One April evening in 2012, TA Krishnan was having a convivial dinner with Sanjeev Saxena, K Satyanarayana and Manju Dhawan. They were colleagues at Blue Dart, the express industry major, and had worked together to conceptualise, launch and run its service for ecommerce players. Launched in December 2009, it had been a resounding success, making Rs 100 crore in revenue in the first year itself, helping Blue Dart stave off a potential crisis. (The economic crisis of 2008 had been a serious blow: Twenty-six percent of Blue Dart’s revenue came from deliveries to banks and financial institutions.)
(This story appears in the 18 September, 2015 issue of Forbes India. To visit our Archives, click here.)
As per expert opinion, during F.Y. 16-17 the e-Commerce business will be of approximately Rs 2.5 lakhs crore and 52% of the total business shall be COD. Hence I hope Ecom Express Pvt. Ltd. will definitely do exceptionally well.
on Jan 13, 2016I want to become your delivery partner
on Nov 8, 2019