Simplex Delivery, the local pioneer in next-day, to-your-doorstep e-commerce deliveries, has expanded its network to cover the whole of Sri Lanka from January 25, 2017.
A “last mile” delivery service for e-commerce companies, Simplex Delivery’s competitive edge is undoubtedly its ability to get its customers’ products to the remotest locations in Sri Lanka within the shortest possible timeframe.
Importantly, Simplex Delivery was aided in its expansion plans by a significant investment by BOV Capital, a Sri Lanka- and Singapore-based venture capital firm that invests in local technology-oriented ventures. The company also benefited from the direction of its Co-Founders Inas Jenabdeen and Thilina Fonseka, as well as advice and expertise from BOV Capital’s Prajeeth Balasubramaniam, Eric Wikramanayake and Rajan Anandan.
Since its inception in June 2015, Simplex Delivery has grown from strength to strength, having begun its operation by delivering for the likes of Daraz Sri Lanka (formerly Kaymu) in Trincomalee.
Elaborating further, Daraz Sri Lanka’s Head of Logistics Darshika Attanayake said, “Simplex Delivery has been a valued delivery partner to Daraz for the past two years, providing excellent service and support. Since inception, Simplex Delivery has grown tremendously and successfully provides next-day delivery with online tracking services across the areas serviced.”
Over the months following its pioneering partnership with Daraz Sri Lanka, Simplex Delivery has grown to become an 80-person operation, which allows it to serve more than 40 small, medium and large e-commerce businesses. Simplex Delivery has today already exceeded the 500 deliveries per day milestone.
Commenting, Simplex Delivery Co-Founder Inas Jenabdeen said, “Following our pioneering initiative in 2015, when we were the first and only company to focus on ‘last mile’ delivering for Sri Lanka’s burgeoning e-commerce sector, we are pleased to note that we have grown rapidly in terms of volume, revenue, partnerships and coverage, now offering our service island-wide.”
Adding to this, Simplex Delivery Co-Founder Thilina Fonseka reiterated, “On January 25, 2017, we covered the whole of Sri Lanka through our ‘last mile’ delivery service, customized for e-commerce businesses.
This coupled with our unique technology, built in-house by our highly talented tech department, has positively enabled the e-commerce businesses of our valued customers, giving them an impressive advantage in a highly competitive market.”
Meanwhile, BOV Capital’s support of Simplex Delivery fullfilled the fund’s aim to facilitate Sri Lanka’s technology eco-system.
Signalled BOV Capital General Partner Prajeeth Balasubramaniam, “at the time Simplex Delivery entered the local market, there was no single company specializing in ‘last mile’ deliveries for e-commerce providers in Sri Lanka, which often requires a customized service created specifically for online shopping stores.”
“We at BOV Capital were really impressed by the abilities shown by Inas and Thilina to tap and retain this unique customer segment, while also effectively servicing the many and varied tasks and demands inherent in this highly specialized segment,” added Balasubramaniam.
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