For direct-to-consumer (D2C) brands and e-commerce businesses, the Christmas season is crucial because it presents a chance to boost sales and position themselves as top picks for holiday shoppers. But the rush of orders that come with the holiday shopping can put pressure on courier partners.
The challenges are much more severe for micro, small, and medium-sized firms (MSMEs) involved in international imports. These difficulties include arranging direct flights, setting up strategically placed warehouses at major international shipping hubs, and completing customs clearance quickly.
Founded in 2018, NimbusPost is a logistics company based in Gurugram that employs automation, machine learning, and artificial intelligence to streamline operations for merchants.
Tech-enabled shipping aggregator NimbusPost, which focuses on China, Hong Kong, South Korea, and Singapore, has introduced import services from Far Eastern countries to India, realizing the need for effective supply chain management. These services are all accessible through NimbusPost’s SaaS-based platform. To further increase its worldwide footprint, the company plans to strategically expand into the logistics markets of the US, Australia, Singapore, Dubai, and other Southeast Asian nations.
Founded in 2018, NimbusPost is a logistics company based in Gurugram that employs automation, machine learning, and artificial intelligence to streamline operations for merchants. Through an innovative courier recommendation engine, its AI-powered shipping platform helps customers find the best courier solutions. To help lower the return-to-order (RTO) rate by acting quickly on non-delivery reports, they also provide an enhanced non-delivery report (NDR) panel. The company gives small and medium-sized enterprises (SMEs) the option to select origin or destination clearance.
The company gives small and medium-sized enterprises (SMEs) the option to select origin or destination clearance.
NimbusPost hopes to seek $20 million in finance this fiscal year and has obtained $3 million in strategic capital from logistics unicorn XpressBees, based in Pune. In addition to SaaS payments, cost arbitrage is how the business makes money. NimbusPost reported revenue of Rs 116 crore for FY 23, compared to Rs 55 crore for FY 22.
By the end of this fiscal year, it hopes to have reached a run rate of Rs 500 crore. It now reports an average monthly revenue run rate of Rs 300 crore. With ground operations in Indonesia, the UK, and India, the company has a shipping network that spans 196 countries and over 29,000 postal codes in India. According to the company, it has over 100,000 business users and collaborates with 27 courier and logistics companies.