Ekart

Last updated

Ekart
Smart logistics [1]
Industry Courier
Founded2009;15 years ago (2009) [1]
Founder Flipkart
Headquarters,
Area served
3800+ pin codes in India [1]
Key people
Neeraj Aggarwal (Vice President) [2]
Kalyan Krishnamurthy (CEO) [3]
Products Delivery, express mail, third-party logistics [1]
Website www.ekartlogistics.com

Ekart logistics or Ekart courier is an Indian courier delivery services company, headquartered in Bangalore, Karnataka. [1] [4] A subsidiary of electronic commerce company Flipkart Pvt. Ltd., it is run by Instakart services Pvt. Ltd. [5] [6]

Contents

Ekart delivers around 10 million shipments a month. [1] As of 2015, Ekart shipped 85 percent of products ordered on Flipkart. [7]

Klick2Shop Logistics Services International, a Singapore-based company, invested Rs.1641 crore in Ekart in October 2017. [8] [9]

Background

Ekart was taken over by Flipkart from WS Retail Services. [10] [11]

Locker services in stores and supermarkets running for all hours were introduced first in the country by Ekart. [2] [12]

See also

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References

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  2. 1 2 "E-kart running parcel locker pilot". postandparcel.info. 13 May 2016. Archived from the original on 17 September 2017.
  3. livemint.com (3 January 2018). "Flush with funds, Flipkart boosts investments in logistics arm eKart". Archived from the original on 27 April 2018.
  4. "Ekart Logistics, ekartlogistics.com". owler.com. Archived from the original on 27 April 2018.
  5. "Flipkart Allocates $460 Mn To Logistics Arm Ekart For Strategic Investments". inc42.com. 9 October 2017. Archived from the original on 28 April 2018.
  6. "Ekart Logistics in Bangalore". justdial.com. Archived from the original on 27 April 2018.
  7. "WS Retail's Ekart Logistics to Spin Off and Become a Wholly Owned Company". iamwire.com. Archived from the original on 17 April 2018.
  8. "Flipkart arm Ekart Logistics to deploy whopping Rs 3000 cr war chest for acquisitions, more". financialexpress.com. 10 October 2017. Archived from the original on 18 October 2017.
  9. "Ekart Logistics raises ₹1,632 cr from Klick2Shop". thehindubusinessline.com. 3 January 2018. Archived from the original on 9 June 2018.
  10. "Flipkart's Logistics Arm Ekart Raises Rs. 1,632 Crore". ndtv.com. 3 January 2018. Archived from the original on 27 April 2018.
  11. "Flipkart Retain Its Logistics Arm Ekart". digitalvidya.com. 23 November 2015. Archived from the original on 5 January 2016.
  12. "Change in Ekart's delivery model; How does it help Flipkart?". indianonlineseller.com. Archived from the original on 27 April 2018.