Logistics world
AI-powered logistics platform, Shyplite, has raised USD-one million from N+1 capital to expand into new segments like fulfilment centres and hyperlocal deliveries. Keen to become an end-to-end logistics player, it has committed nine fulfilment centres across India in cities including Delhi, Mumbai, and Bengaluru. Bringing last-mile logistics players like Dunzo, Wefast and Shadowfax and others to its platform to faciltate last-mile and same-day delivery service, it claims to have over 90,000 sellers. Om Logistics has associate with Democracy India Foundation to deliver 5000 oxygen concentrators to hospitals across India to help address onground issues related to the supply of oxygen under the Mission Oxygen initiative. Technology enabled end-to-end logistics solutions provider, Ecom Express, has announced announced an Ecom Cares programme to provide financial and non-financial assistance schemes for its employees and their families to help them tide over the Covid-19 crisis. The schemes include financial assistance, compassionate employment and education for children. Cold-chain marketplace startup, Celcius, has announced receiving qn undisclosed amount of seed funding in a round led by Mumbai-based Eaglewings Ventures Alliance Network (EVAN), MaGEHold, Keiretsu Forum and other investors. It will be utilised to further scale up the partner base, enhance the tech platform and expand geographically.