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          Newsws


         Shiprocket live on ONDC, enabling first-

         ever inter-city logistics across India



            hiprocket, which services   consumers through the length
        S1,00,000+ sellers across     and breadth of the country,
         24000 pin codes across India,   with both cash-on-delivery as
         has gone live on ONDC.       well prepaid shipping facilities
           The first successful       available to the customers.
         transaction was fulfilled on   The development expands
         22nd October 2022. Shiprocket   ONDC's footprint from
         is the first inter-city logistics   hyperlocal logistics to inter-
         provider to plug into the ONDC   city shipping across India,
         network, enabling sellers from   enabling products to be picked
         all segments to ship products   up and delivered from all
         to cities and towns across   corners of India, while also
         India. Shiprocket will enable   allowing small retailers and
         sellers on ONDC to select a   sellers to choose the most
         trusted delivery partner to pick   viable delivery partner for
         up their products from 24000   each order and ensure high-
         pin codes across India and   quality delivery service to their
         enable them to ship them to   customers.


                                                         Shadowfax partners with Shiprocket
           B2B e-commerce firm                           for same-day and next-day deliveries

           Moglix acquires ADI's India                     hadowfax Technologies,       Praharsh Chandra, Co-
           distribution business                         SIndia's largest             founder & Chief of Operations
                                                         crowdsourced third-party     at Shadowfax Technologies,
            ndian B2B e-commerce and digital             logistics platform for last-mile   said, "Speed has always been
           Isupply chain solutions company Moglix        delivery, has partnered with   the core of our business
           announced the acquisition of ADI's India      Shiprocket to facilitate same-  and we are delighted to
           distribution business to spread its arms      day and next-day deliveries   partner with Shiprocket to
           further into industrial goods distribution.   for D2C brands like boAT,    facilitate same-day and next-
                  ADI's India business represents        Mamaearth, and MyGlamm.      day deliveries. Our strong
                      the Indian distribution arm of       The service will be enabled   e-commerce and hyperlocal
                        ADI Global Distribution, a       in the top 20 cities in India by   network across the country
                          leading global wholesale       the end of this year post and it   gives us the perfect platform
                           distributor of security,      will be strategically scaled up   to provide cost-effective
                            AV and low-voltage           to further parts of the country.   express logistics solutions to
                            products, which is part      Shiprocket intends to leverage   D2C brands who are currently
                            of Resideo Technologies,     Shadowfax's large hyperlocal   unable to avail of these."
                            Inc.                         fleet presence across the top
                             Moglix has acquired         cities of India.
                          ADI's India distribution
                        business to strengthen its
                      product portfolio across video
                  surveillance, access control and fire
           control products. Moglix will integrate all
           ADI India's offerings, sales partnerships,
           on-ground assets and workforce into its
           global supply chain ecosystem. With this
           acquisition, Moglix is leveraging the capital
           and expertise to further scale up the
           assortment strength, and category depth of
           the company's catalogue by 2X.


     44  November - December 2022                                                                        www.itln.in
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