StartupLanes

Meesho develops a logistics SaaS platform to expand its network

According to people familiar with the situation, e-commerce business Meesho is developing a logistics-focused enterprise software solution that can be utilized by small and medium-sized industrial participants. While the product is still being developed internally, Meesho’s reliance on significant third-party logistics firms such as Ecom Express, Xpressbees, and Delhivery will be reduced over time.

Meesho can collaborate more closely with local and regional players who may not always have access to software solutions to handle high volumes of e-commerce deliveries. While the software solution would be available to Meesho’s existing delivery partners, it would essentially expand the Bengaluru-based e-commerce firm’s logistics network.

A source close to the situation said that “getting this product up and operating is one of the company’s primary aims this year.” According to one of the people described above, “it will address a lot of inefficiencies that exist in the tier-2 and tier-3 supply chains in terms of e-commerce delivery.” Meesho has tasked former Myntra CEO Sourabh Pandey, who presently oversees Meesho’s fulfillment and experience, with developing the product. Meesho’s representative verified the development.

At the moment, end-to-end logistical capabilities have been developed by a few industry players, and many small logistics organizations and individuals are unable to engage in the ecosystem. In line with our vision of empowering 100 million small businesses to succeed online, we are developing a platform that will provide them with the operational know-how, network design capabilities, and access to tools and technology to become a part of this network, the company said in a statement.

It stated that this would complement the skills developed by 3Ps (third-party logistics firms) and would also help bring new participants into the bigger e-commerce logistics ecosystem. Platforms such as Delhivery, Shiprocket, and others provide their customers with a variety of software solutions for e-commerce delivery, including direct-to-consumer brands and e-commerce merchants. Meesho now relies entirely on third-party logistics providers such as Delhivery, Xpressbees, and Ecom Express to fulfill its deliveries.

The corporation is attempting to minimize costs and extend its runway by settling for a slower rate of growth. It implemented new seller policies targeted at lowering returns. As previously stated, Meesho has one of the highest return rates in the industry, which is a significant cost center for the company. Its “unbundling” project aims to reduce costs.

Meesho seems to be a fascinating startup with a motivating turn of events on technology, information and internet platform. My best wishes to the entire team. This will give them a huge accomplishment in the future.

Shishir Gupta, Founder and CEO, StartupLanes

Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.

You can subscribe to our news posts by entering your email in the box on the right side of this page.

Check out our YouTube channel for insightful content from the Indian startup ecosystem.

Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.

The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.

Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business.

Exit mobile version