ElasticRun
| File:Elasticrun Logo.svg | |
Type of site | Private |
|---|---|
| Founded | February 2016 |
| Headquarters | Pune, Maharashtra, India |
| Area served |
|
| Founder(s) |
|
| Key people | |
| Industry | Technology |
| Products | |
| Services | |
| Employees | 3000+ |
| Website | elastic.run |
ElasticRun is an online brand identity and trademark of NTEx Transportation Services Pvt Ltd. It is an Indian technology-led supply chain and distribution network company, headquartered in Pune, India. It was founded by IIM-A, IT-BHU and DCE graduates Sandeep Deshmukh, Shitiz Bansal and Saurabh Nigam in February 2016.[1]
ElasticRun extends the reach of brands’ direct distribution networks to deep rural markets. It enables access to a set of net new stores and customers for the brands, which were not accessible through the traditional distribution networks. ElasticRun network helps eCommerce companies reach customers in far-flung rural areas through its crowdsourced logistics network. The rich transaction data generated on the ElasticRun platform enables financial institutions to bring a large number of rural stores as their SME customers. The same set of data further helps brands to sharpen their marketing offerings to rural markets.
The deep reach is made possible through the ElasticRun technology platform that enables a “no apex” and “variable cost” crowdsourced logistics network. Through its rural Kirana network, ElasticRun platform would channel trade, finance and data of $600 Bn consumption in India.
References
This article "ElasticRun" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:ElasticRun. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
