Ecom Express, Shadowfax, and Loadshare, backed by Warburg Pincus, Flipkart, and Tiger Global, enter the fast delivery market amid rising demand.
Ecom Express, Shadowfax, and Loadshare are making significant moves into the fast delivery sector, supported by major investors Warburg Pincus, Flipkart, and Tiger Global. This shift is a response to the growing demand for rapid deliveries from direct-to-consumer (D2C) brands and the increasing influence of social media on sales.
The logistics sector is witnessing a surge in fast delivery services, driven by companies aiming to capture the expanding market of urgent order fulfillment. Delhivery is set to enhance its offerings by developing shared dark storefronts to further speed up delivery times.
While companies like Zepto, Blinkit, and Instamart are leading the charge with delivery times of 10 to 15 minutes, Ecom Express, Shadowfax, and Loadshare are focusing on competitive, though slightly longer, delivery windows. Analysts predict significant growth in India’s fast commerce sector, with an expected increase from $5 billion to over $7 billion by 2025, largely driven by grocery sales.
Zomato’s Blinkit has seen a notable 130 percent year-over-year increase in gross order value, highlighting the sector’s rapid expansion. Ecom Express has responded to the rising demand by offering same-day delivery services in tier-I and tier-II cities, leveraging its network of micro-fulfillment centers to meet customer expectations for swift deliveries.