So much that Paperfly has recently managed to attract an investment of about Tk 100 crore from Ecom Express, an Indian technology-enabled end-to-end e-commerce logistics solutions provider. But with the new investment, Paperfly plans to build a network equipped with all facilities such that all kinds of products regardless of quantity or size can be delivered anywhere in the country. Pursuing the investment, Paperfly and Ecom Express will work closely to introduce intelligence-driven automation and data sciences to Bangladesh’s logistics industry, accelerating the implementation of advanced supply chain and logistics processes and adopting agile solutions in delivery, warehouse and fulfilment management. Currently, Paperfly employs more than 1,000 people and provides service through its 100 delivery points across the country. In spending the money of new investment, Paperfly also would focus on more technology adoption to make service faster and transparent.

Source: Dhaka Tribune January 12, 2021 18:43 UTC