TCCNSETCC Concept LimitedLowNeutral
Announced Fri, 3 Jul · 16:33 IST

Pepcart partners with Shiprocket for big-box logistics in India

TCC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.4%1-day move
₹338.00
prior close
₹349.00
base price
After-mkt
timing
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-2.9-2.9-3.8+2.4-3.8-3.2-5.3-0.6-8.9-20.7
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AI summary

TCC Concept's wholly owned subsidiary Pepcart Logistics announced its first B2B alliance with Shiprocket, India's largest e-commerce tech platform. Pepcart will provide first-mile pickup, last-mile delivery, and white-glove assembly for big-box products via Shiprocket's network. Pepcart brings 5 mega-fulfillment centers, 25+ distribution hubs, 240+ padded vehicles with sub-1.5 percent damage rate, and coverage of 7,000+ pin codes. The company has done 10 million+ deliveries with NPS of 80+ and onboards new brands in 2-4 weeks.

Likely market impact

Opens Pepcart's LaaS platform to Shiprocket's large merchant base, potentially boosting subsidiary revenue and validating TCC's logistics model.