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<ul><li>Delhi-based <keyword id="9998259" type="UNKNOWN" weightage="20" keywordseo="RHA-technologies">RHA Technologies</keyword>, founded by Arun Meena during the lockdown, is helping budding entrepreneurs get on the <keyword id="138263" type="PERSON" weightage="20" keywordseo="startup">startup</keyword> bandwagon by being their ‘co-founder’. </li><li>The startup currently works on a revenue share model or an equity share model with a minimum fixed cost as fees as well.</li><li>They work with the startup until it has built a strong foundation or has raised funding, a process that can last for a couple of years.</li></ul><keyword id="7158515" type="UNKNOWN" weightage="20" keywordseo="tech-outsourcing">Tech outsourcing</keyword> has long been a popular go-to formula for major IT companies in the West, but not for a startup that relies heavily on technology to get the business going. But as more and more people turn to entrepreneurship even if they don’t come from a core tech background, now there’s a startup that wants to be the co-founder of your startup. Delhi-based RHA Technologies, founded by Arun Meena during the lockdown, is helping budding entrepreneurs get on the startup bandwagon by being their ‘co-founder’. “The idea was to help startups and mid-sized companies solve their technology issues. Our goal is to help those teams through their initial journey and this could start right at the ideation stage, figuring out how to get things done,” Meena told Business Insider. So RHA Technologies takes on the role of a tech co-founder and goes to work with the startup until it has built a strong foundation or has raised funding, which can go on for years as well. “We are trying to solve their product problem. Advising is easy, but what we do is implementing the ideas we share as well. It’s not just the technical implementation but also consulting where we do the market research, validate the idea, how to prioritise and create an MVP (Minimum Viable Product),” said Meena. Along with daily meetings with the business, the startup also goes on to interact with the customers and brings back their perspective to see if there’s a product-market fit for the business as well. Currently working with three startups, Meena has created the roadmap for the next three years. With a team of 20 people, their capacity allows them to work with five startups at the same time. The startup currently works on a revenue share model or an equity share model with a minimum fixed cost as fees as well. “Our involvement is long-term. Because we are investing our time, we come in with an equity or revenue share model,” he shared. SEE ALSO: <a href="https://www.businessinsider.in/india/news/covid-19-vaccine-from-novavax-begins-late-stage-trials-in-the-uk-recruits-10000-people-for-the-study/articleshow/78309823.cms">COVID-19 vaccine from Novavax begins late-stage trials in the UK — recruits 10,000 people for the study</a>

This startup wants to be the tech co-founder for your startup

<ul class="summary-list"><li><keyword id="11916300" type="UNKNOWN" weightage="60" keywordseo="mcdonalds" source="Orion">McDonald's</keyword> and Nando's are among the UK retailers hit by supply chain shortages.</li><li>Experts say the UK is short 100,000 truck drivers, leading to long delays.</li><li>It could end up making products more pricey for the consumer, they say.</li></ul>McDonald's <a href="https://www.businessinsider.com/mcdonalds-pulls-milkshakes-from-uk-locations-over-supply-chain-issues-2021-8">pulled milkshakes</a> from its menus across UK restaurants this week, citing supply chain issues. The week before, popular restaurant chain <a href="https://www.businessinsider.co.za/nandos-uk-restaurants-shut-temporarily-because-suppliers-cant-keep-up-2021-8">Nando's said</a> it would temporarily close 50 stores because it couldn't get hold of its main ingredient, peri-peri chicken. And in July, <a href="https://www.bbc.co.uk/news/business-57690505#:~:text=German%20confectionery%20giant%20Haribo%20has,a%20shortage%20of%20lorry%20drivers.&amp;text=The%20government%20said%20it%20had,test%20capacity%20and%20funding%20apprenticeships.ips.">German confectionary giant Haribo</a> said it was struggling to get its sweets to shops in the UK. These are just three examples of retailers and foodservice companies hit by supply chain issues. Similar issues are <a href="https://www.businessinsider.com/us-small-businesses-grapple-with-ongoing-supply-chain-disruptions-2021-4">common across the US too</a>, but experts say that the UK is dealing with unique challenges thanks to a massive truck driver shortage.This shortage, partly fueled by the pandemic and partly by the UK leaving the EU, could lead to long delays and, ultimately, price increases for customers, experts say.According to the Road Haulage Association (RHA), the <a href="https://apnews.com/article/lifestyle-europe-business-health-coronavirus-pandemic-5052b6ce47540db5eb133748908963b7">UK is currently short 100,000 trucker drivers</a>. Pre-Pandemic, there would have been around 600,000 drivers in total.While a lack of truck drivers predated the pandemic, the situation has only become worse.Drivers that had come over from mainland Europe went home during the pandemic and never returned. New immigration rules in the wake of Brexit also made it harder for these workers to come and go - <a href="https://www.contractoruk.com/news/0015112ir35_reform_fuelling_100000_hgv_driver_shortage.html">tax changes</a> also impacted self-employed drivers.The pandemic and ongoing lockdown also meant that many would-be drivers were unable to join the industry because they <a href="https://www.gov.uk/government/consultations/changes-to-hgv-and-bus-driving-tests-and-allowing-car-drivers-to-tow-a-trailer-without-an-extra-test/changes-to-hgv-and-bus-driving-tests-and-allowing-car-drivers-to-tow-a-trailer-without-an-extra-test">couldn't take the proper driving tests</a>. It's the perfect storm.Read more: <a href="https://www.businessinsider.com/holiday-shopping-how-retail-business-owners-can-prepare-2021-8?inline-read-more">Business owners are already prepping for holiday shopping madness to avoid shipping delays and supply-chain nightmares</a>"This means the available pool of drivers are getting booked up extremely quickly, and prices are naturally starting to increase," Alex Hersham, cofounder and CEO of Zencargo, a UK-based logistics company, said in an email to Insider. To combat this, the UK government <a href="https://www.gov.uk/government/publications/temporary-relaxation-of-the-enforcement-of-the-retained-eu-drivers-hours-rules-all-road-haulage-sectors-within-great-britain/temporary-relaxation-of-the-enforcement-of-the-retained-eu-drivers-hours-rules-all-road-haulage-sectors-in-great-britain-until-3-october-2021#:~:text=Drivers%20continue%20to%20be%20bound,%2D%20to%2026%2Dweek%20period.">temporarily eased restrictions</a> on the number of hours drivers can work. It's also testing <a href="https://www.businessinsider.com/trucker-shortage-drivers-extra-long-trucks-tested-supply-chain-shortage-2021-8">extra-long trucks</a> that can deliver more goods at one time, and so require fewer trips and fewer drivers.Retailers themselves are also getting creative in how they attract workers to drive their delivery vans.Grocery giant Tesco is offering £1,000 ($1,168) bonuses to drivers who join before September 30. John Lewis said it would raise its lorry driver salaries by up to £5,000 ($5,843) to keep them motivated.But experts say these trucker shortages are likely to lead to long delays across the entire <keyword id="11893588" type="UNKNOWN" weightage="100" keywordseo="retail" source="Orion">retail</keyword> sector, and consumers could see prices creep up."Consumers could potentially face weeks of delays when ordering products online, whether it be furniture, cosmetics, clothes, or bicycles, with a number of haulers already running out of capacity for the whole of August," Hersham said.He added: "We've all seen footage on the <keyword id="11893589" type="UNKNOWN" weightage="60" keywordseo="news" source="Orion">news</keyword> of empty supermarket shelves ... but we're already seeing this spread from supermarkets to other retailers, and if businesses don't start planning, they could wind up in a similar situation."Ramsey Baghdadi, an analyst at GlobalData, told Insider that retailers and foodservice providers should start to invest in tech that increase supply chain visibility, such as <a href="https://www.businessinsider.com/blockchain-technology-applications-use-cases">blockchain</a>, to prepare. "These technologies will help staff to be informed about the product delivery in real-time. This will allow companies to plan ahead of shortages due to increased traceability and avoid customer distrust," he said.

A massive shortage of truck drivers in the UK means McDonald's ran out of milkshakes and Nando's ran out of peri-peri chicken. Experts fear it could get worse.

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This startup wants to be the tech co-founder for your startup

Sanchita Dash

A massive shortage of truck drivers in the UK means McDonald's ran out of milkshakes and Nando's ran out of peri-peri chicken. Experts fear it could get worse.

Mary Hanbury

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