village's groceries are instrumented at all — the motion and energy data behind every road condition rating on this site comes off that system. The road twin was not a marketplace feature somebody specified and funded. It was already running.

The lines we hold

Three ways to make money faster here. Each one would eventually cost more than it earned, so we have ruled all three out.

We do not lend

Udhaar already exists in every village. We write it down and stop there. The goods and the risk stay the shop's. The moment we finance it we become a lender to people with no cushion, which is a different company with a different conscience.

We do not replace the shopkeeper

The obvious play is to learn what a village buys, cut the shop out and ship from a warehouse. It would work for a while. It would also remove the one person in the chain who extends credit, knows who is unwell, and can be looked in the eye when the dal is bad.

We do not set the maker's price

No reverse auctions, no dynamic squeeze on a farm or an artisan. A platform that competes on being cheapest eventually funds that from the weakest party in the transaction, and the weakest party here has no alternative buyer.

Talk to us.

Four people in Nalanda, and the founder answers these himself. Write to pravin@deepvalley.in — for press, for an investor question, or to be sent the mark, the app or a photograph of the fleet.