In a country like India, managing logistics with flair can sometimes be a very difficult task. Combine that with the insatiable appetite of the Indian population for buying things online and expecting timely deliveries, and things rapidly descend into a nightmare.
According to latest reports, the E-commerce industry in India will touch the US$ 18 billion mark. The sector is growing at an astounding CAGR of over 55%. It stands to reason that the demand for better and more agile logistics solutions are in high demand.
While there are many startups that operate in the logistics domain, only a handful have managed to create a niche of their own. Here are 10 such firms.
1. Ecom Express: Kicking off the list is the Delhi-headquartered logistics firm Ecom Express. It was established in 2012, and has since then received several rounds of funding from the likes of Warburg Pincus and Peepul Capital. What sets Ecom Express apart is the fact that it was one of the first companies to study the growth of E-commerce in India, realise its potential and provide E-commerce-centric shipping options.
2. BlackBuck: BlackBuck is based out of Bengaluru and is a dominant player in the B2B logistics arena. It is most commonly favoured by firms which manufacture heavy goods and equipment, and which needs hauling to various locations across India. For this, BlackBuck offers trucks of various sizes and load-bearing capacities. Its backend operations leverage modern technology seamlessly.
3. Rivigo: Rivigo was founded in 2014 in Gurugram. It has an off-beat business model which helps it stand out in a crowd. Rivigo provides shipping of goods using heavy-duty trucks. It has distributed the country into several zones, each manned by its personnel. Once a truck reaches point A to B, the driver is allowed to rest while a reserve driver completes the journey. It is similar to taking pit-stops in a sense.
4. Shadowfax: Shadowfax leverages technologies like IoT and GIS to deliver goods all over the country. It was founded in 2015 and has since garnered several funding rounds. The company serves over 17,000 Pin Codes and ships to over 220 countries.
5. 4Tigo: This is a brand owned by Fortigo Network Logistics and was founded in 2015. The company helms its formidable technological prowess as an SaaS platform behind the scenes. It is known for its fleet management services which is popular with truck owners pan-India. Hence, it is also known as ‘The Truck Network.’
6. QikPod: Founded in 2015 by noted entrepreneur Ravi Gururaj in Bengaluru, the company has a quirky value proposition. It has placed smart lockers, which are essentially collection points, at strategic locations in Bengaluru. QikPod calls these ‘Host Lockers’. Customers can then use these delivery collection solutions at their leisure.
7. Delhivery: Delhivery is, of course, one of the country’s foremost players in logistics for E-commerce businesses. With a fleet of more than 5,000 trucks and capable of covering north of 2,500 cities across India, Delhivery has grown exponentially since its founding in 2011.
8. Gojavas: This is a 360-degree logistics provider for all E-commerce requirements. It began life in 2013 in Gurugram and is currently co-owned by Snapdeal. The latter has invested significant amounts in Gojavas.
Rounding off the list are 2 dynamic logistics providers- ‘Letstransport’ and ‘Locus.’
With each passing month, the number of eCommerce logistics companies catering almost exclusively to shipments is rising. This is indicative of the growing strength of the E-commerce sector. It is also a measure of how bright and young entrepreneurs are creating a difference!
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