Velocity, one of India’s D2C enablers, has presented Shipfast, an arrangement outlined to help direct-to-consumer (D2C) businesses offer faster deliveries through their claim websites. With 4-hour, same-day, and next-day shipping choices, Shipfast empowers quicker order fulfillment whereas reducing operational overheads.

While D2C brands have seen noteworthy development on quick-commerce stages like Zepto, Blinkit and Swiggy’s Instamart, numerous are choosing to own the client journeys end-to-end by encouraging faster deliveries through them possess websites to avoid high commissions. One persistent challenge, however, has been the shipping encounter. Delivery delays, long issue determination times and need of exact following, frequently lead to client disappointment, affecting brand loyalty.

To address these pain focuses, Shipfast has reimagined shipping workflows with its coordination accomplices to optimize for quicker conveyances. It moreover incorporates a mix of inside early-warnings for delivery roadblocks, along with restrictive AI operators to guarantee consistent conveyances. 

“Velocity’s mission has continuously been to control the development of D2C brands in India. Shipfast is a common step in our advancement. Whereas get to capital drives 40-50 per cent growth for D2C brands, quicker conveyances can open an extra 30-40% development by expanding client changes. Shipfast empowers speedier commerce for D2C brands, strengthening coordinate client connections, boosting loyalty, and driving repeat buy rates on their possess websites. We’re energized to dispatch our item built in-house and are effectively looking to support it with potential acquisitions,” said Abhiroop Medhekar, Co-Founder and CEO, Velocity.

Since its initiation in 2020, Velocity has served over 5000 clients across its various products. It has financed over 1,200 ecommerce businesses, disbursing more than Rs 1,000 crore in working capital. A few notable brands financed by Speed are Soulflower, Suta, Imagimake, Frido, Koskii, hammer, Bewakoof and Chumbak

Backed by Diminish Thiel’s Valar Ventures, Speed has collaborated with driving coordination suppliers like Delivery, Shadowfax, Ekart, EcomExpress, and more to cover numerous cities over India.

source: bwdisrupt.