Ekart attributes 8X growth in 3 years to supply chain monetisation efforts

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The story "Ekart attributes 8X growth in 3 years to supply chain monetisation efforts" was covered 11 hours ago by YourStory, a news publisher based in India.

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Ekart attributes 8X growth in 3 years to supply chain monetisation efforts - YourStory

Quick Summary:

With a daily capacity of over 6 million shipments, the company’s last-mile network spans 98% of Indian postal codes, with over 50 million cubic feet of warehousing and a fleet of 7,000 trucks.

These capabilities have enabled a 30% increase in two-day deliveries and a 40% expansion in zonal coverage for ecommerce brands in India, the company added.

While the industry is growing at a rate of 5-10% YoY, the company expanded its client base of retail and D2C brands by 10X, it reported.“Ekart's capabilities reflect the immense potential of India’s logistics industry, and we are proud to contribute to its evolution.