Super Founder profile
Abid Rashid
Founder, FastBeetle Logistics Pvt. Ltd.
- Logistics Tech / E-commerce
- Srinagar
- Founded 2019
- Active
The idea
What FastBeetle Logistics Pvt. Ltd. set out to solve.
First Kashmiri startup to raise $100K internationally (Dec 2021)
Founded 2019 Srinagar; co-founder Abid Rashid Lone; Sheikh Samiullah is CEO (MBA); last-mile logistics focused on J&K small/micro businesses and home-based entrepreneurs; built during Article 370 internet shutdown; 19,000+ pin codes including Ladakh; line haul business new vertical
The turning point
The Lemon Ideas connection.
Abid is part of the Lemon Ideas founder ecosystem.
Where they are now
Milestones along the way.
- $3M valuation (2023)
- $5M valuation (2024)
- Delhi NCR expansion
Achievements
- First J&K business on Shark Tank India (Jan 2023)
- Survived internet blackouts post Article 370 using 2G and landlines
- Delivered 15 tonnes apples during curfew
- Alsisar Impact incubated
- Delhi NCR expansion launched
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