Ecom Express Appoints Kammal Daas As VP Of Last Mile Operations

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SUMMARY

In his new role, Daas will focus on enhancing the company’s operational capabilities and driving efficiency in its last-mile delivery processes

He will oversee Ecom Express’s last-mile delivery operations, focusing on enhancing customer experience and operational excellence

Prior to joining Ecom Express, he served as vice president of operations at Licious, where he oversaw mid-mile delivery operations and managed procurement logistics

IPO-bound logistics startup Ecom Express has roped in Kammal Daas as vice president of operations, Last Mile. 

In his new role, Daas will focus on enhancing the company’s operational capabilities and driving efficiency in its last-mile delivery processes.

He will oversee Ecom Express’s last-mile delivery operations, focusing on enhancing customer experience and operational excellence.

His responsibilities will include optimising delivery strategies to enhance efficiency and reliability. 

Daas will focus on leveraging advanced technologies for real-time tracking and seamless operations while fostering a high-performance culture by mentoring and empowering his team. Ensuring safety and maintaining compliance across all operations will remain a key priority.

Daas brings over 18 years of extensive experience in operations, logistics, and supply chain management. Prior to joining Ecom Express, he served as vice president of operations at Licious, where he oversaw mid-mile delivery operations and managed procurement logistics.

His career highlights also include leadership positions at Flipkart and Walmart India, where he developed third-party logistics and enhanced supply chain capabilities.

Daas said, “With the company’s commitment to innovation and customer-centricity, I look forward to contributing to its growth and operational excellence. Together, we will strive to deliver unparalleled value to our customers and partners.”

Daas holds an advanced degree in supply chain and digital supply chain from the Indian School of business and a postgraduate degree in business management. In his new role, he will focus on ensuring delivery timelines and seamless team coordination to meet organisational objective.

Founded in 2012 by the late TA Krishnan, Manju Dhawan, K Satyanarayana and Sanjeev Saxena, Ecom Express is a pure play B2C ecommerce logistics solutions provider. It generates revenue by servicing customers in the ecommerce industry, including horizontal, vertical, D2C, and quick commerce platforms in India.

The startup reduced its consolidated net loss by 67% YoY to INR 255.8 Cr in FY24, down from INR 428.1 Cr in FY23. Loss from continuing operations stood at INR 248.5 Cr, compared to INR 359.8 Cr in the previous year, while loss from discontinued operations decreased to INR 7.4 Cr from INR 68.3 Cr in FY23.

The startup is also preparing for an IPO. In November, Ecom Express received observations from SEBI, which, in regulatory terms, signals a green light for proceeding with the public offering.

Ecom Express filed its draft red herring prospectus (DRHP) in August for INR 2,600 Cr IPO. This includes a fresh issue of equity shares up to INR 1,284.5 Cr and an offer for sale (OFS) worth INR 1,315.5 Cr.

This is the logistics startup’s second attempt at a public listing. In 2022, the company planned an INR 4,860 Cr IPO but postponed it later due to bearish market conditions.

Ecom Express competes with the likes of Delhivery, Bluedart, Xpressbees and Shadowfax. 





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Ecom Express Appoints Kammal Daas As VP Of Last Mile Operations


SUMMARY

In his new role, Daas will focus on enhancing the company’s operational capabilities and driving efficiency in its last-mile delivery processes

He will oversee Ecom Express’s last-mile delivery operations, focusing on enhancing customer experience and operational excellence

Prior to joining Ecom Express, he served as vice president of operations at Licious, where he oversaw mid-mile delivery operations and managed procurement logistics

IPO-bound logistics startup Ecom Express has roped in Kammal Daas as vice president of operations, Last Mile. 

In his new role, Daas will focus on enhancing the company’s operational capabilities and driving efficiency in its last-mile delivery processes.

He will oversee Ecom Express’s last-mile delivery operations, focusing on enhancing customer experience and operational excellence.

His responsibilities will include optimising delivery strategies to enhance efficiency and reliability. 

Daas will focus on leveraging advanced technologies for real-time tracking and seamless operations while fostering a high-performance culture by mentoring and empowering his team. Ensuring safety and maintaining compliance across all operations will remain a key priority.

Daas brings over 18 years of extensive experience in operations, logistics, and supply chain management. Prior to joining Ecom Express, he served as vice president of operations at Licious, where he oversaw mid-mile delivery operations and managed procurement logistics.

His career highlights also include leadership positions at Flipkart and Walmart India, where he developed third-party logistics and enhanced supply chain capabilities.

Daas said, “With the company’s commitment to innovation and customer-centricity, I look forward to contributing to its growth and operational excellence. Together, we will strive to deliver unparalleled value to our customers and partners.”

Daas holds an advanced degree in supply chain and digital supply chain from the Indian School of business and a postgraduate degree in business management. In his new role, he will focus on ensuring delivery timelines and seamless team coordination to meet organisational objective.

Founded in 2012 by the late TA Krishnan, Manju Dhawan, K Satyanarayana and Sanjeev Saxena, Ecom Express is a pure play B2C ecommerce logistics solutions provider. It generates revenue by servicing customers in the ecommerce industry, including horizontal, vertical, D2C, and quick commerce platforms in India.

The startup reduced its consolidated net loss by 67% YoY to INR 255.8 Cr in FY24, down from INR 428.1 Cr in FY23. Loss from continuing operations stood at INR 248.5 Cr, compared to INR 359.8 Cr in the previous year, while loss from discontinued operations decreased to INR 7.4 Cr from INR 68.3 Cr in FY23.

The startup is also preparing for an IPO. In November, Ecom Express received observations from SEBI, which, in regulatory terms, signals a green light for proceeding with the public offering.

Ecom Express filed its draft red herring prospectus (DRHP) in August for INR 2,600 Cr IPO. This includes a fresh issue of equity shares up to INR 1,284.5 Cr and an offer for sale (OFS) worth INR 1,315.5 Cr.

This is the logistics startup’s second attempt at a public listing. In 2022, the company planned an INR 4,860 Cr IPO but postponed it later due to bearish market conditions.

Ecom Express competes with the likes of Delhivery, Bluedart, Xpressbees and Shadowfax. 





Source link

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.

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