Tag: logistics

  • Ezyhaul: Revolutionising the Way Businesses Deal With Logistics

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Ezyhaul.

    The Logistics service has been here since the beginning of civilization, and as we are getting evolved, and things are getting better. Technology has turned the world into a Sci-fi movie. With the digital revolution that our country is experiencing, the logistic sector has also changed completely. To aid this process with digital excellence, Mudasar Mohamed, Raymond Gillon, and Nicky Lum founded Ezyhaul in 2016.

    Ezyhaul is a one of the most popular and leading digital road freight platform in Southeast Asia, is the online platform using which clients can make bookings for B2B domestic short and haul, and cross-border shipments.

    Ezyhaul – Company Highlights

    Startup Name Ezyhaul
    Headquarters Bangalore
    Industry Logistics
    Founders Mudasar Mohamed, Raymond Gillon, and Nicky Lum
    Founded 2016
    Total Funding $21.84 Million
    Website ezyhaul.com

    Ezyhaul – About and How It Works?
    Ezyhaul – Industry Details
    Ezyhaul – Founders and Team
    Ezyhaul – How was Ezyhaul Started?
    Ezyhaul – Name, Tagline and Logo
    Ezyhaul – Startup Launch
    Ezyhaul – Business Model and Revenue Model
    Ezyhaul – Startup Challenges
    Ezyhaul – Competitors
    Ezyhaul – Funding and Investors
    Ezyhaul – Growth
    Ezyhaul – Awards and Recognition
    Ezyhaul – Future Plans

    Ezyhaul – About and How It Works?

    Ezyhaul is a digital tech company whose main focus is to transform the road freight industry, it is basically a digital road freight platform serving the people in South Asia.

    Ezyhaul is essentially a modern-day digital broker that let your clients book domestic and cross-border transportation services online. The company has taken on itself to solve the problems of logistics and that is scale, professionalism, and analytics.

    Ezyhaul is a platform that focuses on connecting shippers with carriers who have enough space on their trucks. The platform enables you to use a real-time tracker to track shipments. It has launched control towers so that the truck movement can be monitored and the arrival of your shipments can be predicted.

    The main goal of this innovative platform named Ezyhaul is to transform transportation logistics by creating an ecosystem that surrounded shippers, truckers, government agencies, and third-party service providers. The aim of the company is to use technology in the transport business that is otherwise has been paper-based.  

    Ezyhaul – Industry Details

    Ezyhaul works across sectors and some of their clients on demand-side include Reliance, Exide, Pidilite, Shell, Amazon, etc. On the Supply-side, the company works typically with small and medium side transportation companies. Since they operate in India and South East Asia, the app equally concentrates on both the market.

    Ezyhaul Website
    Ezyhaul Website

    Southeast Asian transport market size is $36 billion and the Indian transport market size is $160 billion. In the next five years, the team is expecting an increase in digitization in the transport space with faster adoption of new-age technologies and they believe that Ezyhaul will be a resource for this change.

    Ezyhaul – Founders and Team

    Mudasar Mohamed, Raymond Gillon, and Nicky Lum are the founders of Ezyhaul.

    Mudasar Mohamed, Raymond Gillon, and Nicky Lum
    Ezyhaul founders

    Ezyhaul cofounders were colleagues at UTI worldwide. Raymond Gillon is dutch, Nicky Lum is Malaysian and Mudasar Mohamed is an Indian. The three co-founders spoke, discussed, planned about launching a startup on digital broker model and transport space. Just a month later, Ezyhaul was incorporated.

    • Raymond Gillon, Co-founder and Chief Executive Officer – He was a Managing Director (Vietnam and Cambodia) in UTI Worldwide Inc. He is an Engineer and MBA from INSEAD.
    • Mudasar Mohamed, Co-Founder and Chief Operating Officer – He was Managing Director (Singapore and Malaysia) in UTI Worldwide Inc. He is an Engineer and MBA from the University of Southern California – Marshall School of Business.
    • Nicky Lum, Co-Founder and Director – He had Sales Roles in companies like UTI Worldwide Inc and Kuehne Nagel.

    Given that the company operates in multiple countries, the founders have split their time in different markets. For example, Mudasar takes care of India while Raymond, Nicky along with a couple of more professionals take care of South East Asia. Other executive team members of Ezyhaul are: Mark Debattista – Vice President of Sales, and Eric Soo – Head of Technology.

    Ezyhaul has over 242 employees and the co-founders firmly believe in creating a joyful, respectful, and humane environment for all members of the company.

    Ezyhaul – How was Ezyhaul Started?

    The three co-founders earlier used to work at a Multinational Corporation logistics corporate in Singapore. They all had leadership goals and roles in the Logistics Company. Observing the supply-and-demand problem for large businesses, together they decided to start up a company to solve the problem.

    When two of the co-founders were working in the United States, they realized that in the transport industry, the concept of brokers is very common. At the same time, digital platforms like Uber were revolutionizing in the action of demand-and-supply in the transport space. Understanding it all, the co-founders saw an opportunity to re-engineer the historical broker model and use modern technologies to connect the supply chain.

    To revalidate the model, the founders spoke to several leaders from the logistics industry to receive feedback. The response which they received from the leaders of supply and chain was very encouraging, almost all of them told the co-founders to go for it. Five of them became their early investors and Ezyhaul raised $800,000 from angel investors which helped them in expanding the business operations in Malaysia for a year and a half.

    The idea behind Ezyhaul’s name is that if you break it into two words: Ezy means making things Easy and Haul is the short form of Haulage which means the commercial transport of goods. So ideally it perfectly justified the company’s mission to create a very easy platform for trucking industries; hence the name Ezyhaul.

    Ezyhaul Logo
    Ezyhaul Logo

    The company’s tagline is “Transportation made Ezy“. It describes the motto of the company.

    Ezyhaul – Startup Launch

    Ezyhaul began as a bootstrapped company.

    “It’s very tough for somebody to give you money for an idea. So you need to have that conviction to use your own money to at least get the idea off the ground. If you’re a first time entrepreneur, you need to show them (Investors) something convincing. So I think bootstrapping with your own money is quite important. It also signals to the investor that you’re serious about your business since you’ve put in your own money and that you are prepared to put in the grind.” –Mudasar Mohamed, Co-Founder and Chief Operating Officer

    All three founders did not draw any salary in the first year of starting up. To launch in a smaller market to assess its product, Ezyhaul began operations in Malaysia first. They soon began getting offers and had a list of 10 good clients within months.

    Backed by the success, Ezyhaul raised a seed fund of $800,000 from Angel investors. From then on, there was no stopping them. After strategic investors pumped in another $25 million, they began expansion into Thailand, followed by India.

    Ezyhaul – Business Model and Revenue Model

    The clients make online bookings for domestic and cross-border transportation services. The platform includes integrated dynamic route optimization technology that builds the most efficient delivery routes, optimizes vehicle utilization, and minimizes total transportation costs. The profit margin differs from plain regions to high dimensions and it generally lands between 5-20%.

    Given that Ezyhaul is into the B2B industry, most of the sales happen through direct sales channels while a small percentage happens through digital marketing that uses B2B marketing strategies. They have a team of experts who handles clients, tie-ups, and marketing.

    The startup believes and has been focusing on digitization, so the team has used a combination of both digital marketing and direct sales method to reach out to customers. The factors which worked for them are referrals by existing customers which in turn was an outcome of delighting them with exceptional customer service.

    Ezyhaul – Startup Challenges

    The biggest challenge in the logistics industry is enabling the drivers to use the application and increasing the adoption of smartphones amongst the driver community. Smartphone adoption is a challenge in South East Asia and India. Ezyhaul mitigated that challenge and partnered with multiple telecoms that help in getting drivers discounts on handsets and data.

    Ezyhaul – Competitors

    Ezyhaul’s proprietary technology has been a core differentiator especially route optimization. They have been able to reduce the client’s transport spend nearly by 15% through the Ezyhaul platform. The algorithms that Ezyhaul has created takes care of the company’s pricing aspect as well as route and lane.

    The top 10 competitors in Ezyhaul’s competitive set are GoGoVan, Lalamove, Ninja Van, Deliveree, Dada, Logivan, Xdel Singapore, Cargobase, GoJavas and Whitebox.

    Ezyhaul – Funding and Investors

    Ezyhaul has raised a total of $21.84 million in funding to date.

    For any startup it is a massive vote of confidence when an existing investor does a follow up round and more so when the investment triple their outlay. The first round of funding was $800,000 from angel investors and this helped the company in expanding the business in Malaysia for a year and a half. The company has raised $5 million in Series A round in 2018 and raised $16 million in Series B from the same strategic investor in 2019

    Ezyhaul’s Funding Details

    Date Stage Amount Investor
    2016 Seed Round $840K Undisclosed
    2018 Series A $5 million Undisclosed
    2019 Series B $16 million Undisclosed

    Ezyhaul – Growth

    Ezyhaul has grown more than 900% and has struck partnerships from leading companies that allowed the propagation of the clients. They have been able to draw out references from a lot of their existing clients.

    With more than 30,000 trucks serving the market of Southeast Asia, the team now has set its sights on India, which is a huge market, and where despite the many innovations, the transportation industry remains fragmented but Ezyhaul, which is operational in Malaysia, Singapore, and Thailand believes there’s room for more.

    Ezyhaul – Awards and Recognition

    Ezyhaul’s biggest achievement is being the first transport startup in the transport industry, which is multinational and is progressing and expanding year after year. Recently Ezyhaul backed the Accenture-Freight & Logistics ASEAN Innovator Award!

    Ezyhaul – Future Plans

    Ezyhaul is one of the few startups that serve in multiple countries. Most startups prefer to operate in a single set-up. However, Ezyhaul operates in Singapore, Malaysia, Thailand, and India.

    In the next two years, Ezyhaul will be penetrating in further industry markets. In the next five years, the team is expecting an increase in digitization in the transport space with faster adoption of new-age technologies and they believe that Ezyhaul will be a resource for this change.

    FAQs

    Who is Ezyhaul founder?

    Mudasar Mohamed, Raymond Gillon, and Nicky Lum are the founders of Ezyhaul.

    What is Ezyhaul?

    Ezyhaul is a leading digital road freight platform in South Asia. Using its online platform, clients can make bookings with Ezyhaul for B2B domestic short-haul, long-haul, and cross-border shipments.

    How much funding has Ezyhaul raised?

    Ezyhaul has raised a total of $21.84 million in funding to date.

    Who are the competitors of Ezyhaul?

    Ezyhaul’s competitors – GoGoVan, Lalamove, Ninja Van, Deliveree, Dada, Logivan, Xdel Singapore, Cargobase, GoJavas and Whitebox.

  • D2c Brands and New-Age Logistics Players – A Match Made on the Expressway

    The article is contributed by Nilesh Ghule, Co-founder and CEO, TruckBhejo.

    Over the last two years, primarily because of the pandemic, and deeper internet and mobile phone penetration there is an unprecedented surge in online shopping. As a result, the e-commerce market has boomed and is estimated to reach USD 200 bn by 2026, according to Inc42’s e-commerce report. It has also led to the growing popularity of the Direct to Consumer (D2C) business model.

    Alongside this boom, a Mordor Intelligence report underlines that driven by the growth of manufacturing, FMCG, retail, and e-commerce, the Indian Third-Party Logistics (3PL) market is expected to register a CAGR of over 11.5% during the forecast period of 2020-2025.

    This growing synergy between D2C brands and logistics providers is driven by the need for greater efficiency and speed with customers setting delivery deadlines that are shrinking every day, from 24 hours to 10 minutes. ‘Express Deliveries’ is the buzzword today, and with this in mind, Indian businesses, like their western counterparts, are slowly making the transition from horizontal to vertical integration.

    Bottom-line over top-line

    Earlier, the business strategy favoured the takeover of rival companies and the development of in-house facilities to expand in size and assert market dominance. Today, with the bottom line taking precedence over the top-line, and efficiency outscoring effectiveness, D2C brands are seeking third-party services to combat competition.

    D2C as a business model relies on three important aspects namely core product, online selling experience, and offline fulfilment experience. It is in the third, the last-mile delivery stage, that tech-based logistics platforms are coming into play with the guarantee of delivering products in the most time and cost-effective manner through increased digitization and automation.

    Tech-ing the shortcut

    Just like robotics and sensors have streamlined operations in the warehouse, drones and driverless EVs could well revolutionize e-commerce supply chains in the future. For now, AI-driven tools like the Internet of Things (IoT), advanced algorithms, blockchain, and data analytics can be incorporated into operations to optimize routes, circumvent delays, and reduce empty miles.

    TruckBhejo has, in just five years since its inception, shipped over 2 million tons, completing one million deliveries by leveraging technology. It even managed to satisfactorily complete a monthly order of 50,000+ products for an e-commerce major to meet increased demand during the festive season.

    Tracking deliveries

    With customers raising the bar every day, the buck doesn’t stop at speed. It demands reliability and transparency too. The customer expects personalized communication via text and email to stay connected with the product from the time it leaves the warehouse till it reaches their doorstep.

    Here again, tech-based 3PL players can provide great customer satisfaction through real-time updates that help them track the product right down the supply chain. Even if there’s a logjam, they are as much in the know as the supplier and transporter. This kind of visibility helps build brand loyalty which is imperative in a crowded market.


    List of Top 13 Logistics Startups in India
    The logistics industry in India is growing day by day. Here is a list of the top logistics startups in the country that are leading the industry.


    Customized solutions

    The road logistics market in India is expected to reach USD 330 billion by 2025, according to the ‘Inter-city Logistics Market Study’ by RedSeer. However, to ensure a seamless run, logistics tech aggregators need to come up with customized solutions to cater to clients who come in all shapes and sizes, demanding local, pan-India, and even global reach.

    One way to do this is through smart packaging. Standardization in the size of the items and choice of packing material, with thermocol sheets and bubble wrap replacing bulky plywood or fragile glass cases, can bring down the burden of warehouse and transportation costs and scale up the volume of orders.

    Plan for the future

    The Indian logistics sector has one of the highest transportation costs at 14% Gross Domestic Product (GDP). The good news is that the government has come to its aid with the PM Gati Shakti—National Master Plan launched by PM Narendra Modi. Its aim is to break departmental silos and bring in more holistic and integrated planning and execution of projects with a view to addressing issues of multi-modal and last-mile connectivity. With better infrastructure, digitization, and pan-India mobile and internet connectivity, 3PL players can speed up their operations, helping D2C brands to thrive and grow.

    Conclusion

    While there is a steady growth in D2C business model adoption and e-commerce business, it is imperative for the companies to team up with the logistics players to ensure success and sustainable growth. A good logistics partner with tech-enabled solutions like TruckBhejo can provide unparalleled customer experience through speedy deliveries, timely status updates, and accommodating last-minute requests. Tech-led startups are adding immense value to the D2C brands by putting the technology into the use case and making various smart tools available to the customers. This “best match on the expressway” is ultimately ensuring delivery of not just the goods, but also of the customer experience and satisfaction.

  • List of Top 13 Logistics Startups in India

    The logistics industry is the backbone of every economy. In the last few years, the eCommerce industry is flourishing in a big way. The growth of eCommerce websites in India enabled startups dealing in logistics to scale up their business and tap into other areas through technology. This allowed them to solidify the existing supply chain solutions and fill the gaps in the otherwise fragmented and unorganized Indian logistics industry.

    The current value of the Indian Logistic sector is $160 Billion. At the current growth rate, the Indian logistics industry has reached $250 billion in 2021. As per a 2021 report, India’s LPI (Logistics Performance Index) rank is 35. In this article, we will talk about the top Logistics startups in India. So, let’s take a look at them.

    Delhivery
    BlackBuck
    Rivigo
    Edgistify
    First Flight
    ShiftKarado
    4TiGO
    Shadowfax
    Locus
    LetsTransport
    Qikpod
    FreightBro
    Blue Dart

    Delhivery

    Founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan

    Location: Gurgaon

    Year Founded: 2011

    Delhivery Logo
    Delhivery Logo

    Founded in 2011, Delhivery is one of India’s leading supply chain services. It is a Gurgaon-based shipping startup. Delhivery is one of the last mile delivery startup companies in India. It envisions becoming the operating system for India. Delhivery’s business model only deals with e-commerce orders; this makes it easy for Delhivery to pick up, connect, and deliver shipments on time. According to its official website, Delhivery has successfully fulfilled over 1 billion orders for more than 55 million households across India. Moreover, the venture brings unparalleled cost efficiency and has a pan-India reach to businesses of over 100,000 customers and over 15 million consumers every month.  The latest round of funding was on May 11, 2022.

    BlackBuck

    Founders: Chanakya Hridaya, Rajesh Yabaji, and Ramasubramaniam

    Location: Bangalore

    Year Founded: 2015

    BlackBuck Logo
    BlackBuck Logo

    Formed in 2015, BlackBuck has become India’s largest trucking network by combining data science and logistic services to create a smart supply chain. BlackBuck is one of the few online trucking logistics startups in India. It is a pioneer in bringing the offline operations of trucking online. BlackBuck is committed to making life easier for truckers by allowing them to book a load and move at capacity and enabling shippers access to the right truck, all at the click of a button. The latest round of funding was on October 21, 2021.

    Rivigo

    Founders: Deepak Garg and Gazal Kalra

    Location: Gurgaon

    Year Founded: 2014

    Rivigo Logo
    Rivigo Logo

    Rivigo is a technology venture building the material movement pipeline of India. Rivigo’s vision is to make logistics ‘human’. Deepak Garg and Gazal Kalra are the founders of Rivigo. While making logistics human, faster, safer, and cost-effective through excellence in technology, data, culture and operations, it services multiple industries such as e-commerce, automotive, FMCG, and others.

    Rivigo has launched a Relay-as-a-Service (RaaS) to offer a relay trucking model to fleet owners and truck drivers in India. Relay Trucking is an operating model wherein drivers change over every few hundred kilometres of driving through a network of relay pit-stops and then get rostered back to their home base. Rivigo launched the National Freight Index in 2019. National Freight Index enables unrestricted, real-time sharing of freight pricing. It has the potential to unlock immense value for the logistics industry.

    Edgistify

    Founders: Kamal Kishore Kumawat, Antim Suman, and Umang Shukla
    Location: Mumbai

    Year Founded: 2016

    Edgistify Logo
    Edgistify Logo

    Edgistify is a one of its kind tech platform for logistic firms that aids them in designing the entire supply chain for different industries. It is one of the top logistics startups in Mumbai. As a manufacturer, one needs a reliable warehouse which doesn’t cause problems at present and in the future. Edgistify helps you find the best warehouse in India. It verifies warehouses by inspecting them and making the details available on its website. This way you have the required information at your fingertips if purchasing a warehouse interest you. According to Edgistify’s official website, it has developed a databank of more than 780 Million Sq. ft. of warehousing space.

    First Flight

    Founder: O. P. Saboo

    Location: Goregaon, Mumbai

    Year Founded: 1988

    First Flight Logo
    First Flight Logo

    First Flight provides services such as priority couriers, e-commerce logistics, air cargo, and train cargo. First Flight is one of the top courier startups in India. It has partnered with Jabong, Myntra, Paytm, Home Shope18, amazon, shop clues, Flipkart, and other major e-commerce companies. First Flight is India’s domestic courier service. The company is in the process of setting up a large-scale integrated logistics division to offer an entire amount of warehousing, inventory management, supply chain services, and distribution channels, thereby providing total end-to-end solutions to its customers.

    ShiftKarado

    Founder: Atul Mithal

    Location: Gurgaon

    Year Founded: 2015

    ShiftKarado Logo
    ShiftKarado Logo

    Launced in 2015 with the aim to resolve the then-prevailing issues in the relocation industry, ShiftKarado is among the leading technology-driven packing and moving services providers in India. It operates in the competitive, unorganized relocation market to simplify the moving process for its customers. They provide you with the opportunity to track your goods in a real-time movement. ShiftKarado’s last raise was 5 Crores funding in 2019 by Star Worldwide Group.

    4TiGO

    Founders: Vivek Malhotra and Anjani Mandal

    Location: Bangalore

    Year Founded: 2015

    4Tigo Logo
    4Tigo Logo

    Founded in 2015, 4TiGO provides a common technology platform along with complementary business services. It is one of the most promising supply chain startups in Bangalore. 4TiGO’s mission is to empower the ever-growing goods transportation industry ecosystem through the synergy of technology and networking. It has raised $10 million in a single round of funding that was held on May 2, 2017.

    Shadowfax

    Founders: Abhishek Bansal and Vaibhav Khandelwal

    Location: Bangalore

    Year Founded: 2015

    Shadowfax Logo
    Shadowfax Logo

    Founded in 2015, Shadowfax is one of India’s largest crowd-sourced delivery platforms. Its unique logistics app enables the delivery of food, pharmacy and e-commerce for businesses and helps them generate customer satisfaction. According to its website, Shadowfax provides services in 150+ cities with over 1,50,000 transactions being processed by it on an average every day. Shadowfax has raised $60 million in funding. The last round of funding was on December 5, 2019.

    Locus

    Founders: Nishith Rastogi and Geet Garg

    Location: Bangalore

    Year Founded: 2015

    Locus Logo
    Locus Logo

    Founded in 2015, Locus is a machine learning startup focused on simplifying the field of logistics. The logistics startup uses artificial intelligence to solve problems such as scheduling, tracking, and the management of on-field fleet in on-demand and hyper-local industry segments. Locus caters to startups, enterprises and brands across various sectors like grocery, furniture, pharma, and consumer electronics. The startup boasts of serving some of the market leaders such as Quikr, Urban Ladder, Licious, and Lenskart. The latest round of funding was on June 2, 2021.

    LetsTransport

    Founders: Ankit Parasher, Pushkar Singh, and Sudarshan Ravi

    Location: Bangalore

    Year Founded: 2015

    LetsTransport
    LetsTransport Logo

    LetsTransport is an intra-city logistics service provider in Bangalore. It is a transport startup in India. Vendors tend to have many clients within their home base and are required to deliver goods to shops and offices within the city. LetsTransport provides logistic service within your city through verified drivers, etsTransportsGPS tracking, and 24/7 service. The latest round of funding for LetsTransport was on June 15, 2020.

    Qikpod

    Founder: Ravi Gururaj

    Location: Bangalore

    Year Founded: 2015

    Qikpod Logo
    Qikpod Logo

    Qikpod is a platform that allows you to get the delivery of your parcel using safe and secure lockers. You need to provide the details about your delivery person to Qikpod, and he will deliver the parcel to you in a Qikpod locker. This method of delivery guarantees safety as you can unlock the locker only with an OTP sent on the phone. Presently, Qikpod caters only to the people of Bengaluru. Business tycoon Ratan Tata is one of Qikpod’s investors.

    FreightBro

    Founders: Anand Babu, Mohammed Zakkiria. A, and Raghavendran Viswanathan

    Location: Mumbai

    Year Founded: 2016

    FreightBro Logo
    FreightBro Logo

    Founded in 2016, FreightBro provides intuitive solutions which work at the touch of a button. It is one of the top logistics companies in Mumbai. In today’s world that’s dominated by technology, doing business offline is an inefficient way of functioning. FreightBro provides you with high-tech solutions to speed up your day-to-day business activities so that you only focus on the core business. It goes beyond the role of a service provider by acting as an advisor as well. A true business partner indeed.

    Blue Dart

    Founders: Tushar Jani, Khushroo Dubash, Clyde Cooper, and Clyde C. Cooper

    Location: Mumbai

    Year Founded: 1983

    Blue Dart Logo
    Blue Dart Logo

    Blue Dart Express is one of the largest logistics companies in India, and South Asia’s premier expresses air and integrated transportation/distribution company. Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories, and offers an entire spectrum of distribution services. These include air express, freight forwarding, supply chain solutions, customs clearance and others.

    Conclusion

    With the growing e-commerce business, the logistics business is also showing its growth. At this point in time, the logistic business in India is enjoying full popularity and flourishing from every side. If anyone is looking to start with their own logistic business, they are in for a good show. With the current situation, it seems like the popularity of the logistic business will only grow in the future and it’s just a start.

    FAQs

    Is the logistics business profitable in India?

    Logistics businesses are seeming to increase in popularity with the increase of the e-commerce business and have now become a lucrative industry in India.

    How much the logistics business in India is worth?

    The logistics sector in India is currently worth $250 billion in 2021.

    Which is the No.1 Logistics company in India?

    Blue Dart is said to be the No.1 logistics company in India.

  • How E-commerce Companies Can Make Their Logistics More Efficient?

    This article is attributed to Prodipto Roy, Co-Founder, Quickshift.

    With technology evolving faster than ever in modern times, e-commerce is no different, changing invasively, striving to provide lightning-fast delivery and providing enhanced services to its clients. The market that was less than $1 trillion in 2011, grew to about $ 9.00 trillion in 2021, a volume of 22% being online purchases from the total retail sales, and expected to be over 50% by 2031. E-commerce has seen a growth trajectory of 13-17% during the pandemic and is sure to stay with continuing shopping trends.

    While Tech forms the platform for E-commerce, the foundation is largely based on efficient logistics. E-commerce companies are integrating effective strategies into their supply chains that can help them make promises that improve sales and create customer excitement. It helps in mitigating shipping delays and inefficiencies in order to provide better service, increased margins and customer satisfaction.

    What makes e-commerce logistics efficient?

    Technological advancements are required from order fulfilment to demand. The call of the hour is to have decentralised distribution and fulfilment centres, to meet growing order volumes, customer expectations and complexities in deliveries.

    Here are a few supply chain strategies for eCommerce companies:

    Implement information systems: By introducing warehouse management systems (WMS) companies can manage most of the activities that take place in a fulfilment warehouse. Products that traditionally sell out more rapidly can be stored in easily accessible warehouse locations, and employees can adapt to unexpected demand for certain models.

    Decide on the right third-party logistics and internal fulfilment: An easy way to cost reduction is outsourcing fulfilment costs to third-party logistics (3PL) provider. This eliminates huge infrastructure costs, workload and manpower management, and ongoing maintenance costs among others. Third-party providers will procure warehouse space, restock shipping supplies such as labels, cartons, and pallets, and handle overhead costs.

    Warehouse strategy: Warehouse costs are about 15-20% per order and an extensive study should be conducted to increase efficiency. Certain orders need specialized storage, like cold storage or climate control, approaching logistics from a warehouse strategy could provide better efficiency. Warehousing costs can be reduced by renting out local spaces.

    Voice-enabling Systems: This system uses voice direction for scans and key entry, which reduces the time employees spend reading devices, manipulating barcodes, and re-keying in data. Although this strategy incurs up-front costs, but voice-enabling can save 1 to 3 seconds per pick.

    Effective Training Programmes: It is not always possible for companies to invest in warehouse management systems. In such cases, companies can still reap benefits from effective manual labour training programmes, to help employees work safely and rapidly, by introducing simple technology that can make it easier to pick and pack. These small upgrades can lower costs per line, unit, and order.

    Using barcode and RFID: Companies can easily track goods in transit and collect data using barcode and RFID systems. Also, the pick and pack, return cycle, tagging and other processes can be handled more efficiently.

    Optimal use of warehouses: By using the existing warehouse facility to its full capacity, companies can increase worker productivity, and reduce inventory errors. Ways of doing so are utilizing every square inch of the capacity available, forming separate sections for goods coming in and going out, forming cross-sections, shortening aisle width, and stacking up vertically. This also reduces the pickup and processing time.

    Reduce delivery times: By shifting operations to decentralized locations, the companies can reduce delays caused due to geographic locations. This helps shipping faster and closer to the target market.

    Efficient supply chain vendors: Collaborate with vendors that have high standards of customer service, timely delivery, packaging and communication systems. This will ensure timely delivery and increase customer satisfaction.

    Quick transportation system: Inventory needs to move fast to give a good turnout. Having a transportation management system can tackle all the known complexities of routing deliveries. This type of software can figure out the best route and ensure that all stops are accounted for. This technology is also known for cutting costs.


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    What do efficient logistics systems look like?

    An efficient logistics process in a business offers unmistakable advantages. It streamlines operations, minimizes downtime, gets products from place to place quickly and adds tremendous overall value.

    Below are some main benefits of efficient logistics:

    Reduced costs: businesses are efficient because they trim wastage, overheads and extras in the process. More efficient transport routes offer reduced time and fuel costs, and efficient warehousing strategies allow you to fit more inventory into space and reduce your storage costs.

    Increased customer satisfaction: Increased logistics efficiency comes with improved fulfilment. customers who receive orders as promised are more likely to be pleased with the services and there is a higher retention rate. This helps you build a loyal customer base.

    Strong relation with suppliers: While onboarding, the suppliers are always keen to know whether you have the necessary infrastructure and systems necessary for their business and can deliver their products as promised or not. By exhibiting your command of logistics efficiency, you make yourself an appealing partner for suppliers and ensure a steady supply of quality products for your clients.

    Better industry reputation: Strong logistics efficiency manifests your overall reputation in your industry. E-commerce companies gain confidence with clients, become more attractive business partners and attract more qualified and capable employees.


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    Amazon is one of the top ecommerce store which is known for its complex yet efficient supply chain. Lets understand in detail the supply chain management of Amazon.


    Conclusion

    Logistics and e-commerce are two sides of the same coin and are inevitable to create a seamless and smooth shopping experience. The nexus with 3PL comes highly recommended for e-commerce businesses with complex supply chains. They have automation technology that helps you have a better outlook and take informative well-planned decisions, ensuring growth and higher productivity. Working with a 3PL saves complex engagements such as training, recruitment and development. Logistics are inevitable to any business.

  • Top 7 Best and Reliable Logistics for Your D2C E-commerce Brand

    E-Commerce is growing with immense speed and in order to keep up with the fulfilment of customers, requires logistics services. The E-commerce sector is worth USD 64 billion and is expanding at an annual 20% rate.

    Logistics partners play a very significant role in completing the whole E-commerce shopping procedure. Because logistics partners act as the actual driver in delivering the product to the consumer and also, it works as the definitive factor in the uplifting of D2C companies. They run the seamless process for purchasing in E-commerce companies.

    As the digital market is growing, numerous companies are providing logistics services to D2C E-commerce companies. Today, there are dozens of logistics services options and all competing to be the best.

    The logistics act as the third party in the D2C companies but the difference is, that they just deliver the product bought from the D2C E-Commerce website, to the customers. Partnership with logistics services offers great facilities such as faster delivery, 2-day shipping and covering all the other aspects. That’s why, in this article, we have discussed the top reliable companies for your D2C brand. Let’s get started!

    1. Shiprocket
    2. XPO Logistics
    3. Delhivery
    4. C.H. Robinson
    5. Blue Dart
    6. Ecom Express
    7. DHL

    1. Shiprocket

    Shiprocket Logo
    Shiprocket Logo

    For E-commerce retailers, it often becomes quite difficult to manage all the requirements of the logistics service provider. That’s why Shiprocket offers an integrated solution so that your all requirements get fulfilled.

    Shiprocket is a very promising Indian fulfilment company that offers tons of courier partners together to make logistics services convenient for online retailers. The company has over 17 Courier partners, as of today.

    Shiprocket provides remarkable logistics services at a very reasonable price, for 500 grams it charges Rs. 22. It delivers to more than 26,000 pin codes in over 220 countries across the world.

    2. XPO Logistics

    XPOLogistics Logo
    XPOLogistics Logo

    XPO Logistics is known as the second-largest contract logistics provider in the world. It facilitates all logistics services including outbound and inbound. Furthermore, XPO Logistics serves a huge range of industries with multiple modal shipment forwarding outcomes and an integrated technical outlet. XPO Logistics entirely depends on technology.

    It utilises artificial intelligence and machinery to improve its services. It uses robots and a computerized sortation system in enhancing delivery speeds and warehouse productivity.

    3. Delhivery

    Delhivery Logo
    Delhivery Logo

    The leading Indian logistics and supply chain management firm, Delhivery, established in 2011 is known for offering a great range of top-notch infrastructure, logistics and remarkable technological systems. Delhivery serves around 2,500 countries across the world.

    Delhivery provides logistics services such as same-day delivery, on request delivery, return services, express distribution, COD and others. It has over 75 fulfilment centres along with 24 computerized sortation centres, 1400+ delivery vehicles, 8000+ partner centres and 4000+ team partners.

    4. C.H. Robinson

    C.H. Robinson Logo
    C.H. Robinson Logo

    The company with the service of multimodal transportation, C.H. Robinson, also works as a third-party logistics provider. C.H. Robinson manages over 18 million shipments and USD 20 billion in freight per year.

    The company offers a great range of services that includes LTL freight choices, truckload, intermodal shipment, and trade obedience services. Moreover, it offers consultancy services that help its partners in optimizing the supply chain.

    5. Blue Dart

    Blue Dart Logo
    Blue Dart Logo

    Blue Dart is known as the most prestigious logistics firm in India. Blue Dart offers absolutely safe and reliable integrated logistics services for D2C E-commerce companies.

    Blue Dart serves over 35,000 locations across India and offers a great range of services including supply chain solutions, air express, custom clarity and shipment forwarding.

    Blue Dart prefers the most remarkable technology to enhance its supply chain management for E-commerce companies. It makes the delivery very quick and convenient to receive by the customers.

    6. Ecom Express

    EcomExpress Logo
    EcomExpress Logo

    Ecom Express is a logistics and distribution company that hasn’t been in the market for very long. It encompasses the expectations of industries and has gained remarkably good market share.

    Ecom Express is widely famous across India with distribution branches of over 2500 in more than 2400 cities as well as towns. It delivers at more than 25,000 Indian pin codes.

    Ecom Express offers a bunch of additional features such as an affectionate GPS enabled fleet, weight dimensions, first mile pickups, last-mile delivery and many others.

    7. DHL

    DHL Logo
    DHL Logo

    DHL is a distinguished global logistics company that serves more than 220 countries and territories across the world. DHL offers tons of logistics requirements such as transportation, integration, warehousing, and chain management.

    DHL works best for businesses located outside the United States. It provides simple and affordable shipping for E-commerce companies. Moreover, it also offers to consult for the companies as well as other customized services to help the E-commerce companies to grow extensively in the international market.

    Conclusion

    With the growing digital businesses, especially in India, therefore E-Commerce companies require specialized partnerships with the logistics service provider. Today, the market has dozens of companies and firms that provide streamlined delivery services to consumers. As there are numerous options, one gets to choose the right and affordable logistics services partner for their E-Commerce platform and facilitates the operations as well as order management.

    FAQs

    What are some of the best logistic services for D2C?

    DHL, Blue Dart, Delhivery, and C. H. Robinson are some of the best logistic services.

    How does the D2C supply chain work?

    D2C companies are companies that do not have middlemen in between they ship the product directly to the consumers.

  • Future Group – Creating And Executing Future Scenarios In The Consumption Space

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Future Group.

    Supermarkets in India are unusual in various aspects, owing mostly to the range of customers and, as a result, the retail sector’s different distribution strategies. The food business in India works throughout channels, from mom-and-pop shops to major supermarkets to online grocery stores.

    We all have heard about the Big Bazar, one of the largest Indian retail chains of hypermarkets. All groceries, food, clothing, and retail stores are united underneath one rooftop. The retail chain of the company was founded by Kishore Biyani’s parent firm, Future Group, which is well-known in the Indian fashion and retail sectors.

    Kishore Biyani founded the Future Group, an Indian firm headquartered in Mumbai, Maharashtra. With prominent grocery chains like Big Bazaar, as well as lifestyle outlets like Brand Factory and Central, the firm is well-known in the Indian fashion and retail industries.

    Future Group – Company Highlights

    Startup Name Future Group
    Headquarters Mumbai, Maharashtra, India
    Industry Conglomerate
    Founders Kishore Biyani
    Founded 1987
    Products/Services Retailing, Insurance, Logistics, Integrated foods, FMCG
    Website www.futuregroup.in

    About Future Group and How it Works?
    Future Group – Industry
    Future Group – Name, Logo, and Tagline
    Future Group – Founders
    Future Group – Startup Story
    Future Group – Mission, and Vision
    Future Group – Operations, and Subsidiaries
    Future Group – Business Model
    Future Group – Joint Ventures
    Future Group – Competitors
    Future Group – Controversies

    About Future Group and How it Works?

    Future Group, an Indian conglomerate, is well-known in the Indian fashion industries and retail, including prominent supermarket chains such as Big Bazaar, as well as lifestyle boutiques such as Brand Factory. The company is also well-known in the FMGC and integrated foods production industries.

    Future Group is a business conglomerate that manages practically all of its operations through its several operational entities depending on target industries. For instance, its retail business segment, Future Retail Limited, operates retail hypermarket or supermarket chains Big Bazaar (now owned by Reliance), FBB, Food Hall, Food Bazaar, Hometown, and others, while its clothing and fashion outlets Central, Brand Factory, and Planet Sports are run by another one of its business units, Future Lifestyle Fashions Limited. Furniture is sold at HomeTown stores around the country as well as digitally.

    The Future Group also advertises its style and sporting brands such as Indigo Nation, Lombard, Spalding Bare, and FMCGs such as  Clean Mate, Tasty Treat,  Fresh, Ektaa, & Pure, Sach, Premium Harvest, and others through these numerous retail boutiques and supermarkets. It has operational firms that handle internal financial concerns and consultancy for the rest of the company.

    Future Group – Industry

    Future Group is a conglomerate or a multi-industry company.

    Retail:

    The retail industry in India is expected to increase to $1.5 trillion by 2030, up from $0.793 trillion in 2020, due to social-economic reasons such as industrialization, rising incomes, urbanization, and the expansion of nuclear families. The Indian e-commerce market, on the other hand, is anticipated to reach $350 billion by 2030, with a CAGR of 23%.

    Financial Services:

    India’s financial industry is broad and quickly increasing, both in terms of new entrants and the robust expansion of current financial services organisations.

    The industry includes commercial banks, insurance companies, co-operatives, pension funds, mutual funds, and other smaller investment companies. The banking regulator has recently approved the establishment of new firms, such as payment banks, extending the sorts of entities that operate in the market. Nonetheless, India’s financial business is predominantly a banking sector, with commercial banks accounting for about 64% of the total capital in the financial system.


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    Future Group – Name, Logo, and Tagline

    Company Logo of Future Group
    Company Logo of Future Group

    According to the Future Group’s website, more than two million people visit their digital networks and stores every day to explore their product brands and collaborate with them in procuring, producing, and transporting items that meet the requirements and ambitions of a newer or future India. This is where their name is derived from.

    Future Group’s tagline says, “Shaping India’s consumption journey.”

    Future Group – Founders

    Kishore Biyani founded the Future Group in 1987.

    Kishore Biyani - Founder of Future Group
    Kishore Biyani – Founder of Future Group

    Kishore  Biyani

    Kishore Biyani, began his career selling stone-wash denim fabric in Mumbai in the 1980s. He is the CEO and creator of Future Group, as well as Big Bazaar and Pantaloon Retail, two retail firms. His ambition was to make something that only the wealthy could purchase available to everyone.

    He planned to develop his own brands and commerce channels, and spend extensively on building the country’s top consuming ecology in the near future. Along the way, he invested in and mentored a number of other entrepreneurs and companies. He exemplifies the company’s motto, ‘Rewrite Rules, Retain Values,’ and believes Indianness to be the organization’s fundamental value.

    Future Group – Startup Story

    Kishore Biyani, the founder of Future Group, started working at his father’s, brothers’, and two elder cousins’ fabric-trading firm, “Bansi Silk Mills,” but was disillusioned and dissatisfied with the way they operated the company. Kishore noted that several of his friends used to wear “stonewashed” cloth pants at that time.

    His first entrepreneurial breakthrough came when he discovered a local fabric producer who specialised in that type of cloth and marketed it to garment manufacturers and distributors in the city. In 1983, he established his own company, ordering the production of attractive cloth for sale to garment makers.

    Pants were once known as “Patloon” in Hindi, from which they derived their brand name Pantaloon. Kishore later founded the Future Group to give his “Pantaloon” brand a new dynamic. Using a franchise concept, he developed the “Pantaloon” brand into retail. Afterwards, when, in 2001, the basis for Big Bazaar was established,  Future Group added a slew of new brands, including Home Town, Ezone, Factory, Food Bazaar, Central, and Fashion at Big Bazaar.

    Kishore listed 60 percent of his firm on the Indian stock market to acquire funding for retail upgrades, development, and advertising in 1992. By 1994, the Pantaloon franchise company had grossed 9 million rupees.

    Biyani built his debut department store in Kolkata in August 1997, first renting and remodelling a 10,000 square foot space. This retail chain was much more than double the size of any other in Calcutta, and within three weeks, he opened 2 more such market stores. In 2001, he expanded his success by creating a network of retail establishments under the Big Bazaar nameplate. There were more than 100 Big Bazaar outlets around the country by 2009.

    The Big Bazaar shops were purposefully built to seem chaotic, similar to the classic market stalls that his consumers were already used to. The Big Bazaar shops serve over two million consumers every week, while Pantaloon Retail employs over 30,000 people and has over 12 million square feet of retail space spread over 1100 locations in 75 cities. Every year, more than 300 million people, or one-fourth of the public, visit or return to the Big Bazaar outlets.

    Future Group – Mission, and Vision

    Future Group’s mission statement says, ” We share the vision that our customers and stakeholders are best served by creating and executing future scenarios in the consumption space leading to economic development.

    We will be the trendsetters in evolving consumer brands and delivery formats and by making consumption affordable for all customer segments. We shall infuse Indian brands with confidence and renewed ambition. We shall be efficient, cost-conscious and committed to quality in whatever we do.

    We shall ensure that our positive attitude, sincerity, humility and united determination shall be the driving force to make us successful.”

    The organisation shares the vision and belief that the best way to serve its customers and stakeholders is to create and implement future consumption scenarios that contribute to economic progress.

    Future Group – Operations, and Subsidiaries

    Financial Services:

    • Future Ventures
    • Future Generali India Life Insurance
    • Future Capital Holdings (for internal financial services)
    • Future Generali General Insurance

    Retail:

    • Future Lifestyle Fashion Ltd
    • Swathi Tiffin Shop
    • Future Retail Ltd
    • Future Enterprises Limited
    • Foodhall
    • Future Consumer Limited

    Other Services:

    • Future Brands
    • Future Innoversity
    • Future Supply Chains

    Future Group – Business Model

    Being in the industry of multi-brand retailing commerce is the company’s primary focus. There are roughly 20 small hypermarket easyday outlets and over 210 supermarket easyday stores available to the organisation.

    Value business and home business are the two most common retail models. Food Bazaar, a supermarket;  Big Bazaar, a hypermarket; Food Hall, a supermarket;  FBB, a fashion destination; and Easyday convenience stores, are all part of the company’s revenue operation. eZone, a consumer durables and electronics chain and Hometown, a one-stop shop for home renovation, are two of the company’s home businesses.


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    Future Group – Joint Ventures

    Generali Group

    Italy-based Generali is an insurance firm that operates in India under the Future Generali Insurance brand.   In India, Future Generali is represented by two legal entities: Generali India Insurance Co. Ltd. (Non-Life Insurance) and  Generali India Life Insurance Co. Ltd. (Life Insurance).

    Celio

    Celio, a French fashion house, first entered the Indian market in 2008 in a 50:50 joint venture with Pantaloons Retail India Ltd, a subsidiary of Future Group (now Future Retail Ltd). Celio increased its interest in the joint venture to 65 percent in November 2013.

    Clark

    C&J Clark International Ltd. is accessories and footwear retailer established in the United Kingdom. The Future Group and Clarks Future Footwear Ltd have a 50:50 joint venture.

    Staples Inc

    Under a joint venture with Future Group, Staples Inc., a US-based office supplies store, has a presence in over nine cities in India.

    FabFurnish

    FabFurnish joined a Future Group company in April 2016.

    Skechers

    In 2012, Skechers entered India with a joint venture with Future Group. Skechers bought out Future Group’s 49 percent ownership in February 2019, bringing the joint venture to a close.

    Future Group – Competitors

    DMart, More, Spencer’s Retail Limited, Bigbasket, Reliance Retail, Star Market, Nature’s Basket, Mahindra, Hypercity, and Peppertap are the top ten competitors in Future Group’s competitive group.

    Future Group – Controversies

    • Future Group and its founder Kishore Biyani are accused by the Jeff Bezos-led e-tailer of disobeying an interim decision issued by a Singapore arbitration court in October, which blocked the asset sale. Amazon has also urged an Indian court to imprison Biyani and has requested local regulators not to accept the Future-Reliance agreement while the arbitration is still ongoing. Amazon charged Future Group of violating provisions of a mutual agreement by publicizing an asset sale transaction with Reliance, the conglomerate led by Mukesh Ambani, in early October 2021.
    • Drowning in debt, Future Retail Ltd (FRL) announced in April 2022 that it has missed the deadline for repaying lenders Rs 5,322.32 crore due to continuing lawsuits with e-commerce giant Amazon and other concerns. This pushed Reliance Industries’ retail arm, Reliance Retail Ventures, to seek an amendment of the agreement’s long-stop date in order to complete the agreement with the Future Group.
    • The halt on the arbitral process between Amazon and Future Group before the Singapore International Arbitration Centre was removed by the Supreme Court of India in April 2022. Future Retail’s request for a stay of proceedings before SIAC will also be heard on a priority basis, according to the Bench. According to the Supreme Court’s judgement, the interim motion will be sent to the Delhi High Court, where proceedings have already commenced, as agreed by both companies.

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    Future Group – FAQs

    What does Future Group do?

    With prominent grocery chains like Big Bazaar, as well as lifestyle outlets like Brand Factory and Central, the firm is well-known in the Indian fashion and retail industries.

    Who founded Future Group?

    Future Group was founded by Kishore Biyani.

    Which companies do Future Group compete with?

    DMart, More, Spencer’s Retail Limited, Bigbasket, Reliance Retail, Star Market, Nature’s Basket, Mahindra, Hypercity, and Peppertap are the top ten competitors in Future Group’s competitive group.

  • List of All the Subsidiaries of Mahindra Group

    Mahindra Group is one of the most well-known Indian conglomerate company that has its headquarters based in Mumbai, Maharashtra. The company originally called as Muhammad and Mahindra and was established in 1945 by the brothers J.C Mahindra, K.C Mahindra and Malik Ghulam Muhammad. The conglomerate is considered to be one of the well-known reputable Indian industrial company and is also a leader in manufacturing utility vehicles including tractors in India.

    The company enjoys a strong presence in sectors of real estate, agribusiness, aerospace, commercial vehicles, logistics, real estate, renewable energy, etc. Mahindra employees more than 2,40,000 people across 100 different countries.

    Mahindra group started its operation in the steel business, but has now expanded to 22 industries such as aerospace, agribusiness, aftermarket, automotive, construction equipment, defence, energy, farm equipment, finance, insurance, industrial equipment, information technology, leisure, logistics, retail, education, hospitality, etc in 2020.

    The CEO of Mahindra group is Anand Mahindra. The Mahindra Group has a $20.7 billion dollar federation of companies that aims in enabling people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities around the world.

    The vision of the company is to empower enterprise everywhere and help in the growth of mobility, rural prosperity, IT, financial services, clean energy and business productivity.

    In India, the company is very popular for their innovative IT solutions and reliable yet affordable automobiles. The company is so far successful because of its subsidiaries such as Club Mahindra Holidays, Mahindra Aerospace, Mahindra, Logistics Limited, Mahindra Lifespace Developers, Mahindra Electric Mobility Limited, Tech Mahindra, Mahindra & Mahindra Financial Services Limited and Mahindra & Mahindra Limited among others.

    A Brief History of the Mahindra Group
    List of Mahindra Group Subsidiaries

    1. Mahindra & Mahindra Limited
    2. Mahindra Finance
    3. Tech Mahindra
    4. Mahindra Electric Mobility Limited
    5. Mahindra Logistics Limited
    6. Mahindra Lifespace Developers Limited
    7. Mahindra Aerospace
    8. Mahindra Holiday and Resorts India limited

    A Brief History of the Mahindra Group

    Mahindra Group started out as steel trading company more than seven decades ago, now it is a global brand spanning in various industries in more than 100 countries. Earlier known as Muhammad and Mahindra, the company was established in 1945 as a steel trading company by the brothers J.C Mahindra and Kailash Chandra Mahindra and Malik Ghulam Muhammad.

    Post the partition of India in 1947, Malik Ghulam left the company and the country to immigrate to Pakistan where he became the first finance minister. This is why K.C Mahindra changed the name of the company to Mahindra & Mahindra in 1948. The company became a leader in the steel industry as also began trading steel with UK suppliers. It also was the company that began manufacturing Willys Jeeps in India in 1947.

    It wasn’t until 1956, that the company got listed on Bombay stock exchange, by 1969 the company had entered international markets as an exporter of utility vehicles. Mahindra started its tractor division in 1982 and a tech division (now known as Tech Mahindra) in 1986. When Mahindra group became really big and got into many sectors in 1994, the company had to reorganize, dividing it into six business units like automotive , farm equipment, infrastructure, trade and financial services, IT and Automotive components.

    Mahindra & Mahindra is currently one of the largest companies in India, as it was also ranked the top 200 most reputable companies in the world by Forbes in 2009. The Mahindra group then went on launch Mahindra rise a new corporate brand in 2011, in order to unite the company’s image across all industries and countries. Mahindra group entered the two wheeler market by taking over Kinetic motors in India.

    In 2011, Mahindra brought a huge stake in the REVA Electric Car Company, the same year the company also acquired SsangYong Motors which is a South Korean company. From then onwards, the company started acquiring international companies like Peugeot Motorcycles and even Pininfarina Spa (an Italian car designer), Hisarlar (a farm equipment company), Erkunt tractors Sanayi (Turkish tractor maker), among others. This is how the Indian conglomerate paved its way to become a global powerhouse.

    The history of Mahindra group

    List of Mahindra Group Subsidiaries

    Here are listed all the Mahindra Group Companies.

    Mahindra & Mahindra Limited

    Founded: 1945

    Mahindra Group Limited
    Mahindra Group Limited

    It is the flagship company of Mahindra group which is also a multinational automotive manufacturing corporation. Mahindra and Mahindra Ltd. is headquartered in Mumbai, Maharashtra and has more than 17,577 employees from over 100 countries across the globe. It is also one of the largest manufacturers of vehicles in India and the largest manufactures of tractors in the world.

    Mahindra & Mahindra popular cars
    Mahindra & Mahindra popular cars

    Mahindra is known for its commercial vehicles, tractors, two wheelers and even construction equipment. In 2018, the company was ranked 17th in the top companies list in India by Fortune India 500. This company was started by K.C Mahindra after he was inspired by a jeep invented by Barney Roos, which he saw during a trip to America as Chairman of the India Supple Mission. The main competitors of Mahindra and Mahindra in India are:

    The company has been so successful because of its subsidiaries which manufacture and market a wide range of utility vehicles. Mahindra & Mahindra also provides farm equipment services, steel trading, processing services, financial services, infrastructure development, hospitality services, information technology services, systech among numerous others.


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    Mahindra Finance

    Founded: 1991

    Mahindra Finance - Mahindra & Mahindra Subsidiaries
    Mahindra Finance – Mahindra & Mahindra Subsidiaries

    Mahindra Finance is one the top tractor financers in the country as it provides various different financial products to its customers. The company so far has over 4.7 million customers and more than 1200 offices which is spread all across the country.

    Mahindra Finance started its first branch in Jaipur in 1995 and began financing non Mahindra vehicles in 2002 and then went on to finance commercial vehicles and construction equipment in 2009.

    The vision of Mahindra finance is to provide financial services in semi urban and rural India, as well as transform rural lives and drive positive change in the communities. This is why the company has one branch within the reach of every two villages in India.

    The product portfolio of Mahindra finance includes vehicle finance for passenger vehicles, utility vehicles, tractors, commercial vehicles, construction equipment’s, etc.

    It also provides SME finance which includes project finance, equipment finance, working capital finance. Mahindra finance is also known for its mutual fund distribution, fixed deposits and personal loans that are tailored as per the customer’s needs. So far the company has over 33,000 employees and is present in all the states of India, with a footprint in 85% of its districts.

    Mahindra Finance has brought about a positive change by using its subsidiaries like Mahindra Insurance Brokers Limited and Mahindra Rural Housing Finance to cater to the financial needs of millions of its customers in both rural and semi urban regions of the country. The company has a connection with its customers as, it provides them with evolving needs.


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    Tech Mahindra

    Founded: 1986

    Tech Mahindra - Mahindra & Mahindra Subsidiaries
    Tech Mahindra – Mahindra & Mahindra Subsidiaries

    Tech Mahindra is an Indian tech company which is also one of the main subsidiary of Mahindra group, headquartered in Pune, Maharashtra. The company provides services like Information Technology (IT) and Business Process Outsourcing (BPO). The annual revenue of Tech Mahindra in 2020 was $5.2 billion, it has more than 125, 236 employees spanning across 90 countries.

    Tech Mahindra has more than 988 global customers and was also listed under the Fortune 500 companies list in 2019. Currently, the company has over 973 active clients. The company provides innovative and customer centric experiences enabling enterprise, associates and the society to grow. Tech Mahindra was created after Mahindra & Mahindra started its joint venture with the British Telecom in 1986 as technological outsourcing firm.

    Tech Mahindra is also known to be the fastest growing brands and amongst the top 15 IT service providers globally. It aims to provide its global customers with next generation technologies including 5G, Blockchain, cyber security, AI and much more in order to help in digital transformation. In 2020, Tech Mahindra also got in the list of India’s 50 best companies to work according to the Great Place to Work.

    Mahindra Electric Mobility Limited

    Founded: 1994

    Mahindra Electric - Mahindra & Mahindra Subsidiaries
    Mahindra Electric – Mahindra & Mahindra Subsidiaries

    Mahindra Electric Mobility Limited was initially called as the Reva Electric Car Company before it was acquired by Mahindra & Mahindra in 2010.

    The company has its headquarters in Bengaluru, Karnataka and is known to be a pioneer for designing and manufacturing electric vehicles in India. MEML’s first electric car REVAi was one of the most popular and affordable electric car available 26 countries in over 4000 different variations.

    The company is also the first Indian car manufacturer that has travelled more than 170 million ekilometres on its fleet. The Reva electric car company (REVA an acronym for revolutionary electric vehicle alternative) was founded by Chetan Maini in 1994 as a joint venture between the Maini Group and Amerigon Electric Vehicle technologies.

    The company has a wide variety of electric vehicles such as the electric sedan eVerito, the electric commercial vehicle, eSupro a van for passenger & cargo and lastly the Treo range of three-wheelers powered by lithium and ion battery. The aim of the company is to develop and produce more affordable electric vehicles for personal and commercial segments.

    The future of mobility in India

    Mahindra Logistics Limited

    Founded: 2000

    Mahindra Logistics - Mahindra & Mahindra Subsidiaries
    Mahindra Logistics – Mahindra & Mahindra Subsidiaries

    Mahindra Logistics Limited is another subsidiary of Mahindra group that is a leader in the sector of integrated third party logistics service, supply chain management and enterprise mobility solutions. The company was founded more than a decade ago and aims to continue providing customized, innovative and technology enabled solutions to its clients across different industries.

    So far, the company has over 500 customers across sectors like automotive, engineering, consumer’s goods, pharmaceuticals, telecom, ecommerce, bulk, banking, IT, financial services, insurance, etc. It has provided transportation services for 1,00,000 plus kilometers per month and has an experienced team with strong domain knowledge.

    Mahindra Logistics offers customization and end to end logistics services and solutions, right from distribution, warehousing, in factory logistics and value added services to their customers. The aim of the company is to make the logistic process from origin to end customer easier, affordable, efficient and reliable, with shortened delivery times and better provide customer satisfaction.


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    Mahindra Lifespace Developers Limited

    Founded: 1994

    Mahindra Lifespaces - Mahindra & Mahindra Subsidiaries
    Mahindra Lifespaces – Mahindra & Mahindra Subsidiaries

    Mahindra Lifespaces is a leading real estate development company in India, which is headquartered in Mumbai, Maharashtra. The company was founded in 1994 and has so far created innovative projects and designed living spaces throughout the country. The company is also a pioneer in sustainable urbanization, as it aims to provide responsible, green design and development options to its clients.

    Mahindra Lifespace has developed well known projects in metropolitan cities like Mumbai, Pune, Nagpur, Ahmedabad, Delhi, Jaipur, Hyderabad, Chennai, and Bengaluru. The company has so far completed residential projects of about 17.81 million sq. ft. and is working on upcoming residential projects of 7.9 million sq. ft.

    It also has over 5000 acres of ongoing and upcoming projects under development at its integrated industrial clusters in 4 different locations. In 2019, Mahindra Lifespaces was ranked 17th among India’s Great Mid-Size Workplaces, by the Great Place To Work Institute.

    Mahindra Aerospace

    Founded: 2003

    Mahindra Aerospace - Mahindra & Mahindra Subsidiaries
    Mahindra Aerospace – Mahindra & Mahindra Subsidiaries

    Another subsidiary that is a leader in its sector is the Mahindra Aerospace. This Indian aerospace company is the first ever private firm that manufactures civil aircrafts for Indian Aviation market. The company is an AS9100 Rev D certified design organization and has also developed a NAL NM5 light aircraft along with National aerospace laboratories.

    The company has manufacturing plants in Latrobe regional airport in Victoria, Australia and Narsapura Industrial Area in Karnataka, India. The Aeros-structure business of Mahindra aerospace is known for providing sheet metal parts and assemblies for major global aerospace and defence companies. It provides more than 350 plus programs in over 9 countries.

    Mahindra aerospace has acquired stake in international aircraft manufacturers like GippsAero, Aerostaff Australia in 2009 and Australian Boeing unit in 2010. The company has also used its planes as an air ambulance, rescuing animals and putting out wildfires in the times of need.

    Mahindra Holiday and Resorts India limited

    Founded: 1996

    Mahindra holiday and resorts - Mahindra & Mahindra Subsidiaries
    Mahindra holiday and resorts – Mahindra & Mahindra Subsidiaries

    MHRIL is a part of the leisure and hospitality sector of the Mahindra group that was founded in 1996. Mahindra holiday and resorts offers family holiday packages mainly through vacation ownership memberships for over a period of 10 to 25 years. The main offering of the company is the Club Mahindra holidays which is its most popular flagship brand.

    The Club Mahindra has more than 260,000 members, with a 100 plus resorts in India and 4,500 affiliated RCI resorts all over the world. The company is also known to be the world largest vacation ownership brand outside America.


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    Conclusion

    The company aims in enabling people to rise through innovative mobility solutions, driving rural prosperity, nurturing new businesses and fostering communities around the world. Mahindra is so successful and will continue to grow because of its numerous subsidiaries. Mahindra is also a leader in as many as 22 sectors with an annual revenue $13 billion dollar.

    Frequently Asked Questions

    What does Mahindra group do?

    Mahindra Group is a billion-dollar global enterprise that has business in sectors such as aerospace, agribusiness, aftermarket, automotive, construction equipment, defence, and more.

    What are the subsidiaries of Mahindra Group?

    The list of Mahindra group subsidiaries are:

    • Mahindra & Mahindra Limited
    • Mahindra Lifespace Developers Limited
    • Mahindra Financial Services Limited
    • Mahindra Holiday and Resorts India Limited
    • Mahindra Aerospace
    • Mahindra Logistics Limited
    • Mahindra Electric Mobility Limited
    • Tech Mahindra

    Who is the CEO of Mahindra group?

    Dr. Anish Shah is the CEO of Mahindra Group.

    Where is the headquarters of Mahindra Group?

    The headquarters of Mahindra Group is in Mumbai, Maharashtra.

    What is the net worth of Anand Mahindra?

    The net worth of Anand Mahindra is $170 Crores.

    Who is the CEO of Tech Mahindra?

    CP Gurnani is the CEO of Tech Mahindra.

    How many companies are there under Mahindra Group?

    There are 150 companies having global presence in 23 industries under Mahindra Group.

    How many employees are there in Mahindra Group?

    There are over 250,000 employees in Mahindra Group.

  • Smartr Logistics: Express Delivery Solution for All Logistical Requirements

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Smartr Logistics.

    The size of the Indian logistics market is estimated to grow by 380-400Bn+ by 2025. With the upsurge of technological advancements, logistics startups are also growing their business manifold. As the market is growing, from logistics to e-commerce, the competition has become tough to deliver the customers expectations. Statistics from various sources show that over 60% of customers expect low cost yet fastest delivery.

    Fastest delivery has become the logistics trends these days. Smartr Logistics is a mumbai based startup that provides express inter-state delivery.

    Read to know about Smartr Logistics, founder, startup story, services offered, and more.

    Smartr Logistics – Company Highlights

    Startup Name Smartr Logistics
    Headquarters Mumbai, Maharashtra
    Industry Transport & Logistics
    Founder Yogesh Dhingra
    Founded 2021
    Total Funding Raised INR 100 crores
    Website smartr.in

    Smartr Logistics – About
    Smartr Logistics – Industry
    Smartr Logistics – Founders and Team
    Smartr Logistics – The Idea and Startup Story
    Smartr Logistics – Name, Tagline, and Logo
    Smartr Logistics – Services
    Smartr Logistics – Startup Launch
    Smartr Logistics – Challenges Faced
    Smartr Logistics – Growth
    Smartr Logistics – Funding
    Smartr Logistics – Competitors
    Smartr Logistics – Achievements
    Smartr Logistics – Future Plans

    Smartr Logistics – About

    Smartr Logistics (a trademark of Smart Express Pvt. Ltd.) is an express logistics startup that provides a one-stop solution for all logistical requirements. The company aims to provide best-in-class logistical services customized to the needs of the customers. The company wants to break the prevalent myth in the logistics industry that “Quality service comes at a high price”.

    Promoted by Mr. Yogesh Dhingra, ex-CFO, COO & CSO of Blue Dart, Smartr Logistics was established by passionate business veterans with a combined experience of over 200 years in the logistics industry. Considering their expertise in the industry, the Smartr Logistics team believes that the start-up has the capacity to reimagine the Indian logistics industry thriving on contemporary technology providing unique solutions in the post-pandemic era.

    Smartr Logistics is one of the few players that secured a seed fund of INR 100 crores from the get-go and is determined to establish itself as an industry leader in the coming years.

    Smartr Logistics – Industry

    Currently, the Indian logistics sector is valued at USD 250-300 billion. The industry is estimated to grow anywhere between 12-15% CAGR to reach USD 380-400Bn+ by 2025.

    Smartr logistics aims to be a leading state-of-the-art Indian logistics enterprise venturing into the Air and Surface logistics as well as 3PL, warehousing and fulfilment centres. They are confident that their services will win the trust of customers and partners alike reaching new milestones along the way.

    Smartr Logistics – Founders and Team

    Yogesh Dhingra is the founder of Smartr Logistics and Arun Nangpal, M.D. Bassapa, Nikhil Kumar Saxena, Utkarsh Sharma are the co-founders.

    Yogesh Dhingra acquainted a few talented and curious individuals in his career. They have worked together to grow their previous organizations together. They have started Smartr Logistics with a common goal in mind – quality services at the right price.

    With the support of the co-founders Smartr Logistics was smoothly set up.

    Smartr Logistics Team
    Smartr Logistics Team

    Arun Nangpal, the Chief Human Resource Officer and Chief Customer Experience Officer brings her experience of over 30 years of expertise to the Smartr Logistics team. She is a recipient of several awards like Best Customer Feedback Strategy of the Year’ (2013), by Franchise India, Best Customer Service Professional of the Year’ by National Quality Excellence Awards 2012 among a few. Such rich and well-rounded professional experiences make Arun a formidable force to reckon with.

    M.D. Bassapa, the Chief Financial Officer, Head of Procurement & Real Estate is certainly the dynamic force that gives the team a driving spirit. He is a valuable industry veteran with over three decades of experience. At Smartr Logistics he will lead the development and implementation of various financial and business systems and processes.

    Nikhil Saxena, the Chief Operating Officer and Head of Security, is an esteemed industry veteran with 35 years of experience. He has been a mentor, a leader, and a visionary. At Smartr Logistics, his incredible business insight and expertise in the first mile, mid mile, and last mile of the operations gives their products and services a competitive edge.

    Utkarsh Sharma, Dy. Chief Revenue Officer (North) is an industry elite with 29 years of experience Over the years, he has built his teams with discernment and precision. An integral part of the Smartr Logistics team, his preoccupation with sales management & customer-centricity has resulted in significant revenue growth and sales.

    In just four months of commencing operations, the company has onboarded 600+ employees and plans to expand more.

    They are committed to keeping their employees happy and wanting to contribute to their journey. At Smartr Logistics, they offered ESOPs not just to the top management, but to the first cohort of employees (over 100 employees) who were hired. They want to give talented individuals a chance to create their wealth and grow along with the company. They won’t leave anyone behind.

    Smartr Logistics – The Idea and Startup Story

    Yogesh Dhingra entered the logistics industry by joining Blue Dart at a young age. He gained immense experience and knowledge while supporting the founders by helping them grow the company to a market-leading position that it is today. It was a gratifying experience to bring together two household names – DHL and Blue Dart, together and strengthen the position of Blue Dart Aviation in the logistics industry.

    He was involved in a much broader spectrum of the logistics & warehousing business; whether it be operations, service quality, security, IT, finance, strategy, or investor relations, He contributed to every segment that needed attention and expertise.

    A hands-on experience while managing the ups & downs as a CFO at some of the world’s iconic logistics brands, cemented my vision of doing things more effectively. That’s when he knew he could do more, offer quality services and provide meaningful employment and wealth creation opportunities to the community in my own way.

    Years of working in the logistics industry allowed me to have a broader view of what a new age customer would want. He wanted to bridge the gap between customer needs and quality services. With like-minded colleagues and business leaders, he started Smartr Logistics to address those needs and provide unique solutions to real problems.

    The team behind Smart Express consists of a set of passionate industry veterans with expertise and valuable insight that drives their business smoothly. Their foundation is based on strong business capability and foresight.

    Smartr Logistics Logo
    Smartr Logistics Logo

    Echoing the brand name – “Smartr Logistics”,  the logo reflects a modern design inspired by the company’s mission to emerge as a tech-enabled multi-modal logistics network.

    The logo is made of elements depicting technology & hardware to emphasize the importance of contemporary and new-age tech across all aspects of their company. The visual identity also symbolizes the connection outlining the chain of trust and reliability in the process.

    Their taglines showcase the unique features of the product range.

    “Never Lose track”, emphasize real-time end-to-end tracking of shipment for customers and “Choose Smartr, Move Smarter”, to simply appeal to their potential customers and stakeholders. They are paving the path for next-gen high-quality logistical services.

    Smartr Logistics – Services

    Smartr Logistics launched its first set of offerings – the Air Express service called Aerex.

    Aerex Prime, Aerex Kargo and Aerex eComm and Intracity are the services a customer can choose from depending on their requirements. These services are designed to cater to multiple requirements ranging from delivering simple items such as gifts or documents to heavy and valuable cargo. They have also started a premium same-day interstate delivery service for select customers.

    The unique features and USPs of these services differentiate Smartr Logistics from competitors. Apart from customization, speed, and technology; they consider customer care, transparent and real-time tracking, multiple delivery destinations, digital payment methods as their number one priority. To be on top of the game, they have a 24×7 customer support team available on call.

    They believe in transparency and want customers and stakeholders to have full faith in them. Their pricing structure is simple and transparent, and customers pay only for the services used.

    In just a few months, Smartr Logistics has expanded its operations to over 45 cities, reaching customers across India. Their goal is to create a strong network to help their customers and enable ease of doing business for India’s big and small businesses.

    Additionally, the start-up has a strategic roadmap to launch an array of services including International Express/Freight, Surface Express, LTL/FTL and supply chain solutions (3PL) to support warehousing for B2B and fulfilment centres for B2C e-commerce.


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    Smartr Logistics – Startup Launch

    They launched Smartr Logistics with over 65 service centres in 34 cities across India. Needless to say, the first three months were dedicated to intense research & development. We went all out hiring the right talent, setting up offices, selecting their locations, mapping their network throughout the country – all in the middle of a global pandemic.

    They also had numerous brainstorming sessions to create and come up with “Smartr Logistics” creating a brand strategy that aligned with their common vision. Although we did not start in a garage or a backyard, the collective expertise of all the team members and founders involved, led to a stable and impactful unveiling of Smartr Logistics. They are everywhere since the inception of the company.

    While they are not even a year old – Smartr Logistics has been addressing the gap between customer expectations and the services provided. They are already formulating new products, parallelly understanding the dynamics and requirements of the new – post-pandemic world.

    Their services promise to close the gap as much as possible. Speedy delivery is their priority. They have already achieved same-day delivery for a route that would take a day at least for an average logistics provider.

    They thrive on delivering excellent services in a transparent manner.

    Smartr Logistics – Challenges Faced

    Smartr Logistics was established to solve contemporary logistics challenges. The pandemic and the restrictions that came along with it threw in many curve balls and challenges, specifically for the logistics industry. As a new-age company, they have leveraged the opportunity to be tech-enabled and digitally advanced. Dynamics have changed and a new era has emerged, hence, we are on top of their game to deliver high-quality services, every time.

    They launched their operations amid global lockdowns and heavy restrictions. The biggest challenge was hiring new talent across cities. With the connections and referrals of the co-founders, they hired 500 trusted employees in a span of four months.

    That’s how they commenced operations and opened offices in 34 cities.

    Smartr Logistics – Growth

    Currently, their network covers 2000 pin codes in 45 cities with over 75 service centres. Their customer database grew invariably during the second lockdown, and they serviced businesses in various segments from B2B to B2C/ E-comm, BFSI and more.

    With improving situations and lesser restrictions, Smartr Logistics continues to grow rapidly at 75 to 100 per cent month-on-month will expand. In the coming months, they will be covering over 6000 pin codes in 150 cities.

    Smartr Logistics – Funding

    Date Stage Amount Investors
    June 2021 Seed INR 100 Crores IIFL India Private Equity Fund and Smiti Holding & Trading Company (Jalaj Dani family office)/ Yogesh Dhingra, Founder, MD & CEO, Smart Express

    Smartr Logistics – Competitors

    They are aware that there are many players, big & small in this industry. Organized players Blue Dart, Delhivery, DTDC, EcommExpress, Xpressbees, Shree Maruti Courier, TrackOn, Professional Couriers. In e-commerce, we have competition from ATS and Ekart. Apart from these, there are a lot of regional and unorganized players in the industry.

    Their dynamic technology and simplified digital processes differentiate them from their competitors. They will continuously improve their products and services to deliver the best results, every time.


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    Smartr Logistics – Achievements

    Their biggest achievement has to be the same-day interstate express delivery. It is a milestone for Smartr Logistics. The accomplishment is a first in India’s express logistics industry, and we are determined to surpass customer expectations in the future as well.

    Smartr Logistics – Future Plans

    As a new age logistical company, they strive to improve every day in order to fulfil customer, stakeholders, and employee expectations.

    For that purpose, they started with pan-India operations and plan to further expand their network and outreach. They are also working towards an international collaboration to commence reliable overseas express delivery.

    Additionally, in the next six months, Smartr Logistics will venture into hyperlocal surface logistics that will increase their flexibility and subsequently start with 3PL, warehousing and fulfilment centres.

    In a year, Smartr Logistics will be one of India’s leading logistical providers.

    FAQs

    Who is the founder of Smartr Logistics?

    Yogesh Dhingra is the founder of Smartr Logistics and Arun Nangpal, M.D. Bassapa, Nikhil Kumar Saxena, Utkarsh Sharma are the co-founders.

    When was Smartr Logistics founded?

    Smartr Logistics was founded in 2021.

    How many Smartr Logistics service centres are there in India?

    There are 65 Smartr Logistics service centres in 34 cities across India.

    Who are the competitors of Smartr Logistics?

    Some biggest competitors of Smartr Logistics are:

    • Blue Dart
    • Delhivery
    • DTDC
    • EcommExpress
    • Xpressbees
    • Shree Maruti Courier
    • TrackOn
    • Professional Couriers
  • The Subsidiaries of Adani Group That Made it Successful

    Adani Group is known to one of most well-known business conglomerate and a leading integrated player in infrastructure and energy spaces in India. The company is founded by Gautam Adani in 1988 and has its headquarters based in Ahmedabad, Gujarat. Adani Group has businesses in different sectors like Energy, Resources, Logistics, Coal Trading & Mining, Real Estate, Aerospace, Public Transport Infrastructure, Consumer Finance, Solar manufacturing, Defense, Gas distribution and Agriculture among others.

    In 2015, Adani Group was ranked India’s most trusted infrastructure brand according to the The Brand Trust Report. It is the country’s largest integrated infrastructure conglomerate with a revenue of about $13 billion with operations at 70 locations in 50 different countries.

    Adani group has focused on serving the diverse need of Indians and contributing towards nation building, as the company also invests part, of its revenue to protect and develop communities.

    The company is known to be the country’s largest port developer and operator with more than 10 ports and terminal like Mundra port under its control. Adani group owns the largest edible oil brand called Fortune Oil, through joint venture with Wilmur International from Singapore. Adani is also the largest private power producer after adding the fourth unit 660 megawatts at its Tiroda Thermal power station. The Group has mines in various countries including India, Indonesia and Australia and also supplies coal to Bangladesh, China, and some Southeast Asian countries.

    In 2018, the Adani Ports & SEZ Limited, added equipment and machinery making it the largest dredger fleet in India. The company has reached great heights because some of it’s main subsidiaries which are Adani Enterprises Limited, Adani Green Energy Limited, Adani Ports & SEZ Limited, Adani Wilmur, Adani Power Limited, Adani Total Gas Limited, Adani Transmission Limited, among others.

    A brief History of Adani Group
    Popular Subsidiaries of Adani Group

    Conclusion
    FAQs

    The growth of Adani Group

    A brief History of Adani Group

    Gautam Adani - Chairman & Founder of Adani Group
    Gautam Adani – Chairman & Founder of Adani Group

    Adani Group had its humble beginnings as a commodity trading firm in 1988 and then got into the import and export of various commodities. Adani group then established the Adani Enterprises Limited which was previously known as Adani exports with just Rs 5 lakhs. In the 90s the company started to develop its own port and by 1995 it began construction at Mundra (which became the largest private port in India in 2002). In 1999, Adani began coal trading and started its joint venture in edible oil refining with Adani Wilmar in 2000.

    Over the years, Adani established ports, mines, railway lines, power plants and ships in and outside the country. Later on in 2006, Adani became the largest coal importer in India with 11Mt of coal handling. After Adani won the Orissa mine rights in 2010, it became the the country’s largest private coal mining company in India. Adani bought Galilee Basin mine in Australia with 10.4 Gt of coal reserves and went on to commission India’s largest solar power plant with a capacity 40 MW.

    Adani became the largest private sector thermal power producer in India after achieving the 3,960 MW capacity. By 2012 the group shifted its focus on to its businesses in the sectors of resources, logistics and energy. In 2014, Adani power became India largest private power producer, by the next year Adani Renewable Energy Park made a 50:50 joined venture with the Rajasthan Government so it can set up the country’s largest solar park with a capacity of 10,000 MW.

    In 2016, Adani’s Aero defense sector signed a pact with companies like Elbit-ISTAR and Alpha Design Technologies in order to work in the field of Unmanned Aircraft Systems in India. The Adani Group acquired a part of Reliance Infrastructure for Rs. 18,800 crore in December 2017.

    Under the guidance of Gautam Adani (one of the richest men in India), the company has reached great heights and improved business operations in the sectors like energy, resources, logistics, and agriculture, amongst others. With a net worth of 59.9 billion as of 2021, he has entered the list of top 20 billionaires as per Forbes. He recently Witnessed a Wealth surge of $17 billion in his Net worth.


    Business Model of Adani Group: How Adani Group Makes Money
    Adani Group is a successful Indian multinational conglomerate. Lets know about the business model of Adani Group and how Adani group makes money.


    Adani Enterprise Limited

    Adani Enterprise - Adani Group Subsidiaries
    Adani Enterprise – Adani Group Subsidiaries

    Adani Enterprise is one of the major subsidiary and the primary holding company of the Adani Group. The company focuses on establishing other new businesses in the sectors of energy and infrastructure. It acts as an Incubator that converts opportunities into thriving or successful businesses. So far Adani Enterprise has expanded its presence in different industries and has emerged as a market leader.

    The company is so successful that it was listed at Bombay Stock Exchange and The National Stock Exchange of India. Since it was established and listed in 1994 the company has come a long way to where it has the market cap of Rs 22,909 Crores. So far companies like APSEZ, Adani Power, Adani Transmissions, Adani Green Energy and Adani Gas have demerged from Adani Enterprise to get independently listed on the Indian stock exchange market.

    The company aims in delivering consistent value, maximizing returns for stakeholders and helping in the activities that build a nation. The vision of Adani Enterprise is to build infrastructure for airport, water, roads, data centre, solar manufacturing and have a sustainable value creation.

    Adani Ports and Special Economic Zone Limited

    Adani PSEZ - Adani Group Subsidiaries
    Adani PSEZ – Adani Group Subsidiaries

    APSEZ is known to be the largest commercial port operator in India as it accounts to more than one fourth of the cargo transport that takes place in the country. APSEZ was originally called as Mundra Port and special Economic Zone Limited until it was changed in 2012. The company started its operations in Mundra Port, but has increased to 10 ports which comprise of 45 berths and 14 terminals across 6 states which are Gujarat, Goa, Kerala, Andhra Pradesh, Tamil Nadu and Odisha.

    It is one of the main subsidiaries of Adani group with a market cap of Rs. 77,715 crore. The CEO of the company is Karan Adani. The company has a widespread national footprint because through Adani Logistics Ltd., APSEZ operates 3 inland containers depots and a storehouse of goods before they are custom cleared at the ports. The facilities of the port are specifically equipped with the latest cargo-handling infrastructure which best in class in order to make it capable of handling the largest vessels.

    A national geographic documentary on Mundra port

    These ports are also well equipped to handle diverse cargos, from dry cargo, liquid cargo, and crude to containers. APSEZ also provides Dredging and Reclaimation solutions for port and harbor construction. Which is why APSEZ currently operates 19 dredgers making it the largest capital dredging capacity in India.

    The Mundra SEZ spans over 8000 hectares making it the largest port operational and notified multi-product SEZ in India that offers investment options like Free Trade and Warehousing Zone (FTWZ) and Domestic Industrial Zone in India.

    It also helps large scale industries for manufacturing set-up based upon cluster-based development for various industries. APSEZ has also undertaken mangrove afforestation activities to help the environment and also announced in 2016, that all ports and townships are being prepared to run on 100% renewable energy.

    Adani Power Limited

    Adani Power - Adani Group Subsidiaries
    Adani Power – Adani Group Subsidiaries

    Adani Power is another major business subsidiary of Adani Group. The company has its headquarters based in Ahmedabad, Gujarat and is known to be largest private thermal power producer in India.

    The company has thermal plants in Gujarat, Maharashtra, Karnataka, Rajasthan and Chhattisgarh and has a power generation capacity of 12,450 MW. It also operates a huge solar plant of 40 MW at Kutch, Gujarat. Adani Power generated a net profit of Rs 634.64 crores in the fourth quarter.

    Adani power plants 

    This Indian company is the world’s first company to set up a coal based thermal power project registered under the clean development Mechanism (CDM) of the Kyoto protocol. Adani power was established as a power trading company in 1996 and has since signed long term PPAs of about 9,153 MW with the government of Gujarat, Maharashtra, Haryana Rajasthan, Karnataka and Punjab.

    Despite being a new to power generation in 2006, the company went on to set up its first power plant at Mundra successfully. The company is also planning to implement a 1.600 MW plant at Godda, Jharkhand.

    Adani Power has many successful subsidiaries under it, which are Adani Power Maharashra Limited, Adani Power Rajasthan Limited, Adani Power Dahej Limited, Mundra Power SEZ Limited and Adani Power Overseas Limited. Once Adani obtained the Udupi Thermal Power Plant in a 6,000 crore rupees deal.

    In 2014, Adani Power got ahead of Tata Power to become the country’s largest power producer. The company’s power plant at Mundra is also the world first coal fired plant to receive carbon credits from the United Nations Framework Convention on Climate Change. The company was also awarded from the Government of Karnataka for the Udupi Power Plant.

    Adani Transmission Limited

    Adani Transmission - Adani Group Subsidiaries
    Adani Transmission – Adani Group Subsidiaries

    Adani’s journey in the transmission industry started way before Adani Transmission Limited was established in 2006. Integrated in 2013, the company handles commissions, operations, maintenance of electric power transmission systems. Adani Transmission Ltd has a total transmission capacity of the company is 16,200 MW and is currently one of the largest private sector power transmission company in India.

    The company operates a total network of 12,200 circuit kilometers and additional 3,200 circuit kilometers are under various stages of construction, as of 2020. Adani Transmission was founded by Gautam Adani and has its headquartered in Ahmedabad. The company got into the distribution space with the acquisition of Reliance Infrastructure’s Power Generation, Transmission & Distribution Business in Mumbai in 2018.

    Now, the Adani Electricity Mumbai Limited which works under Adani Transmissions caters to more than 3 million customers and their electricity needs in the Mumbai. The company aims in setting up 20,000 circuit kms of transmission lines by 2022 with the help of organic and inorganic growth opportunities. Lastly it is the country’s first private power sector player to secure an international investment grade rating.

    Adani Green Energy Limited

    Adani Renewables - Adani Group Subsidiaries
    Adani Renewables – Adani Group Subsidiaries

    This Adani subsidiary is one of the largest renewable companies in India with a current project portfolio of 13,990 MW. Adani Green Energy is known for developing, operating, building and maintaining solar and wind farm projects. The electricity generated is supplied to central and state government institutes or even government backed corporations. The company has now expanded to more than 11 Indian states.

    National Geographic documentary on Adani solar power plant

    The company uses the latest technologies in its projects and has an impressive portfolio of 54 operational projects and 12 projects under construction. It is leading India on its renewable energy journey and aims to provide a cleaner, better and a greener future for the country. The company operates one of the largest solar photovoltaic plants in the world (Kamuthi Solar Power Project).

    Adani Green Energy also has over 39 subsidiaries under it and recently won the world largest solar bid worth 46 billion by the Solar Energy Corporation Of India. The company is known to manage over 5,290 MW of wind energy and solar power plants.

    Adani Wilmar

    Adani Wilmar - Adani Group Subsidiaries
    Adani Wilmar – Adani Group Subsidiaries

    Adani Wilmar was created out of a joint venture between Adani Group and the Singaporean company Wilmar International Limited. Wilmar one of the fastest growing food FMCG company in India and is Asia’s leading agri business group. The company has the largest range of edible oils such as Soya, Sun, Mustard, Rice bran, Groundnut and cottonseed.

    Besides oil it also makes products like Basmati rice, pulses, Soya chunks, Besan, Fortune Wheat flour, Rawa, Sooji, etc which are all well known products in India. Brands like Fortune, King’s, Bullet, Raag, Avsar, Pilaf, Jubilee, Fryola, Alpha, Alife and Aadhar work under Adani Wilmur.

    The company has the largest distribution network among all the branded edible oil players in India because it has over 95 stock points, 5000 distributors, 1.5 million outlets across the country.

    Adani Wilmar has become successful internationally after selling its Edible oil to Middle-East and is now exporting its products to more than 19 countries in the Middle-East, South East Asia, East Africa, Singapore, Australia and New Zealand.


    List Of All Subsidiaries Of The Godrej Group
    Godrej is known to be a pioneer in many products that we use in our daily life.Godrej Group is an Indian Conglomerate company that is owned by the popularGodrej Family. The main founders of Godrej is Ardeshir Godrej and PirojshaBurjorji Godrej, establishing the company 1897. Godrej has makes prod…


    Adani Gas Limited

    Adani Gas - Adani Group Subsidiaries
    Adani Gas – Adani Group Subsidiaries

    This Adani’s subsidiary is a city gas distribution company that mainly serves industrial companies and residential customers in Indian states. Adani Gas is currently uses City Gas Distribution networks in order to supply Piped Natural Gas to commercial, domestic and industrial companies in the country. The company also provides Compressed Natural Gas to the transport sector.

    Adani Gas has so far set up city gas distribution networks in cities such as Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in Uttar Pradesh. Natural Gas is not just a environment friendly, but is also convenient and reliable which allows consumers to enjoy a high level of safety, convenience and economic efficiency.

    Conclusion

    Over the past three decades Adani Group has kept growing to make itself a global leader in various sectors like  Energy, Resources, Logistics, Coal Trading & Mining, Real Estate, Aerospace, Public Transport Infrastructure, Consumer Finance, Solar manufacturing, Defense, Gas distribution and Agriculture.

    The company is also benchmarked the global standards in all the sectors. The company has so far been successful because of its numerous successful subsidiaries and will continue to grow and reach greater heights in the future.

    FAQs

    Who is the Chairman of Adani Group?

    Gautam Adani is the Chairman of Adani Group.

    Where is the headquarters of Adani Group?

    Adani Group has its headquarters in Ahmedabad, Gujarat.

    What does Adani group do?

    Adani group is involved in business operations in the various sectors:

    • Energy
    • Resources
    • Logistics
    • Coal Trading & Mining
    • Real Estate, Aerospace
    • Public Transport Infrastructure
    • Consumer Finance
    • Solar manufacturing
    • Defense
    • Gas distribution
    • Agriculture

    What are the subsidiaries of Adani Group?

    The subsidiaries of Adani Group are:

    • Adani Gas Limited
    • Adani Wilmar
    • Adani Green Energy Limited
    • Adani Transmission Limited
    • Adani Power Limited
    • Adani Ports and Special Economic Zone Limited
    • Adani Enterprise Limited
  • Covid-19 Impact on Logistics Industry | Is it a Good Time to Start a Logistics Business?

    The Covid19 pandemic turned the entire economy upside-down. The whole world faced its effects. People, their jobs, and businesses everything had to face the pandemic’s consequences.

    Since the whole world got shut down, it affected various businesses. One such example here is the logistics firms.

    These firms deal in storage, movement, and proper flow of goods. Logistics firms play a crucial role in connecting the companies with the market. Due to travel and other restrictions, this connection got disrupted.

    Now, we are in the recovery stage and so are the logistics firms. The logistics with the help of technology can function at a normal pace, but is it a good time to start a logistics business in 2021?.

    What is a Logistics Business?
    Logistics Business and The Covid19 Pandemic
    Problems faced by Logistics Startups During Pandemic
    How did the Logistics Industry Respond to the Crisis?
    Is It a Good Time to Start a Logistics Business?
    FAQs

    What is a Logistics Business?

    In simple words, logistics refers to the management of the flow of things between the companies and customers. Logistics companies perform various functions. These include planning and implementation, storage and movement of goods and services.

    The movement of resources is not limited anymore. It is now a global process. Every business needs a proper supply chain for its successful functioning. A supply chain may include, storage, transportation, management. It may also include inventory handling, warehousing, security, etc.

    Logistics companies play an important role within a supply chain. These companies may perform all or few functions, according to the client’s requirements.

    Thus, logistics companies help businesses with these functions. Today, the term ‘logistics’ is synonymous with ‘efficient flow’ in the business sector.

    Logistics Business and The Covid19 Pandemic

    The covid-19 outbreak began in late 2019 in China. The World Health Organization (WHO) declared the worldwide pandemic in early 2020. At that time, nobody knew what it was and how to deal with it.

    Most of us expected it to be a virus that might end soon. But none of us was aware or prepared for its consequences. International borders got closed, travel and transportation got restricted.

    Lockdowns across the borders restricted the movement of goods and services. Warehousing, inventory handling also got affected due to social distancing. All such disruptions in the supply chain affected the logistics business.

    Problems faced by Logistics Startups During Pandemic

    Border Closure:

    The foremost and biggest problem was border closure. This made the whole supply chain come to a halt. Transportation could not take place at all. The logistics companies found it difficult to maintain the supply chain.

    Workforce Disruption:

    A logistics business is not something that one man can run. It requires a complete workforce to perform its functions. Due to lockdowns, the workforce got reduced.

    Reduced Demand:

    Due to the pandemic, consumers’ disposable income got reduced. This caused a reduction in the demand for various goods and services. Thus, the logistics businesses had to face losses.

    Unpredictable Demand:

    The demand for various goods was decreasing. But at the same time, the demand for some goods began to increase. These included medicines, masks, sanitisers, disinfectants, medical appliances, and more.

    This uncertainty in demand caused unpredictability within the logistics industry. Thus, affecting their regular planning and management procedures.

    Unstable Market:

    Many sectors in the market faced a downfall during the pandemic. Both demand and supply chain got affected, making the market unstable. For a logistics business, working in an unstable market became a road to losses.

    Irregular Profits:

    The demand and supply got reduced on the consumer and corporations’ end. This disrupted the cash flow in the logistics industry. The logistics businesses had to face irregular profits.

    A Curse for Small Players:

    The pandemic had the worst impact on small logistics businesses. These small players did not have appropriate technology, backup, or recovery plans. They could not afford the expenses of tools as per health guidelines. Many had to shut down due to a lack of profits and increasing losses.

    How did the Logistics Industry Respond to the Crisis?

    The beginning of the pandemic harmed the logistics businesses. But, later on, logistics startups began to recover and bounced back in the market.

    In the second half of 2020, logistics startups began to play an important role. They helped to provide the goods to the consumers at their doors. They also ensured safety protocols alongside.

    The logistics industry helped in maintaining the flow of essential goods. They ensured a smooth flow of medical supplies across the globe.

    E-commerce goods and services, delivery at the doorstep became the need of the hour. All this required efficient logistics. Here the logistics startups played a crucial role. This is how logistics startups began to bounce back in the market.

    Is It a Good Time to Start a Logistics Business?

    The pandemic made the world shift from offline to online. Every sector is digitizing. So is the logistics industry. The halt in the supply chain made the logistics industry revamp its measures.

    The traditional plans and implementations made the companies unable to fulfil consumer demands. Now, the consumers want service reliability despite any hindrances.

    So, if you want to start a logistics business make sure to stick with technology. It is better to invest in the following:

    Internet of Things (IoT):

    This helps your business operations to be efficient, smooth, and transparent at the same time.

    Blockchain:

    The world is moving at a faster pace. Time is too precious a waste on unnecessary printing and scanning. So, it is important to opt for documentations based on blockchain.

    Artificial Intelligence (AI):

    Another important thing to include in your logistic business model is AI. This helps to deal with uncertain demands in the supply chain.

    Various logistics startups are digitizing the industry and making it a profitable space. Examples- Budbee, Airmee, Cargo One, Sender, AxleHire, etc.

    Thus, if you are planning to start or invest in a tech-based logistics business, it is a good time. However, the industry has become extremely competitive with new technologies. So, it is important to do your detailed research. Plan well, build a team, know your technology and only then enter the market.

    Conclusion

    The logistics industry got affected by the pandemic. But it also learned to fight the crisis with technology. The whole marketplace is digitizing.

    The technological era made the logistics industry super competitive. At the same time, technology has made it profitable as well.

    New technologies like data analytics, automation, solution platforms, AI, etc. are a must. The logistics companies that understand how to use these technologies for their benefit are sure to win.

    FAQs

    What is a Logistic Business?

    Logistics companies perform various functions. These include planning and implementation, storage and movement of goods and services.

    What are the problems faced by the Logistics Business during the Pandemic?

    These are the list of problems faced by the Logistics Industry during a pandemic are Border Closure, Reduced Demand, Unstable Market, Irregular Profits, etc.

    List some Logistics Companies in India.

    Here are a few examples of Logistics Companies in India are Transport Corporation of India Ltd, Mahindra Logistics Ltd, Aegis Logistics Ltd, AllCargo Logistics Ltd, etc.