Delhivery founder and CEO Sahil Barua said the logistics unicorn will also provide ecommerce companies with delivery services that will shorten the delivery cycle to 2-4 hours
Delhivery will be setting up the dark stores for a few “narrow categories”, and within that a set of narrow stock keeping units, in the ecommerce sector that would require rapid deliveries
Barua said that multiple companies can use the dark stores to share the costs
Delhivery
plans to launch a network of multi-tenant dark stores for “rapid in city delivery” for ecommerce companies.
During a post-earnings call, Delhivery founder and CEO Sahil Barua said the logistics unicorn will also provide ecommerce companies with delivery services that will shorten the delivery cycle to 2-4 hours.
“… the intention is…to launch a network of shared dark store warehousing, which will be available to ecommerce companies to use on a multi-tenant basis, and then to provide a rapid local delivery…,” Barua said.
He said that 30-minute or one-hour deliveries are unlikely to disrupt the broader ecommerce space. Only a few “narrow categories”, and within that a set of narrow stock keeping units, would require this service. Delhivery aims to set up dark stores for such categories.
He added that multiple ecommerce companies and D2C brands can use these dark stores to share the costs.
“It’s essentially the process of creating micro fulfillment for most direct to consumer brands…,” he added.
(The story will be updated soon.)
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
