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Quick Commerce market, currently led by Dunzo and Swiggy Instamart, has a penetration of 7% in the online consumables market which is expected to become 12-13% by 2025.

Quick commerce to grow 10-15x in 5 years to $5 billion market by 2025

28 July 2021 12:23 PM IST

July 28, 2021: According to the latest report Quick Commerce: A $5 billion market by 2025 launched by homegrown consulting firm RedSeer, the market...

Nilesh Ghule, co-founder and CEO, TruckBhejo

Tech-logistics firm TruckBhejo’s next target is medium enterprise segment

27 July 2021 7:24 PM IST

In an exclusive interview, Nilesh Ghule, co-founder and CEO, TruckBhejo, talks to Indian Transport & Logistics News (itln.in) about the Indian...

The 3PL company registered 113 percent growth in overall quarterly revenue, despite the disruptions due to the second wave of Covid 19.

Mahindra Logistics’ EBITDA grows to ₹47 cr in Q1 FY22; revenue at ₹873 cr

27 July 2021 6:41 PM IST

July 27, 2021: One of India’s large 3PL solutions providers, Mahindra Logistics (MLL), today announced its consolidated financial results for the...

PAT decreased to %u20B90.60 crore in the current quarter from %u20B90.78 crore in the same period in the previous year (%u20B90.42 crore in Q4 FY20-21).

Snowman reports ₹66 crore revenue, ₹17 crore EBITDA in Q1 FY22

27 July 2021 6:00 PM IST

July 27, 2021: During the quarter ended June 30, 2021, Snowman Logistics recorded revenue of ₹66.06 crore against ₹55.12 crore in Q1 FY20-21 and...

Both current and former employees will be able to vest their stock options. This is the second such buyback by the company.

Locus assigns $4 million for its ESOP buyback

27 July 2021 11:00 AM IST

July 27, 2021: The future-ready platform that automates supply chain decisions, Locus, today announced that it has designated $4 million for its ESOP...

Headquartered in Hamburg, Hermes is a leading global logistics services company providing logistics solutions primarily to the retail industry.

Jeena & Co forms exclusive partnership with German logistics firm Hermes

26 July 2021 3:54 PM IST

July 26, 2021: The legacy logistics company Jeena & Co. and German-based Hermes World have come together in a strategic and exclusive partnership,...