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Zomato reported a 58 percent increase in adjusted revenue at Rs 5,746 crore for the third quarter ended December 31,2024 on 57 percent increase in gross order value (GOV) at Rs 20,206 crore.

#zomato #blinkit #quickcommerce #ecommerce #operations

Zomato Q3FY2025 adjusted revenue up 58%
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Zomato Q3FY2025 adjusted revenue up 58%

Quick commerce (Blinkit) saw revenue more than double to Rs 1,399 crore.

Federal Express Corporation (FedEx) has launched FedEx Surround in India, an advanced monitoring and intervention solution for supply chain management.

#fedex #fedexsurround #india #supplychain #logistics #smartlogistics

FedEx Surround launches in India to drive smart logistics
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FedEx Surround launches in India to drive smart logistics

FedEx Surround monitoring and intervention suite offers three service levels - Select, Preferred and Premium.

Powerhouse Ventures led a $1.72 million seed funding round for ProcureYard, a B2B commerce platform for raw materials. The round also saw participation from Java Capital, 2am VC, Abhishek Goyal, co-founder of Tracxn, and Rajesh Sawhney, founder of GSF.

#procureyard #b2b #supplychains #logistics #powerhouseventures #construction

ProcureYard raises $1.72M, turns profitable within 18 months
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ProcureYard raises $1.72M, turns profitable within 18 months

The company has achieved an Annualised Revenue Run Rate (ARR) of Rs. 300 crore.

With the whole world talking about the Israel-Palestine ceasefire announcement, it’s expected that supply chain stakeholders will be eyeing any immediate impacts to now well-established routing past the Cape of Good Hope.

#eesea #redsea #capeofgoodhope #israel #palestine #cmacgm #houthis #premieralliance #geminicooperation #suezcanal #shipping

Who will return first to the Suez Canal?
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Who will return first to the Suez Canal?

It’s far too early to expect any formalised changes in the next few weeks: eeSea.

Borzo (formerly known as WeFast) a global intracity delivery service has introduced a flexible and convenient “End-of-Day” delivery, “addressing the growing demand for flexible and economical logistics solutions.”

#borzo #ecommerce #logistics #mumbai #delhi #bengaluru #hyderabad #logisticssolutions

Borzo launches end-of-day delivery service
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Borzo launches end-of-day delivery service

The Borzo same-day end-of-day delivery service is now available across Mumbai, Delhi, Bengaluru and Hyderabad.
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Indian Transport & Logistics News (ITLN), a STAT Media Group publication, is a bi-monthly magazine reporting on and for the transport and logistics industries of the Indian subcontinent.