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The logistics sector earned infrastructure status in 2017 when its market size was estimated at $160 billion. According to IBEF, the Indian logistics market was expected to reach $215 billion by 2020, logging a 10.5 percent CAGR over 2017.
Founded by IIT graduates Rhitiman Majumder, Gaurav Mangla, and Ankit Kaushik in August 2015, Pickrr aggregates various logistics players in the country, delivering to more than 26,000 pincodes and adding more every day.
Pickrr uses artificial intelligence (AI) and machine learning (ML), specialising in air express, surface express, fulfilment and warehousing, and reverse logistics. Some of Pickrr’s clients include Bosch Household Appliances, Snapdeal, DenSnapdeal, 1mg, Bombay Shaving Company, Shopify, and Archies, among others. On the logistics side, it has partnered with Delhivery, Xpressbees (BusyBees Logistics Solutions Pvt. Ltd.), BlueDart, DTDC, Ecom Express Private Limited, FedEx, and Shadowfax, among others.
Currently, the logistics startup processes more than 50,000 orders per day; they are managed by a team of 24 employees.
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With partners like Delhivery and Shadowfax, Delhi-based startup Pickrr is simplifying logistics
The logistics sector earned infrastructure status in 2017 when its market size was estimated at $160 billion. According to IBEF, the Indian logistics market was expected to reach $215 billion by 2020, logging a 10.5 percent CAGR over 2017. However, the sector continues to remain highly fragmented and unorganised.
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