Emerging technology startups in logistics, courier and delivery services in Bangladesh

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Once upon a time, people understood that the courier service was just an exchange of letters or important documents. This idea has changed completely over the past decade. Today, application-based logistics services have become more important in freight transportation due to the increase in online shopping. Over the past six years, hundreds of online and app-based email companies have entered the Bangladesh market to provide services for new e-commerce and F-commerce.

In addition to documents and papers, these service providers deliver clothes, fish, meat and even ready meals everywhere. Thanks to technology, this service has now become digital or application-based. Now the buyer or seller can track the product through the app. Product tracking also reduces the chance of getting lost and reaching the destination faster. Let’s take a look at some of the Emerging logistics technology startups in Bangladesh.

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Tech startups in logistics vs traditional courier services: what are the main differences

The rapid advent of technology has already transformed the logistics landscape. However, traditional messaging services are still used today. Due to the demand for rapid delivery services, the traditional 5-7 day service is losing its appeal. Let’s see how technological logistics have changed the industry.

Affordability

You can expect the traditional system to be more affordable, but the manual process limits the capacity of the high volume delivery. As a result, diseconomies of scale can arise.

On the other hand, with batch and chaining technology, real-time status update, and route optimization, many companies are offering fast last mile delivery. These features increase the productivity of technology-based logistics, eliminating idling and increasing profitability.

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Supply flexibility

Traditional couriers have full-time drivers to provide consistency if the drivers are reliable. But companies can face difficulties if the volume suddenly increases.

Tech startups offer their service through flexible delivery agents. In addition, they have continuous communication and locate the agent at all times. Therefore, it guarantees the satisfaction of demand even in high season and prevents inactive labor force during low season.

Delivery options

The delivery window is unpredictable for traditional services, and it all depends on the courier’s schedule. Taking 5-7 days or even more time is the norm. On the other hand, the technical courier works within a short time frame which takes care of delivery on demand, the next day or even the same day.

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Reliability and visibility

The biggest downside is the lack of manual tracking and dispatch technology without real-time monitoring. As a result, a limited view of the security of the package and the delivery time.

Real-time GPS tracking ensures the location of the delivery agent and the company also knows the delivery time. Therefore, this process meets the expectations of the modern customer.

Delivery process and precision

The traditional system still uses paper and pen to keep records, while technical mail uses software and applications, ultimately reducing the risk of human error.

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Fastest Growing Logistics Tech Startups in Bangladesh

Bangladesh’s e-commerce is growing exponentially, and it grew 166% in 2020 alone, then it is expected to see a market size of $ 3 billion by 2023. Therefore, logistics technologies have huge opportunities in this industry, and they are trying to provide top notch services to clients. Here are the top logistics startups in Bangladesh driving the market.

Email

This is a bicycle product delivery service. Initially, the company worked with the selected e-commerce company and the e-commerce merchant to deliver their various official documents and packages to the desired location. However, the company also provides such services to those who are not e-commerce marketers.

The specific features of e Courier customer service include Android apps, its own website, SMS service through which the customer can know the location of their product at any time. It also offers services such as taking orders twice a day and delivering goods the same day. In addition, to deliver the products to the customer’s door, they have a door-to-door installation.

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Initially, the company started operations in Dhaka in 2014. But currently, the company operates nationwide. So far, e Courier works with over 25,000 retailers and has delivered over 4.5 million packages through 1,000 delivery agents.

Paper fly

Paperfly, the country’s fastest growing e-commerce logistics company, provides home delivery and cash delivery services to 64 districts, 491 Upazillas and over 4,500 unions nationwide with its own staff. and its own vehicles. In addition, they provide warehousing and fulfillment facilities. Since launching operations in February 2016, the company is currently providing the largest number of cash on delivery and e-commerce services as third-party logistics support.

All its operation has been carried out with the latest technologies. Paperfly scans and tracks the movement of parcels through 25 stages, which is why their supply chain is nearly paperless. On top of that, Paperfly provides real-time updates via 100% ground force tracking apps.

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Pathao

Pathao is considered one of the fastest growing tech startups in Asia. Since its inception in 2015, Pathao has been working on creating solutions to logistics issues. As part of their hard work, Pathao courier service is now able to deliver products across the country. What’s more? They offer home delivery services in 52 districts.

Pathao Courier Service can deliver products to metropolitan areas of Dhaka, Chittagong, Sylhet, Khulna, and Rajshahi within 48-72 hours. In addition, for the “on demand” or “express delivery” option, Pathao delivers the products to Dhaka City within 4-6 hours.

Users can track the parcel live from anywhere through the app. The good thing about Pathao is that they offer 100% insurance coverage for all packages. The company also offers a “reverse logistics” facility to return a product from customers.

Read: The difference between a startup and a small business

Biddyout

Since its establishment in 2016, Biddyut Limited has been providing home delivery services nationwide through a total of 6 central offices and 22 partner centers in Dhaka, Chittagong and Sylhet cities simultaneously. Biddyut Limited has established one of the most technological home delivery service companies in the country, with the highest priority on the use of technology. When the current location and delivery status of the product can be found using the mobile app, any person or organization involved in online commerce can register for nationwide delivery of the product. . Biddyut offers an insurance facility to ensure product safety.

At present, all the e-commerce companies in the country including Daraz.com, AajkerDeal.com, Grameenphone, Robi (online store), Bagdoom, Bikroy.com, Swapno, Priyoshop, Infinity, etc. use Biddyut delivery services.

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Delivery tiger

Delivery Tiger was launched by Fahim Mashroor, the founder of Bdjobs.com, in 2019. It is the “# 1 online logistics marketplace in Bangladesh”. They deliver goods to 64 districts of the country. Delivery Tiger connects all popular parcel services in Bangladesh by creating a logistics market in Bangladesh. What’s more, online merchants can deliver to all 64 districts nationwide in just 48 hours a day. There is an instant payment and parcel tracking system and no return costs. Recently, the company launched wholesale logistics services with the aim of supporting retail and last mile deliveries.

X red

Red X Delivery is essentially a technology-based courier service company. Bangladesh strives to ensure prompt delivery services in the e-commerce sector. They provide service to 64 districts and 490+ Upazillas in Bangladesh. Currently, they offer their service through 61 hubs across the country. In addition, Red X has more than 3,500 passengers to provide seamless service to users. Red X features and services include next day payment, cash on delivery, secure product management, live tracking, and reverse delivery.

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E-Desh

E-Desh is the leading local e-commerce logistics company. The company also provides nationwide delivery and overseas logistics. In addition, e-country recently launched a messaging service. They offer a wide range of services for e-commerce, e-commerce, B2B business, online storage, etc. They also offer logistics services to SMEs and individual sellers in Bangladesh. From first mile pickup to last mile delivery, air freight, express courier, international freight forwarding, E-Desh brings it all together under one roof.

E-Logistics

E-commerce company Evaly launched its own logistics network in March 2020. It started its service through 26 Express stores in 13 areas of Dhaka city. However, they have developed more than 200 express shops in 25 districts across the country. Today, logistics providers make 15,000 deliveries of food, groceries and pharmaceuticals.

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Final words

Online shopping is becoming popular in Bangladesh and the growth rate is at its peak. Busy life and lack of time have made many of us addicted to the internet. From city to metropolis and even in remote rural areas, the ability to shop online in reputable stores nationwide has been created through e-commerce or online shopping. The various logistics startups see an opportunity to grow rapidly. In this article, we have discussed some Logistics startups, courier and delivery companies in Bangladesh. Hope this helps!

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