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dailylogistics · 2 years
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2022 — a review of Indian logistics & 2023 -an outlook
What changed in the Indian supply chain/warehousing/tech space in 2022?And what’s in store for 2023? Here’s a look
“The change actually began towards the end of 2021,” says DeveshGangal, CountryMarketing Manager,Borzo India. “We took abig step in unifying ourglobal brands under asingle umbrella, Borzo.Our goal for 2022 wasoperational synchronicityglobally as well as integrating operations of other acquired entities.
“The rebranding of Borzo was a global campaign as a part of the group’s growth strategy. Before this, companies in our group were operating under different names and we thought it was the right time to streamline our operations, especially when the world is witnessing a surge in on-demand deliveries.
“The re-branding exercise was conducted to integrate the company’s brand perception across all countries under a single brand name to help the company optimise its marketing resources and build a universally recognizable global brand. Now, the company operates in India, Brazil, Indonesia, Malaysia, Mexico, the Philippines, Turkey and other countries under the same brand name.”
Borzo (erstwhile WeFast) had raised $35 million in August 2021 in a Series C funding round as part of its growth strategy, the company. Its investors include Mubadala, VNV Global, Flashpoint Venture Capital and others.
Devesh Gangal, Country Marketing Manager, Borzo India
Borzo strengthened its services by adding 18,000 courier partners in May, “and then again, to cater to the festive demand, another 4,000 were added to the workforce,” says Gangal. “This only shows that the market has bounced back since early 2022 and the demand was at pre-Covid levels. Over the year, we have acquired a sizable B2B customer base and will look to focus on SMEs in the coming year. We will be focusing on doing what we do best, plugging our services effectively by assisting companies across sectors to keep their consumers happy.
“Our aim will be to add more cities in our delivery radius particularly tier-II and tier-III cities and strengthen our workforce to enable more deliveries in 2023. We will also be looking to strengthen our delivery team and services for the B2C segment by enabling more hyper-local deliveries as we expect our hyper-local initiatives to drive growth in 2023.”
“If you keenly observe the segment, you will realise that Borzo is probably one of most capital efficient companies so far,” says Gangal. “So, because of our technology, because of the marketplace which we are building, we do not burn that much and I think this is one of our competitive advantages right now. Since the beginning, we have based our business model on SMEs and we will look to occupy a larger market share there while also eyeing the hyperlocal segment and catering to the B2C audience in optimised ways as we are already doing. With better products and service, Borzo has been able to hold a good market share and will continue to expand despite heavy competition.
“On the tech-front, we are building anti-fraud algorithms to enhance security which will be rolled out soon via the app update. We are also continuously updating our app to resolve bugs and provide a smooth user experience to the users.”
Borzo recently expanded its full-fledged services to Pune and are expecting a 10% contribution to revenue from Pune in the next one year. “”We are operating in 14 cities, and are looking to expand to about 20 cities by mid-2023. We are also looking to introduce new modes of delivery which will propel our overall growth,” concludes Gangal.
Source: https://www.itln.in/logistics/20222-a-review-of-indian-logistics-2023-an-outlook-1347585?infinitescroll=1
Website: https://borzodelivery.com/in
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handmadebycatkin · 2 years
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Next market date: Queanbeyan markets June 19th! Come and visit our stall 😊👋 #marketscanberra #marketstalls #market #marketstall #queanbeyan #queanbeyanmarkets #canberrahandmade #canberraevents #canberrashopping #canberramarket #handmadeinaustralia #handmadeau #handmadecanberra #handmadeincanberra #handmadebycatkin #motherdanddaughter #smallbusinesscanberra #canberrasmallbusiness #canberralocals #countrymarket #countrymarketcrafts #countrymarkets #localmarket (at Ngunnawal Country) https://www.instagram.com/p/CeLNmpVLssQ/?igshid=NGJjMDIxMWI=
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citytop10 · 4 years
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@goatsontheroof 🏠🐐❤ Coombs Old Country Market 📸 @dougclementphotography . . . . . #coombsbc #vancouverisland #goats #animals #market #iconic #goatsontheroof #countrymarket #roadtrip #explorecoombs https://www.instagram.com/p/CEYMtoMjhFn/?igshid=1wlr9ji1wzula
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ybechgyn · 5 years
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MORNING/BORE DA - Hope you all slept well, ITS FRIDAY 🥰. Well the first loaves are already cooling for the Country Market. The regulars have already placed an order for collection but we still have some for sale on the Market from 10am to 2pm in the Porth Hotel Also available - Gluten Free Carrot Cake, Sourdough Chocolate Cake and Iced Sourdough Light fruit Cake. All delicious and calorie free (well mostly ahem!) 🥴#sourdough #tgif #llandysul #madeinllandysul #supportlocalbusiness #countrymarket #ybechgyn (at Y Bechgyn) https://www.instagram.com/p/B5uLSU7psgd/?igshid=1bt94lqxs7d4p
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myherbclinic · 5 years
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We are here @maudslandmarket come and say hi 😊👋 #myherbclinic #celestial #celestialoils #maudslandmarket #maudsland #oxenford #farmersmarket #countrymarket #craftmarket #shoplocal https://www.instagram.com/p/B5gf2vdnvFJ/?igshid=1jjbve7by0uy
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enchantedviolin · 5 years
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Happy Halloween 🎃 #pumpkin #pumpkins #squash #squashes #homegrown #countrymarket #farmersmarket #halloween #happyhalloween (at Wilmington Memorial Hall) https://www.instagram.com/p/B4R4bFCjKmx/?igshid=nta5ul89f3hz
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lemming28 · 5 years
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River Road Country Market . . . #riverroadcountrymarket #garlicfarm #countrymarket #explorecanada #oliverbc #fortheloveofgarlic #locallygrown #garlicislife https://www.instagram.com/p/B3-a-xWpHLw/?igshid=xeh42ogsf84m
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justasplashofcolour · 5 years
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All ready for my first solo market tomorrow at RED CLIFFS! Check my story/Facebook for where I'll be set up! - - - - - #tiedye #tiedyeshirt #rainbow #mildura #milduraliving #JustaSplashofColour #handmade #etsy #market #countrymarket #redcliffs (at Mildura, Victoria) https://www.instagram.com/p/B10GF7FhWmZ/?igshid=1c5v1riih0lau
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emilyjohnsonfineart · 7 years
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Finished personalising my lovely crates. Ideal for storage and display at all my shows! #gettingorganized . . @ikeauk #ikea #craftshow #countrymarket #show #craftfairs #getcrafty #upcycle #personalised #unique (at Rodley, Gloucestershire)
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screaminonionz · 5 years
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Yep.... Screamin’ Onionz are on the shelf at Cornwall Country Market in Cornwall Bridge, CT. Thanks y’all for supporting our local biz. . And what’s better, they have Screamin’ Onionz at the deli, so order up and ask for Onionz. . . . . #screaminonionz #onionzon #localbusiness #grocerystore #countrymarket #connecticut #ctbites #ctfood #farmstore #farmmarket #wholefoods #plantbaseddiet #saladrecipe #onion #onions (at Cornwall Country Market) https://www.instagram.com/p/BzdJKAvBNB6/?igshid=e7o3er4rogf6
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sukiesoriginal · 5 years
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I'll take the new eucalypt cushion to the Moyston Easter Market, but if no-one else snaps it up, I think it's going back on my couch. The pink'n'purple vintage sheet patch cushion will.also be available- hopefully I'll find some time to finish some more by Easter Saturday. 🤞🏻#cushions #accessories #homedecor #upcycle #vintagetextiles #eucalypts #florals #moyston #grampians #moystoneastermarket #market #countrymarket (at Moyston, Victoria, Australia) https://www.instagram.com/p/BwAx5RZFBtK/?utm_source=ig_tumblr_share&igshid=kihfk2ehq2eu
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denisehlabel · 6 years
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@cjsbishop @ginny_andersen @raywallace - the latest #scarecrows to come out for a #meetngreet in #wainuiomata for #ruralfest - check out our Facebook page @ruralfestwainuiomata on Facebook - register for the #sandsaucer #backoff and #tugofwar and more at our website www.ruralfestwainuiomata.com #ponyrides #pettingzoo #countrymarket #dogagility and #dogibedience #artexhibition and much more - this Saturday 9th March 11 -3 (at Wainuiomata) https://www.instagram.com/p/BulPe4cFdUg/?utm_source=ig_tumblr_share&igshid=1g3mehwvx5g63
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jacks-corner-blog · 7 years
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Hey everyone! 🤗 If any of my locals want to find that beautiful Fall Festival Outfit 🍁I will be at Snow's Country Marketplace tomorrow from 10-4. ❤️🎉🎃 All my online shoppers🛍 will also have a chance to shop with FREE shipping!!! 🎉 I will post a live video and also I will have outfits throughout the day 👻🍁😍 that you can choose from... Sunday is Funday!! 💕#popupshop #lularoe #lularoepopup #tennessee #citrus #citruscounty #ladylake #lularoemom #shopping #countrymarket #fallclothes
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ybechgyn · 5 years
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MORNING/BORE DA - Hope you all slept well, ITS FRIDAY 🥰. Well the first loaves are already cooling for the Country Market. The regulars have already placed an order for collection but we still have some for sale on the Market from 10am to 2pm in the Porth Hotel Also available - Gluten Free Carrot Cake, Sourdough Chocolate Cake and Iced Sourdough Light fruit Cake. All delicious and calorie free (well mostly ahem!) 🥴#sourdough #tgif #llandysul #madeinllandysul #supportlocalbusiness #countrymarket #ybechgyn (at Y Bechgyn) https://www.instagram.com/p/B5uLSU7psgd/?igshid=1bt94lqxs7d4p
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crazy1too-blog · 7 years
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I will have a booth at @vintageandvinesmarket, it is in just over a month, put it on your calendar folks! ... #YYCevents #vintageandvinesmarket #countrymarket #localartisans #strathmore #shopstrathmore #shoplocalyyc #shoplocalstrathmore #paintedfurniture #vintagefurniture #oneofakind #creativemoments1 #homedecor #vintagehomedecor #rusticdecor (at Rocking R Guest Ranch)
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tristiane · 7 years
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Today's Flowers from the Country Market, Penzance. #fridayflowers #shoplocal #countrymarket #summerincornwall #summerflowers #gratitudeforsmallthings (at Penzance, Cornwall)
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