Triplogic raised funding to build airline baggage sharing

Triplogic.io helps travelers earn money to utilize empty luggage on airplanes as a super fast courier system. The startup headquartered in Bandung has raised an initial funding of US$250,000 by angel investors to develop more business and airline baggage share as an alternative to the super fast logistics system.

Tinuku Triplogic raised funding to build airline baggage sharing

Triplogic has just raised its first US$250,000 fund by angel investors for business development. The startup set up by Oki Earlivan Sampurna in May 2017 allows everyone to earn money by carrying items that utilize the empty luggage in an airplane journey.

Triplogic will send the feeder to pick up the shipment from the customer and hand it to the traveler at the airport using the on demand service company. In the destination city, another feeder will pick up the shipment from the traveler at the airport and ship to the delivery destination.

"I happen to be active in online shopping. I want to deliver the packages within hours to all destinations. But it is very expensive and even had to wait until three days. There are many opportunities of empty luggage when people travel," said Sampurna.

Triplogic has only three classes based on the duration of the trip. The cheapest rate is 1.5 hours trip cost Rp35.000 (US$2.59) per 2 kilogram, travel 2,5 hours cost Rp40.000 (US$2.96) per 2 kilogram, and travel over 2.5 hours cost Rp45.000 (US$3.33) per 2 kilogram.

"We are charging 25 percent of each transaction. The travelers withdraw the remaining money from their accounts and also earn points to be redeemed at Triplogic partner merchants such as souvenir shops, hotels, or to buy more airline tickets," Sampurna said.

"We also provide lost and damage insurance where many airport and airline systems have bad services," Sampurna said.

The airline baggage sharing system sees the interconnected needs of passenger aircraft and the fast delivery needs of goods. Passengers can not ask for refund or compensation for unused empty luggage while boarding an airplane, whereas it is a passenger's right.

Items are scanned using airport-owned machines to find out the contents, then Triplogic officers will add packlogs with Triplogic logos and take care of the traveler's check-in process. When a traveler arrives at the airport of departure, the Triplogic officer will provide boarding passes where the traveler goes on a plane.

Arriving at the destination airport, the traveler is in charge of picking up the Triplogic logo item from the plane's baggage and the traveler will hand over the item to the Triplogic officer who has been waiting at the arrival gate. Goods will then be sent using a land feeder to the destination address.

"Traveler does not know the form of goods, but they know the contents because we tell. The shipping process is monitored through four to five notifications when goods are picked up, arriving at the airport, departures, goods down at the destination airport, and goods to the delivery address," Sampurna said.

Until now there are no competitors who have the same service with Triplogic, but there have been logistics companies such as JNE, TIKI and Pos Indonesia which provides almost similar type of service to Triplogic. Sampurna said it will not compete logistic companies because Triplogic has different delivery methods.

"Now is the era of sharing. If you can share together, why compete? "Said Sampruna.

Triplogic monetizes not only the shipping costs paid by the shippers, but they also earn commissions from e-commerce using their services. Triplogic also provides a check in and baggage handling service at a cost of Rp10,000.

Comments