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Ekart Logistics is an Indian logistics and supply chain company that has gained significant prominence in the e-commerce industry.
Established in 2009, Ekart Logistics has rapidly expanded its reach and capabilities, making it a key player in the Indian e-commerce ecosystem.
Technological Features of Ekart
- Address Intelligence Stack: It improves the address quality with auto-suggestions and prompts for incorrect addresses at checkout and raises alerts to the shipper regarding any address issues.
- Line haul Solutions: Their customizable solutions include route optimization and load planning to help businesses reduce transportation costs and improve delivery times.
- Transportation Management Systems: India-specific mapping technology helps keep track of its trucks in real-time even when they are in remote villages.
Logistics Market and Revenue
The logistics market in India is expected to grow exponentially in the coming years, driven by the growth of e-commerce and the increasing demand for efficient supply chain management.
The contribution of logistics to India’s GDP is about 14.4% of the GDP and is expanding at a rapid pace. The logistics market in India is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.5% by 2024.
This case study highlights the Technological features of Ekart Logistics, the Industries it provides services to, the geographic locations they are in, the business and revenue model of the company and the Marketing Strategies used by the company.
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