Explorer

Delhivery, Xpressbees To Venture Into Quick-Commerce As Demand Soars: Report

Based out of Pune, Xpressbees is also planning to enter the quick-commerce segment and is in talks with several industry players, the report stated citing sources familiar with the issue

Logistics firms Delhivery and Xpressbees are considering an expansion in their services to cater to the increasing demand in the quick commerce sector. The companies are reportedly planning to move beyond the traditional e-commerce sector.

According to a report by The Economic Times, Delhivery has begun managing larger warehouses for Swiggy Instamart. The report cited sources and said this change is being driven by platforms like Blinkit, Zepto, Instamart, etc. These warehouses help supply to the smaller stores or fulfillment centers inside city limits, the report noted.

Based out of Pune, Xpressbees is also planning to enter the quick-commerce segment and is in talks with several industry players, the report stated citing sources familiar with the issue.

The report also noted that firms like Zepto are rethinking their warehouses to be able to accomodate a larger range of products. Citing a source, the report said, “As quick commerce continues to grow, logistics players are recognizing the opportunity while platforms require robust logistics infrastructure and expertise.”

Despite the developments, the report cited a senior official at a third-party logistic firm and said that the quick-commerce players have a preference to operate their dark stores independently owing to the specialised customisations and technology needed. “These players are experts in managing dark stores and want to maintain control,” the source added.

Also Read : US District Court Imposes $194 Million Penalty On TCS For Misappropriation Of Trade Secrets

Notably, Xpressbees is already collaborating with multiple e-commerce brands, and working with direct-to-consumer brands as well. The firm is further looking into opportunities in the sector which is developing at a rapid pace. Citing another source, the report said, “Xpressbees will also handle some of the heavy lifting in warehouse management.” Delhivery intends to expand its partnership with Swiggy Instamart to help further move several stock-keeping units (SKUs).

Top Headlines

Amid Iran Protests, MEA Prepares To Facilitate Return Of Indians
Amid Iran Protests, MEA Prepares To Facilitate Return Of Indians
BMC Exit Poll: BJP+ Set For Big Win; Thackeray Brothers’ Camp Trails
BMC Exit Poll: BJP+ Set For Big Win; Thackeray Brothers’ Camp Trails
Hema Malini Faces Angry Voters After Casting Her Vote In Maharashtra BMC Elections. Watch
Hema Malini Faces Angry Voters After Casting Her Vote In BMC Polls. Watch
‘This Is Mobocracy’: Supreme Court Flags Serious Concern During Mamata Banerjee Vs ED Probe Case
‘This Is Mobocracy’: Supreme Court Flags Serious Concern During Mamata Banerjee Vs ED Probe Case

Videos

Breaking: Deadly Chinese Manja Claims Lives Across India; Multiple Injuries Reported
West Bengal: ED Claims Mamata Hindering Coal Scam Probe; Supreme Court Hearing Underway
West Bengal: ED Accuses West Bengal Govt of Obstructing Probe, Seeks Supreme Court Intervention
Supreme Court Hears ED Plea, Allegations of Obstruction Against Bengal Govt in Coal Scam Probe
Maharastra Polls: Devendra Fadnavis Casts Vote in BMC Polls

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget