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SHIPROCKET WAREHOUSE EXPANSION
From Checkout to Delivery: The infrastructure shift reshaping Indian e-commerceIndia's e-commerce success hinges on execution, not just sales. Shiprocket emerged by solving complex logistics challenges. It connected wa...- Unicommerce Esolutions logs 27% rise in Q3 revenue at Rs 33 crore; net profit jumpsNet profit rose 62% on-year to Rs 6.3 crore for the Gurugram-based ecommerce software firm, on control of expenses under various heads.
- Overall job postings surged by 20% this festive season, professional networking platform apna.co saysApna.co reports a 20% increase in job postings this festive season, driven by strong hiring in logistics, e-commerce, and hospitality secto...
- NPCI flags misuse of virtual IDs; q-comm’s festive playHappy Thursday! The NPCI is taking strict action against unauthorised use of virtual IDs. This and more in today’s ETtech Morning Dispatch.
- Ecommerce logistics companies join quick commerce bandwagon as orders riseEcom Express, Shadowfax, and Loadshare, supported by Warburg Pincus, Flipkart, and Tiger Global, respectively, have entered the rapid deliv...
- Zomato’s ecommerce push; Byju’s failure to recover vendor duesThe Deepinder Goyal-led company is looking to augment the front-end offerings of Blinkit by having an in-house back-end supply chain where ...
- Ecommerce SaaS company Unicommerce eyes IPO in second half of 2024The firm has started the book-building process and capital markets and investment firm CLSA has been roped in as one of the managers for th...
- Shiprocket’s FY23 operating revenue surges 78% to Rs 1,089 crore; net loss widens nearly 4-foldExplaining the 3.6-fold increase in its loss, the company said that it acquired two businesses during FY23: retail software-as-a-service (S...
- Shiprocket Fulfillment unveils new warehouse facilities in Mumbai, Bangalore, GurgaonShiprocket says that these facilities are capable of bearing up to 1500 kg/sq ft.
- The fallout from China’s tech-tonic shiftTop executives, startup founders and CEOs of Indian internet firms including Flipkart, Paytm, Oyo Hotels & Homes, Ola, Zomato, Swiggy, Make...
- Flipkart to shut Smart Fulfillment; deals return as restaurants recoverFlipkart said the move would reduce costs for sellers, but some aren’t so sure.
- Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopenThe aggregators are now passing on the increased costs to customers.
- Shiprocket to build about 30 new warehouses at a cost of around $20 millionWith a multi-carrier API that allows sellers to manage orders, print shipping labels, and avail tracking information from multiple provider...
- Logistics cos say fully geared to meet challenges during festival demandWith aggressive demands during festive seasons over the last few years, COVID-19 has further accelerated e-commerce adoption in all segment...
- Recruitment up at fund-rich logistics firms looking to expand turfRecruitment companies such as Quess and PeopleStrong said there would be a 20-25% uptick in jobs in sorting and packing centres and in midd...
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