Ecom Express News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Extreme summer heat, rising absenteeism, and productivity loss have led to a high demand for last-mile delivery and warehouse personnel in India. About 2,000 delivery personnel are dropping off daily in quick commerce and 5,000 in food delivery, with an estimated 2.1-2.2 lakh people needed for replacement hiring daily. The monthly attrition of riders, warehouse staff, pickers, packers, and loaders is at a high of 30-40%.

In a strategic move poised to transform the logistics landscape in India, Ecom Express, a Delhi NCR-based company, is launching a pilot project to deliver packages using drones.

Logistics firms are seeing an increase in e-commerce orders from tier-2 towns and beyond as more people in those markets start shopping online.

Happy Thursday! SaaS startup Innovaccer is in discussions to raise funding at a flat valuation of $3 billion. This and more in todays ETtech Morning Dispatch.

Ecom Express's FY23 revenue rose 20% to Rs 2,548 crore, but with a widened loss at Rs 375 crore due to increased total expenses. Courier services revenue exceeded Rs 2,300 crore.