Business
Startups, SMEs To Benefit As Shiprocket Partners With India Post To Enhance Pan-India Last Mile E-Commerce Delivery
Warehouse for an e-commerce firm. (representative image) (Matt Cardy/Getty Images)
India Post has teamed up with Shiprocket to improve last-mile e-commerce delivery services in India.
The partnership between India Post, the country's leading postal service provider, and Shiprocket, a logistics aggregator company, will enhance the last-mile delivery of various e-commerce products.
The Memorandum of Understanding (MoU) was signed at Dak Bhawan in New Delhi, with senior officers of the Department of Posts and representatives of Shiprocket and Pickrr in attendance.
The partnership will provide shipping and last-mile delivery services to Shiprocket's three lakh strong seller base, which includes startups and a large number of small and medium businesses.
Bigfoot Retail Solutions (Shiprocket) is an emerging logistics aggregator company with 70 million consumers annually.
Shiprocket, an emerging logistics aggregator company with three lakh sellers and 70 million consumers annually, will benefit from India Post's vast network and extensive reach.
The MoU marks a significant milestone for taking e-commerce to the last mile and is expected to benefit millions of customers all over country, the Ministry of Communications said in a statement on Friday (17 March).
Director General, postal services Alok Sharma said that this partnership is a momentous occasion and will fulfill the aspirations of rural youth to benefit from the e-commerce revolution in the country.
Saahil Goel, co-founder and CEO, Shiprocket, stated that the India Post network will provide last-mile connectivity to the e-commerce market player, enabling automated shipping and faster delivery for merchants, resulting in cost-effectiveness and business growth.
To provide better services to customers, India Post has ensured IT integration with Shiprocket's IT systems through various APIs for Tariff, Booking, Label Generation, Pickup and Track & Trace.
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