India Post Signs an MoU with Snapdeal and Shopclues

With 1.50 lakh post offices the nation over, India Post has marked a Memorandum of Understanding with Indian E-business organizations Snapdeal and Shopclues, to hold hands and move the e-trade logistics.

As expressed in a discharge by iGovernment, on the event of Business Development Day on fourteenth Oct 2014 the department of postal services chose to hold hands with the two online commercial centers, to coddle their logistics needs with its wide reach. As an exchange, for getting their backing for an INR 4909 crore IT anticipate, to acquire electronic network and ability over 1.5 lakhs Post Offices for improved conveyance of all mail & financial services.

Vijay Ajmera, Sr. VP (Finance) Snapdeal.com said that they are cheerful to pick Department of Post as their delivering accomplice and this organization will give their e-trade business a more extensive achieve and system.

Talking about this affiliation, Sanjay Sethi, CEO & Co-Founder, Shopclues said, "We're a commercial center for the masses and almost 65% of our clients and shippers are situated in the non-metros or level 2/3 towns. With the most stretched out conveyance organize in the nation, India Post will certainly be a critical accomplice in our logistics operations. On a

Indian Post sign MOU with Snapdeal and Shopclues
crest day, Shopclues services in excess of 85,000 requests and with this tie-up, we hope to enhance our offering for clients over 25,000 pin codes."

John Samuel, Member Postal Services Board said, "India Post is no more what it was and is experiencing a time of significant change. In the last few years, the post office is reexamining itself to give services that fit into the necessity of all e-trade players. I am exceptionally happy that the Department of Posts and Shopclues.com have marked an announcement of purpose about the key business relationship that both the organizations will take forward."

Shopclues at first had a neighborhood tie up with the Department of Posts whereby they would get their products just from their satisfaction focuses. Be that as it may, post this MOU, Shopclues and India Post have now connected with one another on a national level.

The Postal Department is attempting to stay aware of the changing patterns of Indian buyers. Considering that this body indulges the most extreme number of pin codes in correlation to any private logistics firm, such a tie-up could be an aid for the online players.