Third-party e-commerce marketplace aggregator Evenflow has partnered with logistics start-up Shiprocket, the company has announced.
The partnership is meant to help solve supply chain issues for the sellers that Evenflow acquires.
Shiprocket raised ₹200 crore funding
Evenflow aggregates third-party sellers on e-commerce platforms like Flipkart and Amazon. It acquires online marketplace sellers in a range of $200k-$1.5 million per brand.
Shiprocket, AI-backed logistics platform
Shiprocket is an AI-backed logistics platform for D2C sellers. It aggregates leading courier partners on a single platform that helps sellers choose and compare all shipping options to help ease shipping. It offers other value-added technology services that merchants can avail, such as warehousing and fulfilments, packaging, revenue-based financing, etc.
E-comm aggregator Evenflow acquires Chennai-based sports and fitness brand Xtrim
“Supply chain is the backbone for all e-commerce businesses. Shiprocket has created scalable solutions for the third-party seller ecosystem. We are bullish on leveraging them to support multiple brands under our portfolio,” said Utsav Agarwal, co-founder & CEO, Evenflow.
Vishesh Khurana, Co-founder, Shiprocket, said, “With our collaboration with Evenflow, we aim to strategically focus on reducing the risks involved in supply chain and work together to drive this common objective.”
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.