Snapdeal invests $20 million in logistics firm gojavas

Snapdeal
E-commerce company Snapdeal has invested $20 million in gojavas, a third party logistics player, to strengthen the supply chain ecosystem.

This is the second round of investment made by Snapdeal in the company. Snapdeal’s first investment in gojavas was in March 2015.

Snapdeal has invested $100 million in the last 6 months to improve delivery timelines by 70 percent. It will invest an additional $200 million in the next 12 months to strengthen its supply chain.

Following the earlier investment, gojavas’ reach expanded to 150 more cities. gojavas currently delivers to 350 cities up from 150 cities pre-partnership.

They introduced last mile solutions like card-on-delivery, 90 minutes reverse pick up and 4 hour delivery services and have set new benchmarks in the industry in supply chain and logistics.

“The company’s average timeline for delivering Snapdeal orders has reduced by 24 hours in the last 6 months and our teams have worked closely to come up with highly innovative solutions that are further enhancing customers’ shopping experience on Snapdeal,” said Rohit Bansal, co-founder of Snapdeal.

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