Ekart

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Ekart
Smart logistics
Industry Courier
Founded2009;16 years ago (2009)
Founder Flipkart
Headquarters
Bangalore, Karnataka
,
India
Area served
3800+ pin codes in India
Key people
Neeraj Aggarwal (vice president)Kalyan Krishnamurthy (CEO) [1]
Products Delivery, express mail, third-party logistics
Website ekartlogistics.com

Ekart logistics or Ekart courier is an Indian courier delivery services company, headquartered in Bangalore, Karnataka. A subsidiary of electronic commerce company Flipkart, it is run by Instakart services Pvt. Ltd. [2]

Contents

Klick2Shop Logistics Services International, a Singapore-based company, invested Rs.1641 crore in Ekart in October 2017. [3] [4]

History

In September 2015, Flipkart Ltd reacquired its logistics unit, Ekart, from WS Retail Services Pvt Ltd, which had been one of the platform’s largest sellers. The business was transferred to a newly incorporated subsidiary, Instakart Services Pvt Ltd, as part of a broader corporate restructuring. [5] [6]

Instakart Services, established in June 2015, listed Flipkart executives Ankit Nagori and Rajnish Singh Baweja as directors and shareholders at the time of incorporation. The move was intended to bring Flipkart’s logistics operations under closer strategic control. [7]

Following the restructuring, Instakart reportedly received an investment of ₹127 crore from Klick2Shop Logistics Services International, a Singapore-based affiliate of Flipkart. [7]

In November 2016, Instakart Services Pvt Ltd, the Flipkart subsidiary that operates Ekart Logistics, received an equity infusion of ₹1,632.8 crore from Klick2Shop Logistics Services International, a Singapore-based entity associated with Flipkart. [8]

See also

References

  1. ↑ livemint.com (3 January 2018). "Flush with funds, Flipkart boosts investments in logistics arm eKart". Archived from the original on 27 April 2018.
  2. ↑ "Flipkart Allocates $460 Mn To Logistics Arm Ekart For Strategic Investments". inc42.com. 9 October 2017. Archived from the original on 28 April 2018.
  3. ↑ "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.
  4. ↑ "Ekart Logistics raises ₹1,632 cr from Klick2Shop". thehindubusinessline.com. 3 January 2018. Archived from the original on 9 June 2018.
  5. ↑ "Flipkart Buys Back Ekart From WS Retail". Inc42. 8 September 2015. Retrieved 16 August 2025.
  6. ↑ "Flipkart's Logistics Arm Ekart Raises Rs. 1,632 Crore". ndtv.com. 3 January 2018. Archived from the original on 27 April 2018.
  7. 1 2
  8. ↑ "Flipkart's logistics arm Ekart raises Rs 1,632 cr from Klick2Shop". ETRetail. 3 January 2018. Retrieved 16 August 2025.


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