Partnership between B2C Europe and Shyplite announced

Partnership between B2C Europe and Shyplite announced

Shypmax, India’s first AI-powered Logistics Platform as a Service (LPaaS) for cross-border shipping services, has secured an exclusive partnership with The Netherlands-based B2C Europe, a Maersk company, specialising in B2C parcel delivery services in Europe, for Indian companies to price-effectively deliver their products to customers in all European countries including the UK, using a single-winow platform.

From Shypmax, Indian companies, especially SMEs, Direct-to-customer, B2C, and E-commerce firms, from over 27,000 pin codes in the country, can deliver any product across European markets and beyond.

Shypmax automates processes related to compliance with current regulations in the European Union. It is India’s first IOSS-ready (Import One-Stop Shop) facility that enables centralised declaration and payment of VAT by European customers at the point of sale and thus, saves Indian companies and the European customers the hassles of navigating different tax systems in Europe. The services also include customised labels, pickup, packaging, and door delivery via B2C Europe’s more than 100 connected carriers across Europe and beyond.

Shypmax LPaaS, promoted by Shyplite 4pl AI powered logistics platform, will also leverage the global network of fulfillment centres of B2C Europe to help Indian companies deliver and collect returns of their products across the world.

Talking about the B2C Europe collaboration, Mr. Nisschal Jaain, Founder and Managing Partner of 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 two lakh merchants, including thousands of D2C companies, shipping into Europe. The annual Gross Merchandise Value – 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. With our exclusive partnership with B2C Europe, and our asset-light approach helps us dynamically fulfill incremental and fast changing demands and offer a pocket-friendly price. We are also presenting a plug & play carrier with transparent, friendly, and easy-to-use services.”

In his comments, Mr. 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 fulfillment 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 Shyplite 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.

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