MagicFleet's Rapid Expansion: Doubling Deliveries and Logistics Innovation

MagicFleet, the logistics division of magicpin, anticipates doubling monthly deliveries to 20 lakh by the fiscal year's end. Launched in September 2024, the firm has reached 10 lakh deliveries with over 1 lakh riders. MagicFleet, now a top-5 player, enhances logistics through AI-driven technology.

MagicFleet, the logistics arm of hyperlocal commerce firm magicpin, is set to double its monthly delivery capacity to 20 lakh by the end of the current fiscal year, according to company officials. The expansion marks a significant milestone for the firm, which launched in September 2024.

In just nine months, MagicFleet has achieved the impressive feat of over 10 lakh monthly deliveries, supported by its onboarding of more than 1 lakh riders nationwide. The company's rapid ascent has placed it among the top five hyperlocal logistics providers in India.

CEO and Founder Anshoo Sharma stated that logistics development aligns with their strategy to boost business for merchant partners. Currently operational in seven major metros, MagicFleet utilizes artificial intelligence for real-time tracking, rider allocation, and comprehensive delivery visibility, enabling efficient scalability for MSMEs.

(With inputs from agencies.)