Shadowfax: Logistics startup offering third-party logistics (3PL) and task management services.

Over 200 enterprise and mid-market customers in India, Southeast Asia, and the Middle East are reported to be served by the startup.
They have more than doubled their sales year over year, owing to excellent return client business and healthy gross margins.
Adani, Tata, Mahindra, Aditya Birla, Renew, Hero, ITC, Marico, Zetwerk, and Zilingo are amongst their customers.
Their first product may be the world’s first patent-pending AI-powered parcel sorting robotic system, which instals at least 10 times faster, saves 70% to 80% of space, and increases productivity by more than 4X.
It provides 3PL fulfillment for products which range from chemicals to heavy items like machinery.

• No minimum order quantity requirements make it suitable even for eCommerce firms having low order quantities to make use of the latest trends such as next day delivery and same
• Shadowfax employs artificial intelligence and technology to ensure that supply keeps up with demand in the hyperlocal distribution environment, that is rapidly evolving and highly fragmented, in addition to to create an amazing end-customer experience.
• For example, logistical software could help a retailer realize that they need to open more retail locations in strategic areas or specific zip codes.
• Studies also show that the return rate of eCommerce stores is at least 48%, compared to 8.89% for physical shops.

For instance, in April 2021, third-party logistics company FM Logistic India deployed its first batch of electric vehicles in Bengaluru for intra-city last-mile delivery.
The EVs will undoubtedly be used to carry out intra-city deliveries for WayCool, an Indian agri-commerce company, thus, driving social impact while transforming the meals economy.
Due to the widespread popularity of online shopping, 3PL aggregators in India attended a long way.

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So if you are in the eCommerce business, this website is worth your time in learning several areas of shipping solution providers plus some of the best eCommerce shipping companies to select for the business.
Businesses which are successful are not willing to spend money on the development of modern and effective logistics solutions.

• Thus, for investors, it might be valuable to focus on technology that encourages such collaboration.
• Join our exclusive community of business leaders &makers for in-depth tech stories and intelligence on India’s tech economy you won’t find elsewhere.
• According to their website, the carriers Octovan has assisted a lot more than 30,000 clients.
• Spoton includes a holistic customer orientation across all customer-facing operations, Excellent People Orientation with strong people processes, and Excellent Operating Processes, all of which are supported by a very robust IT solution.

Thus, to supply a cost-effective method for sellers to meet up the varying need of customers during the entire year, third party fulfillment companies provide sellers with flexibility and scalability to take care of the variation in demand.
By simply using Economies of Scale, 3PL fulfillment companies handle multiple sellers and, thus, have the ability to distribute the expenses of transportation among many parties.
The seller may also maintain an asset-light model without investing capital in infrastructures such as warehouses and trucks.
ECommerce in India is booming and correspondingly, so may be the 3PL fulfillment industry.
Different agencies show that the demand for third-party fulfillment companies is bound to grow steadily.
Technavio, a UK-based research firm, has predicted the industry to grow at a CAGR of 8% and by $10.74 Billion between 2021 – 2025.

Why is logistics so compelling though, is how integral it really is to our lives yet how slow to embrace technology and innovation it’s been compared to a great many other world industries in the last twenty years.
In aggregate, the industry supervises the movement of approximately $11.7T worth of goods across the globe annually, servicing an evergrowing market projected to reach $15.5T by 2024.

Pickrr is a cloud-based, end-to-end logistics service that is revolutionising what sort of business vendor distributes something to a client anywhere on earth.
Pickrr enables businesses to provide any item to any location in the world in just a matter of seconds.
Their partners will need care of all the hassles of picking up, packing, and shipping the goods to any place.
Blowhorn is really a Bengaluru-based intra-city logistics technology firm with offices in Chennai, Delhi, Hyderabad, and Mumbai.
It claims to have invented the spot and fixed-contract transportation business, and it is now concentrating on speed across all logistical services.
Large corporations, SMEs, and people can use the startup’s fixed contract and variable engagement models.

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In the years ahead, the sector is likely to continue expanding at an annualized rate of 4.1% through 2023 to ~$169B, with a corresponding +9.2% increase in the number of industry operators vying for that growing market share.
Additionally during the last decade, a rise in global trade and consumer spending has spurred overall economic activity, increasing the need for freight forwarding services and allowing more market entrants to fully capture a bigger little bit of a growing pie.

Shippers, transportation businesses, and logistics service providers use it as a technological partner.
Saint Gobain, Dalmia Group, JSW Steel, ITC, BLR Logistiks, Patanjali, Kohler, Sugam Group, DHL, Ceat, Damco, MRF, and Pernod Ricard are among the companies that trust Freight Tiger.
Its mission would be to make the lives of each stakeholder in the supply chain easier and better.
Lightspeed Venture Partners, Shriram Transport Finance Corporation, and Moonstone Investments are among the investors in Freight Tiger.
It’s a platform that connects shippers, truck drivers, customers, and other relevant parties.
Simplicity, speed, and efficiency are in the heart of your business, and they’re also in the centre of ours.

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to a fad.
The global supply chain market is projected to eclipse $21.9B in 2023, that is up over $6B from its estimated worth in 2020.

For the convenience of customers, parcel lockers may be built-in major metro stations or near shopping malls.
The parcel station is kept in a strategic invest a densely populated region, is easy to get at round the clock, and the consignee may come and have the cargo by themselves.
Join our exclusive community of business leaders &makers for in-depth tech stories and intelligence on India’s tech economy you won’t find elsewhere.
India’s 3PL market, valued at $215 Bn in 2020, is likely to grow at a CAGR of 10.5% to reach $354 Bn by 2025, according to CARE Ratings.
In Hyderabad, Bangalore, Vijaywada, Bhiwandi, Mumbai, Aurangabad, Pune, and Vashi, they will have a full-fledged 3PL setup with a total premise space of 500,000 sq.