Shypmax, India’s first and only AI-powered Logistics Platform as a Service (LPaaS) for cross border shipping, has roped in the Netherlands based B2C Europe, a Maersk company specializing in B2C parcel delivery services. The collaboration will enable Indian businesses to deliver their products to Europe, including the UK, based customers cost-effectively using a single-window platform.
From Shypmax, Indian companies, especially SMEs, Direct-to-customer, B2C, and E-commerce firms, from over 27,000 pin codes, can deliver any product across European markets and beyond. Shypmax automates processes related to compliance with current regulations in the European Union. As India’s first Import One-Stop-Shop (IOSS) ready facility enabling centralised declaration and payment of VAT by European customers at the point of sale, Shypmax is saving Indian companies and the European customers from the hassles of navigating through different tax systems in Europe. The services also include customised labels, pickup, packaging, and door-to-door delivery via more than 100 connected carriers across Europe and beyond by B2C Europe.
Shypmax LPaaS, powered by Shyplite 4pl AI-powered logistics platform, will also leverage the global network of fulfilment centres of B2C Europe to help Indian companies deliver and collect returns of their products across the world.
Talking about the collaboration, Nisschal Jain, Founder and Managing Partner, Shyplite and the brain behind conceptualising Shypmax said, “We are glad that we could partner with B2C Europe as it will help our customers in India rapidly expand their European merchandise business much more enthusiastically, having not to worry about delays, compliance issues, surprise penalties, and supply chain shocks of cross border shipping. Besides, we also enhance the shopping experience of their customers by providing end-to-end tracking. Our services are sustainable, price-effective, and simplified.
He added that steep logistics cost has always been a dampener for Indian companies. “There are about 2 lakh merchants, including thousands of D2C companies, shipping into Europe. The annual Gross Merchandise Value – the value of goods sold via E-commerce platforms, is pegged at about 600 million Euro. Indian companies spend 70-80 million Euros every year (increasing at 30% CAGR) towards the logistics of e-commerce shipments. Our exclusive partnership with B2C Europe and our asset-light approach will help us dynamically fulfil the incremental and fast-changing demands of sellers and offer a pocket-friendly price. We are a plug & play carrier with transparent, friendly, and easy-to-use services.”
Martijn Van Der Geer, Commercial Director, B2C Europe, said, “We have been an integral part of Shypmax’s global trade management solutions. We thoroughly enjoy the relationship. Having reached an exclusive agreement with Shypmax, we now have a strong partner in India. With the readily available infrastructure, and expanding capacity at multiple fulfilment facilities in Europe, we will help Indian companies scale up their European merchandise exports. Though we are beginning with Europe, including the UK, we are hopeful of adding other regions like the USA for fulfilment and distribution in the near future on the back of the vast accessibility to B2C Europe now being a Maersk company. The partnership between B2C Europe and Shypmax is mutually beneficial as now B2C Europe has a strong base in India through Shypmax and vice-versa ”
Shypmax promises increased shipping efficiency, automated logistics, and a single-window platform for global trade. The company aims to garner 70% of the global, e-commerce cross border shipping market of India in three years.