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Wednesday, April 19, 2017

Myntra acquied logistics startup InLogg

Myntra has acqui-hired logistics startup InLogg, which is operated by InLogg Intenet Pvt. Ltd, to help solve delivery inefficiencies in terms of cost and reach.

Founded by former Flipkart employees Preeti Jain, Hemant Agrawal and Prateek Gautam in 2015, InLogg is an aggregator of logistics vendors providing services to ecommerce and retail companies. It joins hands with courier firms in tier II and III towns to enable delivery services in remote areas.

Also read: MapmyIndia acquired VIDTEQ

Ananya Tripathi head of strategy Myntra said, We have been doing some business with InLogg and the deal will allow us to leverage its reach to enhance our own. While we would see delivery costs going down with InLogg, the time frame to deliver to pin codes in north east and other remote parts will also see a reduction.

As part of the deal, InLogg team has been inducted into Myntra. The two-year-old startup was clocking about 3,000 deliveries a day through its partnerships with about 20 local and regional logistics partners.

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