Bengaluru, 7 February 2024: In an effort to democratise India’s logistics landscape, Meesho, India’s only true e-commerce marketplace, launches ‘Valmo’ which stands for VALue+MOvement. Through Valmo, Meesho aims to redefine India’s supply chain by leveraging its strong technology capabilities and tapping into a vast logistics entrepreneur network to deliver shipments at the lowest cost.
After successfully democratising e-commerce for millions of consumers and sellers in the country, Meesho is now leveraging this strength for a similar opportunity in the logistics sector. In India, logistics and supply chain remain largely unorganised, consisting of several regional players who serve limited geographies. By partnering with fulfilment centres across the country, Valmo aims to create a national logistics solution by eliminating entry barriers for local players and helping them grow their businesses.
With a vision to create a cost-efficient supply chain, Valmo offers a well-thought-out and efficient network, strategically designed to optimise the delivery process. The company has built disaggregated network nodes, including first-mile, last-mile, and sorting centres across the country. This also allows delivery partners to be located close to users, thereby reducing the time taken for each delivery. This comprehensive approach to handling logistics, addressing key aspects of the delivery chain, optimises both affordability and convenience while enhancing the overall delivery experience. The company is building technological capabilities internally as well as with SaaS providers to facilitate the seamless handover of shipments through the disaggregated network. Meesho has also collaborated with leading logistics companies including ElasticRun, FarEye, LoadShare and Shipsy to develop these technological solutions.
“Valmo is our bold step towards democratising logistics in India, representing our unwavering commitment to providing the best supply chain service while optimising operational processes. We wanted to create an efficient, cost-effective logistics ecosystem that empowers local players and contributes to job creation. This initiative underscores our steadfast commitment to furthering digitization and fostering inclusivity in India’s logistics industry. Valmo also aligns seamlessly with Prime Minister Modi’s National Logistics Policy, contributing to the reduction of logistics costs while optimising supply chains, and creating jobs.” said Sourabh Pandey, CXO, Fulfilment & Experience at Meesho.
Valmo currently helps in managing 9 lakh+ orders on a daily basis which accounts for nearly 18% of 3P e-commerce shipments in India. Further, Valmo has expanded its reach to include ~6,000 pin codes across 20+ states. Nearly 3,000 micro entrepreneurs who act as business partners ensure smooth functioning of these operations. This initiative has helped generate 35,000 indirect jobs through sustained engagement with these local partners. Meesho continues to work with leading third party logistics providers such as Delhivery, Shadowfax, Xpressbees, Ecom Express, among others.
In 2009, Mazid Ali kicked off his professional journey as a delivery associate, navigating the streets on a cycle to deliver packages. Fast forward to February 2023, and Mazid ventured into a new chapter by establishing his own last-mile hub with Valmo. Despite facing unique challenges due to being differently-abled, Mazid has emerged as a standout performer, consistently earning recognition for his dedication and commitment. Currently based in East Delhi, Mazid efficiently manages a team of 25 riders.
With a relentless dedication to empowering small businesses, Meesho is now even more poised to play a pivotal role in digitising small businesses and nurturing an ‘Atmanirbhar Bharat’- a self-reliant India.
