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Flexport unveils ecommerce tools as returned CEO aims to regain profitability

Economic TimesEconomic Times · 1y ago
Flexport unveils ecommerce tools as returned CEO aims to regain profitability
Medial

Logistics startup Flexport is launching services to simplify the import and fulfillment process for small businesses selling on e-commerce marketplaces. The new services, called Revolution and Flexport+, aim to automate and streamline various tasks that small businesses typically perform across multiple spreadsheets and platforms. Flexport's offerings include freight services, supply chain financing, customs paperwork, and product storage, aiming to help sellers reduce costs and complexity. This move comes as Flexport seeks to regain profitability amid a challenging freight market. The company also recently acquired Shopify's logistics business, including e-commerce fulfillment provider Deliverr.

Logistiex raises $250K in bridge round

EntrackrEntrackr · 1y ago
Logistiex raises $250K in bridge round
Medial

New-age e-commerce startup Logistiex has raised $250,000 in its bridge round led by PACE Family Office, with contributions from notable angel investors, including Siddhant Khemka. The proceeds will be used to further enhance product development and expand the tech team, Logistiex said in a press release. In July last year, the startup had raised $425K in its pre-seed round. Founded in 2023 by Sarvartha Kanchan and Vineet Agarwal, Logistiex helps sellers manage their e-commerce presence through a single sign-on using the Logistiex Universal Platform. As per the company, the platform currently is in the beta stage and is generating revenue. “Our approach, notably influenced by the founding team and experience in tech and e-commerce, promises innovative solutions like unified seller and fulfillment platforms, aimed at simplifying e-commerce backend in India. We are here to make the sellers find their winning mojo on multi-channel ecommerce business model” said Sarvartha Kanchan. The startup has recently launched the MVP for its fulfillment platform, experiencing a notable spike in system adoption.

E-commerce Platform Selection Guide: Choosing the Right Platform

StartupTalkyStartupTalky · 1y ago
E-commerce Platform Selection Guide: Choosing the Right Platform
Medial

This E-commerce Platform Selection Guide aims to provide insights into the factors involved in selecting the right e-commerce platform. It emphasizes the importance of user experience, scalability, customization, SEO and marketing capabilities, mobile responsiveness, security, integration and support, and cost considerations. Key factors to evaluate when choosing a platform include business needs, budget, ease of use, customization options, scalability, payment options, security features, SEO capabilities, mobile responsiveness, and customer support. To make an informed decision, businesses can research and compare platforms, take advantage of free trials, seek advice from industry experts, and engage with platform providers directly.

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