Home » Business » Finance » Ecom Express: A Logistics Startup That Grew Its Revenue from INR 73 lakh to 150 Crores in Just 2 years
Last updated: December 15, 2015 at 14:36 pm

Ecom Express: A Logistics Startup That Grew Its Revenue from INR 73 lakh to 150 Crores in Just 2 years

ECom Express Startup Performance Trak white band-002

Astronomical growth in the e-commerce sector in India in the past 5 years or so, has led to the birth and steep rise of ‘e-commerce focused logistics’ segment. Companies in this segment are attracting tremendous investor attention. The e-commerce industry in India is poised to grow further and penetrate deeper into Tier-II and Tier-III cities, which will definitely pave a path of high growth for the ‘e-commerce focused logistics’ segment.

Ecom Express is one of the key players in this segment. Ecom Express Private Limited, which owns and operates Ecom Express, is a logistics solution provider which caters solely to e-commerce logistics. It was co-founded by T. A. Krishnan, Sanjeev Saxena, K. Satyanarayana and Manju Dhawan in 2012.

The company specializes in pre-paid, cash on delivery, cash before delivery, drop-shipping and reverse logistics services. It also provides value added services like same day delivery, special delivery location, Sunday pickup/delivery service to its customers. The major e-sellers using its platform include Amazon, Flipkart, Snapdeal and Myntra.

In just a span of three years, Ecom Express’ revenue figures have grown 200 times from INR 73 lacs in FY 12-13 to INR 151 crores in FY 14-15 (refer to the chart below). However, it has reported a loss of INR 49 crores in FY 14-15.


Company’s expenses seem to be split across two major heads – Employee expenses and Cost of freight. While employee expenses almost quadrupled from the previous fiscal, cost of freight became five times.


Ecom’s major competitors include Delhivery, GoJavas, DotZot, among others. As per various news articles, Delhivery, based in Gurgaon, had raised Series D funding of $85 million from Tiger Global Management, this year and GoJavas raised $20 million from Snapdeal in October.

As per the documents obtained from the Registrar of Companies, Ecom Express had raised INR 280 crores (nearly $45 million) in June this year from Warburg Pincus (a much higher number was floating around in news article). They had raised an earlier round of INR 80 crores from Peepul Capital in August, 2014. The company aims to use these funds to expand to 450 cities across India by March 2016.

Investor Date of Raising Funds Amount Raised
Peepul Capital Find August, 2014 INR 80 crores
Warburg Pincus June, 2015 INR 280 crores

The E-commerce industry in India is still in its initial phase with major players like Amazon and Flipkart registering double digit growth year-on-year. Logistics, being an allied industry, is also expected to grow in tandem, in coming years. In turn, these players will also determine the success of e-commerce players by coming up with innovative solutions to cater to Tier-II and III cities.

[About the AuthorsVishal and Anchal form the team that runs the Tofler blog. They like to explore and track companies, their performance and senior management. Tofler (tofler.in) is a Business Research Platform.]

"Ecom Express: A Logistics Startup That Grew Its Revenue from INR 73 lakh to 150 Crores in Just 2 years", 5 out of 5 based on 4 ratings.

Add Comment

Click here to post a comment

Indian Startup Funding Investment Chart List 2016

Check out our Youtube Channel!

Bharat QR Code Launched - Everything You Wanted to Know!

In a major push for seamless cashless transactions, Govt. of India has launched Bharat QR Code, whic…

WhatsApp's New Snapchat-like Status Update, Disappearing Video & Photos

The instant photo and video sharing app Snapchat took over the market by a storm because of a simple…

Full Details: Jio Prime Benefits, 100 Million Subscribers & Offers

Mukesh Ambani today announced Jio Prime which offers users benefits for over a year. Here is everyth…

जिओ ची नवीन धमाका ऑफर, जिओ प्राईम मेम्बरशिप ,१० कोटी ग्राहक आणि बरच काही

जिओ ने आज नवीन scheme सादर केली, ज्या मध्ये …

Subscribe to Our Youtube Channel

who's online