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Ecommerce’s in-house delivery turn flips third-party logistics biz script
Economic Times
·
2m ago
Medial
Indian ecommerce giants like Amazon, Flipkart, and Meesho have shifted deliveries in-house, causing a consolidation in the third-party logistics (3PL) sector. This shift has led to challenges for logistics providers such as Delhivery, Ecom Express, and others. Delhivery's acquisition of Ecom Express aims to strengthen its 3PL position, though it faces pricing pressures. Despite these changes, analysts expect growth to resume in FY26, bolstered by consolidation and strategic acquisitions.
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Magicpin launches Velocity for hyperlocal ecommerce deliveries
IndianStartupNews
·
1y ago
Medial
Magicpin has launched Velocity, a delivery-as-a-service (DaaS) solution aimed at revolutionizing the logistics industry. The platform promises to deliver orders within 30 minutes, providing real-time workforce tracking and order status updates. By partnering with various third-party logistics providers, Velocity offers a cost-effective alternative to in-house logistics. Magicpin aims to handle over 100,000 orders per day and has already established partnerships with popular merchants. The platform provides a superior customer experience and aims to streamline the delivery process with advanced technology integration.
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Myntra expands rapid delivery service M-Now to Delhi-NCR and Mumbai
YourStory
·
1m ago
Medial
Myntra has expanded its rapid delivery service, M-Now, to Delhi-NCR and Mumbai to meet growing demand for quick fashion deliveries. The service is supported by over 40 dark stores and robust logistics, including in-house and third-party fleets. This expansion follows successful pilots and significant growth in daily orders. M-Now has also shown lower return rates, attributed to its focus on high-intent, occasion-led purchases. Competitors like Nykaa are also exploring quicker delivery models.
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Cross-border shipping, checkout, quick delivery: Shiprocket supercharges new biz
Livemint
·
9m ago
Medial
Logistics aggregator Shiprocket plans to increase investments in its emerging businesses, specifically in the areas of cross-border shipping, checkout, and quick deliveries. These segments already account for a fifth of the company's total revenue, with the aim of driving further growth. Shiprocket, backed by Temasek, is valued at over $1 billion and is set to achieve its first full year of profitability on an adjusted EBITDA level. The company has raised $233 million from various investors and aggregates third-party logistics players to fulfill orders for businesses. Shiprocket aims to continue expanding through organic growth and potential acquisitions.
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Amazon India board clears merger of logistics arm with marketplace entity
Economic Times
·
2m ago
Medial
Amazon Transportation Services (ATS), Amazon's Indian logistics arm, is merging with Amazon Seller Services to simplify the organizational structure and reduce legal compliance. Approved by the National Company Law Tribunal, the merger aims to streamline resources and infrastructure management. ATS, primarily serving Amazon, recently opened to third-party clients. Amazon, like its rivals, has in-house logistics. The merger is unrelated to any plans for a public listing of Amazon's India business.
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After slipping into the red, can Mahindra Logistics execute a U turn?
Livemint
·
1y ago
Medial
Mahindra Logistics Ltd (MLL), a third-party logistics (3PL) provider, aims to become a ₹10,000 crore logistics services provider by 2025-26. The company has been expanding its warehousing footprint and diversifying into non-core segments including business-to-business (B2B) express, freight forwarding, and last-mile delivery. However, MLL faced setbacks in 2023-24, posting a loss for the first time since it went public. The company's future success will depend on turning around its B2B express segment, overcoming competition, and capitalizing on opportunities in the logistics market.
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Online brands’ logistics paradox—can’t live with them, can’t ship without them
Livemint
·
26d ago
Medial
Direct-to-consumer (D2C) brands heavily depend on logistics partners to reach their customers, but face persistent issues like billing mistakes, mishandling returns, and poor delivery experiences. These problems strain relationships, impacting D2C companies in sectors such as apparel, beauty, food, beverages, and electronics. Despite frustration, D2C brands find third-party logistics essential for maintaining relevance and operational efficiency as they sell directly from digital platforms, highlighting the critical yet challenging nature of these partnerships.
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Magicpin Ventures Into Logistics Aggregation Space, Eyes 1 Lakh Daily Orders
Inc42
·
1y ago
Medial
Hyperlocal delivery startup Magicpin has ventured into the logistics aggregation sector with its new platform, Velocity. Designed to address challenges posed by the fragmented nature of the logistics market, Velocity offers aggregation services for third-party logistics providers including Shadowfax, Dunzo, and Ola. With a current average of 5,000 orders per day, Magicpin plans to scale this up to over 100,000 daily orders. Velocity provides hyperlocal deliveries, live workforce tracking, real-time order updates, and customer feedback mechanisms. The platform is available for integration by businesses of all sizes.
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Logistics-as-a-service on ONDC hits 1 million transactions in June
Economic Times
·
1y ago
Medial
The Open Network for Digital Commerce (ONDC) in India has reached a milestone of one million transactions in June for its on-network logistics-as-a-service. This initiative aims to bridge the demand gap for third-party logistics and improve delivery across the network. Sellers using on-network logistics can optimize costs and ensure timely deliveries. The service is currently available in all 28 Indian states and seven union territories, with Karnataka, Delhi, and Telangana seeing the highest order deliveries. ONDC is receiving interest from various consumer goods, direct-to-customer brands, and fashion domains to optimize service costs.
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Ecommerce logistics companies join quick commerce bandwagon as orders rise
Economic Times
·
12m ago
Medial
E-commerce and hyperlocal logistics companies in India are entering the rapid delivery sector to meet the growing demand for quick commerce. Companies such as Ecom Express, Shadowfax, and Loadshare are joining the trend of offering same-city deliveries within two to four hours. Delhivery, the largest third-party e-commerce logistics firm in India, has already announced plans to open dark stores for fast deliveries. The quick commerce market in India is expected to reach nearly $7 billion in gross merchandise value by 2025, with groceries accounting for almost half of it.
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Festival season boosts Delhivery to second consecutive profitable quarter
Livemint
·
8m ago
Medial
Indian logistics firm, Delhivery, reported a net profit of INR 10.2 crore ($1.37 million) in the September quarter, compared to a loss of INR 103 crore in the same period last year. Delhivery attributed the profit to robust volume during the festival season. Revenues for the quarter grew 12.8% to INR 2,190 crore. The company also saw growth in its express parcel, part truckload, and cross-border services. Delhivery expects the positive trend to continue for the rest of the year, despite losing market share to Meesho's in-house logistics partner, Valmo. The company plans to introduce faster options for shipping and launch a third-party shared quick commerce network.
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