Table of Contents
Introduction:
India’s main logistics and delivery chain arm. We commenced operations in 2009 as Flipkart’s in-residence deliver chain arm. Our constant excellence in customers revel in, with dependable transport and coping with variability at scale, Ekart logistics has made us the favoured associate for diverse businesses. You can utilize our quit-to-quit fulfilment offerings to preserve your Clients’gladness with on-time deliveries and hassle-loose offerings.
About Ekart logistics:
Ekart logistics or Ekart courier is an Indian courier transport offerings corporation, centred in Bangalore, Karnataka. A subsidiary of digital trade corporation Flipkart Pvt. Ltd., its miles run via way of means of Instakart offerings Pvt. Ltd. Ekart gives you around 10 million shipments a month. As of 2015, Ekart shipped eighty-five percent of merchandise ordered on Flipkart. Klick2Shop Logistics Services International, a Singapore-primarily based totally corporation, invested Rs.1641 crore in Ekart in October 2017.
EKART is India’s biggest logistics and delivery chain corporation turning in 10 million shipments a month to 3800+ pin codes. Established in 2009, EKART as Flipkart‘s in-residence delivery chain arm has powered the boom of Flipkart with improvements together with Cash on Delivery, In-a-day guarantee (50 towns), and Same-day guarantee (thirteen towns). EKART gives you constant excellence in customer revel in via way of means of delivering reliably and coping with variability at scale. With a renewed assignment of remodeling the center delivery chain thru technology, EKART is now supplying an equal proposition to Brands, Sellers, Platforms, and Consumers outdoor of the Flipkart Group.
Ekart logistics Founder & Team:
Ekart logistics or Ekart courier is an Indian courier transport offerings corporation, centered in Bangalore, Karnataka.
Ekart logistics History:
Established in 2009, Ekart presently gives you nearly a hundred million shipments a month. The corporation, which has evolved into a tech-enabled pan-India delivery chain community, will now provide offerings like shipping, c, distribution, and aggregation to different e-trade firms.
Jeeves, the offerings arm of Flipkart, will offer quit-to-quit solutions (such as installation, demo and restore offerings) for the after-income desires of manufacturers thru its professional community of a technical team of workers throughout India. To preserve it quickly and simply – Owned and operated via way of means of Flipkart; kart is their favored logistics associate that allows them with nearly all their deliveries to all most important places throughout India.
It started in 2010 as Flipkart Logistics which turned into later modified into an unbiased entity in trying to seize a bigger marketplace proportion. Most of their deliveries are taken care via way of means kart itself, and the brought gadgets may be tracked via way of means of traveling the authentic internet site of Flipkart, in which you want to go into the kart Tracking ID and electronic mail Address, withinside the kart monitoring box.
Just like each different logistics corporation, their number one sales version is transport charges, other than which, statistics monetization is some other manner they make first rate cash as well.
Ekart logistics Name & Logo:
Ekart logistics Revenue:
- Revenue for the Calendar Year 2019 stood at USD 680M up from 490M withinside the Calendar Year 2018.
- According to its retaining entity Instakart’s annual economic statements, eKart has recorded a 78% hike in sales to Rs four,422.2 crores in FY 19 from Rs 2,488.7 crore in FY18.
Ekart logistics Funding & Investors:
Ekart Logistics consumer has raised a complete of ₹6.4B in investment over 1 spherical. Ekart Logistics raised a complete $503.9 M in investment over three rounds. This turned into a Venture – Series Unknown spherical raised on Oct 2, 2017.
- Ekart Logistics consumer is funded via way of means of Klick2Shop Logistics Services International.
Ekart logistics Revenue Model:
Flipkart’s Ekart is a logistic corporation which turned commenced as a corporation in tier 2, three towns to assist the logistic desires of Flipkart. In February 2016, It commenced serving different eCommerce gamers like Jabong (now part of Flipkart’s brand Myntra), shopclues, etc.
They compete with gamers Delhivery, Gati, etc (supply: Flipkart to provide its logistics offerings to third-birthday birthday celebration e-trade firms). The business version is simple “Ekart like each logistic carrier receives paid for transport, pickup of products couriered through eCommerce internet site).
Ekart now no longer simplest allows Flipkart to store the cash it might be paying to different companies for looking after the logistic enterprise, it additionally allows the corporation with some other supply of sales via way of means of presenting the equal line of the carrier to different providers.
Ekart logistics Award & Recognition:
There aren’t any statistics on it.
Ekart logistics Competitors:
Ekart Logistics’s pinnacle competition consists of DTDC, Blue Dart, and Ecom Express.
Ekart logistics Latest News:
- Jan three, 2018: Business Standard (India) — Flipkart’s logistics arm Ekart Logistics increases Rs sixteen bn from Klick2Shop
- Oct nine, 2017: VCCircle — Flipkart’s logistics arm earmarks $460.7 mn for investments, acquisitions
- Funding Round – Oct 2, 2017: Ekart Logistics consumer raised ₹6,410,000,000 / Series Unknown from Klick2Shop Logistics Services International.
- Flipkart plans $1 billion fundraising in advance of IPO.
- Ekart has competitive plans for its courier carrier, with an intention to seize five-10 consistent with cents of the marketplace withinside the first year.
Ekart logistics Future Plans:
There aren’t any statistics on it.
FAQs about Ekart logistics:
When turned into Ekart Logistics based?
Ekart Logistics turned based in 2009.
How lots sales does Ekart Logistics generate?
Ekart Logistics generates $587.7M in sales.
What is ekart desire master?
“Who could need to courageous the push on the marketplace while the entirety involves the door?” Saleem’s identity is Wishmaster. It’s a nod to his twin position as a form of deliveryman-consumer rep. Saleem is nearly usually offered without delay to consumers due to the fact many belong to prolonged households in which a person is nearly always home.
How lots investments does Ekart Logistics have?
Ekart Logistics has traditionally raised $503.9M in investment.
Where is Ekart Logistics’s headquarters?
Ekart Logistics’s headquarters is in Inn Bangalore Karnataka, IN.
How speedy is Ekart Logistics?
With the same old transport carrier, the approximate transport time is four to five running days. With the specific carrier, Ekart Logistics’ transport time is two to three enterprise days, irrespective of the destination. It is really well worth noting that customers obtain a textual content message with the envisioned transport time.
How many personnel does Ekart Logistics have?
Ekart Logistics has 11,000 personnel.
What quarter does Ekart Logistics function in?
Ekart Logistics is in Courier, Logistics & Freight Services.
Is the Sunday excursion for Ekart Logistics?
It relies upon who the logistics associate is. Flipkart has its very own logistics eKart and it additionally makes use of other logistics associates like Delhivery, BlueDart, FedEx, and India Post. Each courier is chosen to rely on the pin code and different parameters. If those couriers paintings on Sundays then you definitely may get your product on Sunday.
Who is Ekart Logistics’s competition?
Ekart Logistics’s pinnacle competitors are DTDC, Blue Dart, and Ecom Express.
Is Ekart Logistics owned via way of means of Flipkart?
Ekart turned into obtained via way of means of Flipkart from WS Retail Services, a chief supplier on Flipkart’s platform, in 2015.
Is eKart a personal corporation?
Solo Ekart Private Limited is an unlisted personal corporation integrated on 07 April 2021. It is assessed as a personal restricted corporation and is positioned in, Madhya Pradesh. Its legal proportion capital is INR 1.00 lac and the entire paid-up capital is INR 1.00 lac.
Conclusion:
This is all approximately India’s biggest logistics and delivery chain arm supplying seamless quit-to-quit fulfillment offerings for businesses.
