LogiNext Looks To Build Logistics Intelligence As Traditional Retail Embraces Tech
“While I started working with Deloitte and Manisha joined IBM and garnered experience in retail, transportation, ecommerce, and home deliveries.
This helped us in establishing LogiNext,” Sanghvi said.
As costs for deliveries and returns spiralled up and with limited visibility into the products in transit, India’s first few ecommerce companies were running bloated operations.
As per Statista, India had the fastest growing online retail market in 2019.
But ecommerce is just one slice of the retail market overall.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
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