New Delhi: E-commerce startup Meesho has launched its logistics marketplace Valmo to create India’s lowest-cost supply chain by eliminating entry barriers for local players, the company announced in a press conference on Wednesday.
With Valmo, the company is partnering with micro-entrepreneurs for services including first-mile, last-mile, and sorting centres across the country, thus allowing delivery partners to be located close to users and reduce the time taken for each delivery.
Meesho via Valmo will connect sellers to these microentrepreneurs. The company has built a tech platform to facilitate seamless deliveries and will provide process and operational design as well as control tower capabilities to logistics partners.
Started about a year back, Valmo currently helps manage over 9 lakh orders daily. The logistics marketplace has been extended to about 6,000 pin codes across 20-plus states and onboarded nearly 3,000 micro-entrepreneurs.
Sourabh Pandey, CXO, fulfilment and experience at Meesho said Valmo fulfils about 20 per cent of the e-tailer’s total orders and the company aims to double the contribution over the next 12 months.
Highlighting the benefits of the platform, Pandey claimed that Valmo is about 5 per cent cheaper compared to other logistic solution providers.
Following its seller strategy, he said that Meesho is not charging any commission from the micro-entrepreneurs onboarding Valmo and the logistics cost paid by sellers is passed on to the logistics players.
