Smartr Logistics aims to expand biz, double operations to 100 cities in 2022

Smartr Logistics aims to expand biz, double operations to 100 cities in 2022

FPJ Web DeskUpdated: Friday, December 17, 2021, 04:17 PM IST
article-image
Smartr Logistics plans to double its presence to 100 cities with 150 smart service centres and aims to onboard 1500 full time employees, by end of December 2022./ Representative Image of Yogesh Dhingra, MD, Smartr Logistics | Photo: Smartr Logistics

Smartr Logistics, a trademark of Smart Express Private Limited, has decided to double its presence for 2022. The company plans to more than double its presence to 100 cities with 150 smart service centres and aims to onboard 1500 full time employees, by end of December 2022.

Many of these employees will receive attractive ESOP schemes, not prevalent in logistic industry. Smartr Logistics has commenced operations in October 2021, and within 100 days of receiving seed funding, expanded operations in 45 cities with over 65 service centres.

The startup has built a workforce of 600 full time employees. The Seed fund round of around Rs 100 crores was led by IIFL India Private Equity Fund and Smiti Holding & Trading Company (Jalaj Dani family office). Promoter and Founder Yogesh Dhingra, and other co-founders have also participated in this round.

Commenting on the expansion plans, Yogesh Dhingra, Managing Director and Chief Executive Officer, Smartr Logistics said, “We want to break the prevalent myth that “Quality service comes at High Price”. Our goal is to provide best-in-class logistical solutions, customized to the needs and requirements of our customers in a fair and transparent manner. We use Air linehaul with direct connectivity between Origin and Destination for faster transit and minimal trans-shipment and have a 24x7 customer support team to keep an eye on your package till it reaches its destination. That is why we claim that we are the fastest in the industry.”

“We are evolving with every passing day. We have aggressive growth plans while maintaining the service quality at highest levels. Our aim is to reach 100 cities by December 2022 and over 300 cities across India in the next three years,” added Dhingra.

Smartr Logistics has commenced operations with three sets of Air Express products which are Aerex Prime, AerexKargo and AerexeComm. The company is all set to grow in the coming year with a robust strategy to establish a stronghold in the express logistic industry through new-age and reliable solutions.

It aims to provide best-in-class services and plans to launch its ground logistics in 2022 and warehousing solutions for B2B and B2C customers by 2023.

(With inputs from PTI)

RECENT STORIES

Prominent Sectors That Investor Should Have Keen Eye On Amidst Changing Regimes

Prominent Sectors That Investor Should Have Keen Eye On Amidst Changing Regimes

SBI-SG Global Securities Services Pvt. Ltd. Honored With 'Best Road Safety Project Of The Year'...

SBI-SG Global Securities Services Pvt. Ltd. Honored With 'Best Road Safety Project Of The Year'...

Inheritance Tax Row: Estate Tax Was Abolished Just Before Indira Gandhi's Transfer Of Properties

Inheritance Tax Row: Estate Tax Was  Abolished Just Before Indira Gandhi's Transfer Of Properties

Kotak Bank Goes Into Damage-Control Mode After RBI Ban

Kotak Bank Goes Into Damage-Control Mode After RBI Ban

LTIMindtree Closes FY24 With A Strong Order Inflow Of $5.6 Bn; Up 15.7% YoY

LTIMindtree Closes FY24 With A Strong Order Inflow Of $5.6 Bn; Up 15.7% YoY