Ecom Express Private Limited, launched in January this year is a new logistic firm which is focused on providing the last mile services to the ecommerce companies. It has been started by TA Krishnan, Ex – SVP (North) & All India Head Ecommerce, for Bluedart Express Limited along with two of its ex-colleagues Sanjeev Saxena and K Satyanarayan.
The company also has involvement of Raman Gulati as the Director, who is also the Director of Operations and founding member of the team that launched the HomeShop18. Though on contacting Raman to know about this venture, he refused to comment anything about his involvement in it.
Ecom Express Private Limited has started its services in 36 cities of North India and is covering 1000 Pin codes in these 36 cities. It is expected to expand its operations to some southern cities starting September and also plans to expand its operations to 330 cities within 3 years. The company has already received funding commitment of about INR 250 crore from five angel investors, as per reports.
In recent times there are various logistic companies which have come up in the space, and recently DTDC Courier and Cargo has also launched a new arm called DotZot to provide logistic support to ecommerce companies. The company competes with other logistic companies such like Delhivery, Red Express, Chottu.in and established companies like Bluedart and Aramax.
As ecommerce logistics need strong tech platform to track shipments from the moment customer places an order, and with more customers buying online has given rise to ecommerce delivery market to grow at over 50%. The ex-officials from Bluedart, starting something in the same field showcase that starting a last mile delivery firm is not only a lucrative business but also has a high opportunity and still need some supply chain experience.