How a Former Navy Doctor Transformed India's Logistics Sector with Prozo
From Rs 6 crore to Rs 350 crore: How a former Navy doctor built a supply chain enterprise
The Economic Times
Image: The Economic Times
Dr. Ashvini Jakhar, a former Indian Navy doctor, founded Prozo, a logistics company that has grown from ₹6 crore to a projected ₹450 crore in revenue by leveraging shared warehousing solutions. This innovative model meets the evolving demands of India's e-commerce and omnichannel markets, enhancing efficiency and responsiveness in supply chains.
- 01Prozo's revenue surged from ₹6 crore to ₹174 crore in FY25, with a target of ₹400-450 crore in FY27.
- 02The company operates over 50 fulfillment centers across 20 cities, managing nearly 3 million sq. ft. of warehousing space.
- 03Prozo's shared warehousing model allows multiple clients to use common fulfillment centers, reducing upfront costs.
- 04India's logistics sector accounts for nearly 12% of the country's GDP, indicating significant growth potential.
- 05The logistics market is evolving to prioritize speed, flexibility, and visibility over traditional cost optimization.
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Prozo, founded by Dr. Ashvini Jakhar, a former Surgeon Lieutenant Commander in the Indian Navy, is revolutionizing India's logistics sector through shared, tech-enabled warehousing solutions. The company has seen remarkable growth, reporting revenues of ₹174 crore in FY25, up from ₹6 crore at its inception, and aims for ₹400-450 crore in FY27. Prozo's model addresses a critical gap in the market, allowing smaller brands and enterprises to access enterprise-grade infrastructure without significant capital investment. With over 50 fulfillment centers across 20 cities and nearly 3 million sq. ft. of warehousing space, Prozo serves more than 120 clients, including new-age brands and SMEs. As India's logistics landscape evolves, the company emphasizes the importance of efficiency and responsiveness in supply chains, positioning itself as a key player in the growing market, which accounts for nearly 12% of India's GDP.
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Prozo's innovative logistics solutions are making it easier for small and medium-sized enterprises to compete in the e-commerce space, potentially lowering costs and improving delivery times for consumers.
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