Daybreak cover image

Daybreak

India’s second-largest logistics player is hurting after putting all its eggs in one basket

Dec 12, 2024
India's third-party logistics sector faces turmoil as Meesho shifts gears, launching its own logistics arm, Valmo. This transition puts immense pressure on partners like Ecom Express, who have relied heavily on Meesho's success. The podcast delves into Ecom Express's stagnating growth amid fierce competition and operational challenges. It reveals how dependence on one key player can destabilize business models in the fast-evolving e-commerce landscape. The future is uncertain as logistics companies scramble to adapt.
14:06

Podcast summary created with Snipd AI

Quick takeaways

  • Ecom Express's over-reliance on Meesho for revenue has left it vulnerable after Meesho launched its own logistics service, Valmo.
  • Efforts by Ecom Express to diversify its services and reduce dependency on Meesho have yielded minimal success amidst a competitive landscape.

Deep dives

Misho's Shift to In-House Logistics

Misho's decision to launch Valmo, its own in-house logistics service, has created significant tension in the third-party logistics industry, particularly impacting Ecom Express. Previously, Ecom Express relied heavily on Misho for a substantial portion of its revenue, with over half of its operational income linked to this single client. As Misho transitions to managing logistics internally, it has already moved over a third of its order volume through Valmo, putting Ecom Express's core business model under threat. This development comes at a critical time for Ecom Express, which is preparing for a second attempt at an IPO amid increasingly challenging market conditions.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode