GENERAL CATALYST-BACKED ride-hailing platform inDrive is exploring an entry into the last-mile delivery market, according to its India country manager, Pratip Mazumder.
Speaking to FE, Mazumder highlighted the potential of a "logistics as a service" model, drawing parallels to software as a service (SaaS). "Food delivery and quick commerce are fundamentally logistics businesses. Solve logistics, and you solve both these segments," he said.
This story is from the December 25, 2024 edition of Financial Express Lucknow.
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This story is from the December 25, 2024 edition of Financial Express Lucknow.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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