Logistics giant Ecom Express, which counts Partners Group, Warburg Pincus and British International Investment among its marquee investors, has roped in former founder of proptech venture Multiliving Technologies, Pankaj Singh, as chief commercial officer (CCO).
In his new role, Singh will lead the Gurugram-based startup in end-to-end procurement, overseeing sourcing, spend management, and strategic control of cost factors within the supply chain.
Singh was also associated with multiple brands, which include The House of Abhinandan Lodha where he worked as chief growth officer.
“Pankaj’s deep understanding of running startups and a sharper focus on driving cost efficiency will enable tangible results and drive a larger P&L impact for the company,” said Ajay Chitkara, chief executive and managing director of Ecom Express.
Founded by TA Krishnan, Manju Dhawan, K Satyanarayana and Sanjeev Saxena in 2012, Ecom Express offers end-to-end logistics solutions and facilitates first-mile pickup, processing and last-mile delivery. Since its inception, the logistics major has expanded its operations to more than 3,000 delivery centres spanning 9.6 Mn sq. ft. of space.
It claims to offer end-to-end logistics solutions at more than 27,000 pin codes and 2,700 cities and towns nationwide.
Ecom Express has raised $301 Mn in total funding till date and competes with the likes of Delhivery, Shiprocket and Xpressbees, among others.
The company has been looking to list on bourses for a few years now but adverse market conditions forced it to shelve its IPO plans.
Meanwhile, in October last year, Ecom Express’ cofounder and former CEO, TA Krishnan, passed away after a prolonged illness.
Prior to that, in June, the company announced the appointment of former Airtel Business executive Ajay Chitkara as its new managing director and CEO.
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