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Binny Bansal onboarded BlackBuck as Board of Directors to strengthen Flipkart Logistics

Flipkart’s another move to strengthen its logistics arm, Binny Bansal onboarded BlackBuck as board of Directors

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One of key element to sustain long term development and gain an upper hand in ecommerce is, logistics. Two of the main ecommerce player Amazon and Flipkart are taking up newer initiatives in technology to lead the ecommerce segment with a flawless and scalable logistics. To further fuel Flipkart’s aspiration to lead the logistics Flipkart has invested in two of the Startups viz Qikpod (earlier) and BlackBuck (now).  Qikpod delivers parcels to your nearest Qikpod hub (a storage unit or locker which stores your ecommerce parcels) where you could collect your parcel by entering OTP at your convenience.

Sneak Peek into Blackbuck Idea of Logistics

BlackBuck is an online marketplace platform shippers and fleet operators to engage. They help both the shipper and fleet operator in price discovery, route optimization, in-transit tracking and timely delivery assurance. The company was founded in the year 2015. BlackBuck is revolutionizing freight by making it a seamless experience for shippers and fleet operators.

There area of operation deals with freight items bigger in size and in volume and they offer trucks and containers, mainly on their platform. With this association, and Binny Bansal joining the board, it is expected that Flipkart shall be looking in to move its freight through smaller players, utilising the technology integrated marketplace developed by BlackBuck.

Flipkart has recently invested $460 million in its logistics arm Ekart to make operations more challenge free and at par with the International Standard. On the other hand Amazon is looking forward to bring drones in India and has filed a patent to obtain exclusive rights on multi-scale fiducials. Read More

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