B2B retail tech startup Arzooo forays into logistics with an investment of $2 million

• Arzooo's new logistics service will help them to improve its serviceability, delivery speed, expanding to pay on delivery (POD) option to a larger network.
• Last month, The B2B retail tech startup had raised $6 million in funding from Trifecta Capital.
• In the first phase of its launch, Arzooo Express will be operational in 10,000 pin codes across the country.

Bengaluru-based B2B retail-tech startup Arzooo today announced the launch of its in-house logistics firm Arzooo Express with an initial investment of $2 million (about Rs 15 crore). The announcement comes almost a month after it raised $6 million in funding from Trifecta Capital.

Arzooo's new logistics service will help them to improve its serviceability, delivery speed, expanding to pay on delivery (POD) option to a larger network of customers, along with improving the efficiency of its supply chain operations, the statement said.

Arzooo Express will manage complete logistics from first-mile service to last-mile delivery of goods for its partner stores across the country, it said.

In the first phase of its launch, the logistics firm will be operational in 10,000 pin code across the country with a fleet of trucks. By the end of 2021, The startup aims to increase its visibility to over 20,000 pin codes across the country.

Initially, Arzooo Express will be serving Arzooo's customer base. The startup also plans to expand Arzooo Express as a third-party service provider in the near future, the statement added.

Commenting on the development, Khushnud Khan, Co-founder & CEO of Arzoooo, said, "We aim to deliver a level of service for our retailers that’s 2x faster in speed and reliable when it comes to the turnaround time but with a fragmented network of logistics ecosystem with limited capabilities to handle large appliances it is hard to achieve the speed and quality of service.”

Arzooo is a business-to-business (B2B) retail tech startup founded in 2018 by Ex-Flipkart colleagues and IIT Kharagpur alumni, Khushnud Khan and Rishi Raj Rathore. The startup helps its partnered stores and businesses address their persistent problem of inventory selection, product pricing, inventory management, sourcing, and supply chain.

Also Read: B2B Retail Tech Startup Arzooo Raises $7.5 Million From US-Based WRVI Capital

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