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FabFurnish launches logistics arm FabOne; Operational in 7 cities

Rocket Internet-backed online furniture retailer FabFurnish has launched a shipping solutions provider called FabOne, reports PTI. The report mentions that FabFurnish will be investing $15 million over the next 6-9 months to expand FabOne. FabFurnish co-founder & MD Mehul Aggarwal told the publication that the reasons for launching a logistics arm was to "cut down on delivery cost and to ensure a greater customer experience." It's worth noting that FabFurnish co-founder Vikram Chopra had told Medianama, earlier this year, that 30% of their sales comes from tier 2 & 3 cities and the number is only increasing. Since reach of third-party courier companies is still limited in these centres, the decision to launch an in-house logistics arm seems like the next best alternative. Apparently, the company has already invested $5 million to set up warehouses in Gurgaon, Bengaluru, Mumbai and one other…

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