Overview of the Company
(i) Ecom Express Private Limited is a leading end-to-end technology-enabled logistics solutions provider to the Indian e-commerce industry. The Company is primarily providing courier services to its customers on the digital platforms by delivering their shipments to end consignees within India.
Headquartered in New Delhi, Ecom Express was incorporated in 2012 by T.A. Krishnan, Manju Dhawan, K. Satyanarayana, and Sanjeev Saxena with their 100+ years of cumulative experience in the Indian logistics and distribution industry.
T.A Krishnan has over 25 years of experience in the courier and express delivery services and has spent much of his working life at Blue Dart (now owned by DHL).
(ii) We have seen in the last 10 years how E-commerce companies like Flipkart, Amazon, Mintra, etc. have flourished. The backbone of such companies is to provide delivery of parcels, ordered online from these portals, to the doorstep of clients in the fastest time possible, to the remotest places of the country. In the field of providing such delivery service capability, scalability, and customization, E-com Express has emerged as one of the biggest players. It works on the B2B business model. It provides logistic service directly to the company only.
(iii) Ecom Express has its presence in all 29 states of the country and operates in over 2400 towns across 25,000+ PIN-codes in India.
Clients of the Company
4. Fashion and You
Funding in Ecom Express
To date, they have raised close to 11.4 Billion( Rs. 1140 Crores ) in three rounds, as per data collected from Crunchbase. The funding has been done in the years 2015,2016 and 2017.
In the last funding round in the year 2017, Ecom Express has raised Rs.195 Crores from Warburg Pincus’ Eaglebay Investment unit. In this deal, the Ecom Express has issued 6 lakh Preference shares at Rs. 3150 per share, as per data collected from VCC Circle.
Rivals or Peers
The company’s rival in the logistics segment, are Delhivery Pvt. Ltd, TrucksFirst Services Pvt. Ltd, which operates Rivigo, and Blackbuck.
|Total Available Shares:||Not Available|
|Face Value:||₹ 10 Per Equity Share|