Ecom Categorical Ltd., the B2C e-commerce logistics options supplier plans to take a position a complete of round ₹700 crore in know-how to spice up efficiency, as per filings by the corporate with market regulator SEBI.
The corporate plans to take a position ₹312.94 crore in enhancing technological and knowledge science capabilities together with cloud infrastructure in computer systems and knowledge know-how tools
It proposes to utilise ₹387.44 crore in direction of funding capital expenditure in direction of set-up of recent processing facilities with automation and new fulfilment centres.
Because the e-commerce market in India evolves and matures, pushed by expansions in classes and enterprise fashions akin to marketplaces, D2C, and fast commerce, the corporate is aiming to develop into adjoining and complementary providers.
The corporate promoted by Kotla Satyanarayana, Manju Dhawan, Kotla Sridevi, Kotla Rathnanjali, Eaglebay Funding Ltd and PG Esmeralda Pte. Ltd, has a strategic give attention to automation, know-how integration, and an asset-light enterprise mannequin, all of which contribute considerably to its operational success.
One of many key pillars of Ecom Categorical’s operational effectivity is its intensive automation, as per trade officers. As of FY2024, the corporate has established 33 automated sortation stations throughout the nation.
These amenities are essential in processing and sorting giant volumes of parcels with excessive accuracy and velocity, considerably decreasing handbook intervention and the danger of errors.
Printed – September 20, 2024 11:02 pm IST
