wordpress blog stats
Connect with us

Hi, what are you looking for?

Locker for logistics provider QikPod raises $9M; Will Flipkart’s offline centres help?

QikPod, a startup which aims to set up a network of fully automated self serve lockers in residential buildings, offices, cafes and kirana stores for delivery of goods ordered from e-commerce companies, has raised a little over $9 million (Rs 60 crore) from Foxconn, Accel Partners, Flipkart and Delivery, reports ET. The Bangalore based company will use the funds to build its automated lockers, for hiring and technology. Launched by Ravi Gururaj this year, QikPod is building an internet of things (IoT) logistics platform which aims at improving efficiency, convenience and security of last mile delivery operations. QikPod will also come into play while returning ecommerce orders. It will combine the IoT lockers (provided by Foxconn) with a logistics system on the backend, which will handle one third to half of the parcels shipped across India’s metros. It plans to build a parcel locker network of over 50,000 lockers across metro cities in the country. The service is apparently free for consumers and sites which can install and host a locker, and will charge courier companies per use. Gururaj told ET that QikPod will help in reducing carbon emissions through shorter and fewer delivery routes. For example, for Flipkart and Delhivery, QikPod will lessen or avoid the costs of re-delivering a package when its customers are not present at the time of delivery, while for Delhivery, it could push up to 10% of its shipments through the parcel network. The lockers will be have a host of sensors and cameras…

Please subscribe/login to read the full story.
Written By

I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ