With the increase in Internet penetration and the boom in the usage of online websites in India, logistics startups have grown their business and engage in other areas through technology. It has opened an arena to meet an unmet need of supply-chain. Thus, such existing supply chain solutions fill the gap between the retailers through their distributed logistics industry services. Over the past decade, maritime exchanges in shipping and logistics have erased the boundaries and blurred the waiting time.
So, here we have the top 10 logistics companies that can stand promising in 2023!
1. Ekart Logistics
Headquartered in Bangalore, Ekart is India’s leading logistics and supply chain arm of Flipkart. Kalyan Krishnamurthy as its CEO. They started their operations in 2009 as Flipkart’s in-house supply chain arm. Ekart is a tech-driven supply chain that ensures timely and hassle-free deliveries through API-based integration for shipment creation, tracking and resolution. Their services include customer-friendly payment options to hassle-free pick-up processes.
With the help of API based integration for shipment creation and SMS communication to customers, their shipment to delivery of products to their customers is, thus, on time. In 2010, they started a 30-days return policy. In 2014, they came up with the same day delivery service option and in 2015, they Tied up with Mumbai Dabbawalas for LM delivery.
2. Delhivery
Delhivery is one of India’s leading fulfilment platforms for digital commerce. With its nationwide network spreading across 2500+ cities, the company offers a full suite of logistics services such as express parcel transportation, PTL and FTL freight, reverse logistics, cross-border, B2B & B2C warehousing, freight, order fulfilment services and technology services.
This company with a pan-India network has over 15000 customers and over a billion consumers every month. As per their LinkedIn Handle, With 24 automated sort centres, 85 fulfilment centres, 75 hubs, 2500+ direct delivery centres, 1100+ partner centres, 15000+ vehicles, and 40000+ team members, they can deliver a million packages a day. SSN Logistics Pvt Ltd is a logistic company that operates the web platform Delhivery.com.
This startup has transformed the logistics industry by making faster delivery speeds, thus decreasing logistics costs and increasing e-commerce supporters. The company has investors like Times Internet Ltd, Japan’s SoftBank Vision Fund, Carlyle, Fosun, Tiger Global, Nexus Ventures, and Steadview Capital.
The company is based out of Gurgaon, Haryana, India and was founded in 2011 by Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan.
3. Ecom Express Private Limited
Ecom Express Private Limited is an end-to-end technology-enabled logistics startup that provides services to the Indian e-commerce industry. Incorporated in 2012, Ecom Express is based out of 2012. It was founded by T.A. Krishnan, Manju Dhawan, K. Satyanarayana and Late. Sanjeev Saxena has more than 100 years of cumulative experience in the industry of logistics and distribution.
Ecom Express uses its cutting-edge technology and automation solutions to process first-mile pickup, processing, network optimization and last-mile delivery. The products of the company include Ecom Express Services (EXS), Ecom Fulfilment Services (EFS) and Ecom Digital Services (EDS)b
Ecom Express is available in 29 states of the country and has a network working in 2400 towns across 25,000+ PIN codes in India. It is the first private logistics company in India to think of a full-state coverage strategy. It can reach every doorstep in every village in a state.
This full-state coverage facility is available in 20 states including Andhra Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Goa, Gujarat, Haryana, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal. Thus, the company can deliver over 1.2 billion orders.
4. Rivigo
Rivigo is a logistics and supply chain company having $11.4 M funded in the G series of the round.
Founded in 2014, this startup is transforming the shape of logistics with their “global-first driver relay model” and a perfect amalgamation of technology, data, culture and operations excellence, so that they can consistently provide unparalleled delivery times and reliability to their service users. This model is designed in a way ensuring each of the truck drivers, the pilot, spends less time away from their family.
Their logistics suite offers relay-led trucking and freight marketplace. Their LinkedIn says, “Relay delivers express logistics across the full truckload, part truckload and cold chain logistics. RIVIGO Freight is India’s largest digital trucking marketplace.”
Deepak Garg and Gazal Kalra. This startup has made logistics human, faster, safer, and cost-effective, catering to multiple industries such as e-commerce, automotive, FMCG, and others.
5. ShiftKarado
Founded in 2015, ShiftKarado is headquartered in Gurugram and is a logistics and supply chain company. It is a reliable and professional packer and mover service that offers its customers office/ home/ vehicle shifting.
The startup aims to resolve the then-prevailing issues faced in the relocation industry, ShiftKarado is the technology-driven packing and moving services provider in India.
It has simplified the relocation process for the customers. Its services include, domestic relocation, Shifting of Household Goods & Furniture, Office Shifting Services, Storage Services, Value Added Services – Packing & Unpacking. Besides, it also provides the Risk Cover for goods being shifted.
6. Edgistify
It is a warehousing operation & fulfilment network that helps D2C brands, SME’s, E-commerce sellers provide Amazon & Flipkart with next-day delivery. They claim to be India’s first developing tech platform for end-to-end warehousing & fulfilment requirements. It is founded by the alumni of IIT and NIT and backed by supply chain industry experts. Antim Suman, Kamal Kishore Kumawat, and Umang Shukla are the founders of Edgistify.
The company was started with a vision of making logistics simple, scalable & flexible. Their LinkedIn handle says, their model of working helps clients in “reducing their logistics cost structure with an 8-16% reduction with the help of providing the most cost-effective options out of 700+ service providers associated” with this startup.
Their solutions include focusing on D2C & Ecommerce Fulfillment, Enterprise Warehousing Fulfillment, and Start-Up Logistics Support. This startup is driven by the vision to be the leading Logistics Supply Chain Support Services Partner enabling Optimization and Operational Excellence driven by Technology & Data.
7. Shadowfax
Founded in 2015, is a privately held Logistics & Supply Chain based out of Bengaluru, Karnataka. In 2015, this startup was meeting 15 thousand orders per day and in the same year, they acquired Pickingo.
And, in 2015, they raised $8.5 M Series A Funding. In 2016 they doubled up their speed of delivering orders, reaching 30k orders, and they raised $10 M Series B Funding. It is simplifying the business of transportation and logistics and turning it into a simple and stress-free experience.
They are dedicated to the best customer service and the most cost-effective solutions for their users’ transportation and logistics requirements. By streamlining and embracing new technology, they can provide services at a low cost. Through the connections and relationships that we have built over the years, their customers can get special pricing from their carriers/vendors that our customers normally would not get otherwise.
In 2019, they fulfilled 400k orders per day and raised $60 M Series D Funding. They are catering their services to the FMCG industry, apparel, Pharma, E-commerce, Groceries, Auto among others. As per the news report came in early March 2021. Epigamia partnered with Shadowfax to offer agile D2C delivery pan India.
8. Ninjacart
Founded in 2015 by Ashutosh Vikram · Sharath Loganathan, Kartheeswaran KK, Vasu Devan and Thirukumaran Nagarajan, Ninjacart is India’s largest Fresh Produce Supply Chain platform that connects producers of food directly with retailers, restaurants, and service providers using in-house applications that enables end to end operations.
Currently, they are supplying vegetables and fruits from farmers to retailers and businesses across 7 cities, ensuring the products to be delivered within 12 hours. They have eliminated intermediaries and taken complete control of the Supply Chain by using technology and analytics. This startup has built reliable, cost-effective, and high-speed logistics and infrastructure to ensure there will be no food wastage in the Supply Chain.
They are connecting farmers, who get better prices and consistent demand on one hand, and on the other end, retailers get fresh products at competitive prices at their doorstep.
This startup envisions providing logistic services to producers, businesses, and consumers in a meaningful manner. In a short span, they have garnered support from investors include Accel US, Syngenta Ventures, Neoplux, HR Capital, Trifecta Capital, Jo Hirao, Founder of ZIGExN, Accel India, Nandan Nilekani, Mistletoe, Qualcomm Ventures, Tiger Global, Flipkart and Walmart.
9. Xpressbees (BusyBees Logistics Solutions Pvt. Ltd.)
Xpressbees is a Logistics $Supply chain startup founded in 2015 by Amitava Saha and Supam Maheshwari. It is one of India’s fastest growing express logistics service providers India serving end-to-end supply chain solutions. Their logistics services are spread across B2B Xpress, B2C Xpress, Cross-border and 3PL(Third Party Logistics) that come with an edge of speed, accuracy & scalability. Busybees Logistics Solutions Pvt Ltd. is an e-commerce logistics solutions provider, delivers shipments in India.
The USP of this company is that it offers same-day delivery and next day delivery, cash on delivery, vendor pick up, try and buy, and returns and reverse pick up services. It is based in Pune, India. Its network is spread across 2000+ towns and cities across the country and has swiftly emerged as trusted logistics partners for the leading players in eCommerce, health care, grocery, heavy machinery, finance, and automotive. To name a few, they are associated with Bajaj Finserv, Bewakoof, purple.com, Flipkart, Meesho, TATA CLIQ, Snapdeal, Myntra, Firstcry and many others.
10. LetsTransport
Incorporated in 2015, LetsTransport was founded by IIT-Kharagpur alumni Pushkar Singh, Sudarshan Ravi, and Ankit Parasher. It’s a last-mile tech-logistics solution provider for intra-state deliveries with its headquarter in Bangalore. Its services are reliable, affordable, and professional services, structured to meet the needs of partnered enterprises.
LetsTransport employs light commercial vehicles for urban logistics and has 55,000+ truckers with them across 14 cities. Lets Transport serves industry sectors like organized retail, FMCG and e-commerce, distribution and 3PL companies. To name a few, their clients include Amazon, Flipkart, Bisleri, Vishal Mega Mart, Future Supply Chain, Coca-Cola, and Udaan.
The startup offers customized logistics solutions for clients, in addition, they offer screened drivers, audited and GPS-enabled vehicles, point-to-point billing, status updates, 24×7 service, and greater efficiency to their associated clients.
It’s a series-B funded tech-logistics company that aims to use technology to help enterprises to reach consumers faster. To date, LetsTransport has raised US$20 million funding from leading investors like Fosun RZ Capital, Bertelsmann India Investments, Mitsubishi Corporation and others.
Disclaimer: Note that the provided top 10 Logistics Startups are not based on any ranking but the discretion of the writer.