Magicpin introduces Velocity - a delivery-as-a-service (DaaS) tech solution aimed at transforming the logistics landscape

Aiming to revolutionise the logistics industry, Magicpin, a hyperlocal e-commerce firm, unveiled Velocity, a delivery-as-a-service (DaaS) software solution. With real-time workforce tracking, order progress notifications, and integrated customer feedback methods, Velocity guarantees to deliver orders within 30 minutes. 

Magicpin intends to expand its operations to handle over 100,000 orders per day from its current 5,000 orders per day. In order to address the difficulties of a dispersed logistics market where no single third-party logistics (3PL) supplier dominates, Velocity was launched.

Velocity provides an affordable substitute for internal logistics by serving as an aggregator for 3PL partners including Porter, Ola, Dunzo, Rapido, Shadowfax, and Zypp. This eliminates the requirement for capital investment and allows enterprises to cut operating expenditures.

According to Magicpin, Velocity sets itself apart by providing an exceptional client experience and has a 95% on-time performance rate for hyperlocal deliveries. The platform is plug-and-play compatible. Moreover, the delivery process is greatly improved by the integration of real-time order status updates, customer feedback methods, and map-based live labour tracking.