Holisol's network now consists of over 25 fulfilment centres (FC), over 60 hyperlocal fulfilment centres (HFC) and more than 30 integrated in-plant engineering and customised packaging sites. The company is looking to double its revenue in the current year on the strength of a strong demand pipeline from its existing and new customers.

In addition to serving more than 80 established marquee brands, Holisol's network is also aligned to serve new-age brands which are catering to the changing consumption pattern of end consumers. The majority of Holisol's new customer additions are fast-growing D2C companies and brands focusing on digitally serving the end consumers, the company said in a media release.

"This network expansion takes us closer to our mission of building and operating one of the biggest fulfilment networks in Asia with 100 FCs & 800 HFCs and create seamlessly connected logistics super grid. This logistics super grid will enable our customer success by providing the opportunity to store and move their inventory seamlessly within the network. Enabled by ML & AI the 'logistics super grid' will create higher visibility and provide intelligent inputs which will be predictive and prescriptive in nature," said Rahul S Dogar, managing director & co-founder, Holisol Logistics.

Holisol has created a strong tech-enabled network of pick-up centres, customer experience centres, rapid fulfilment centres, return/refurbishment centres, dark stores, exchange stores and omni-channel fulfilment centres for industries spanning retail, fashion, lifestyle, online marketplaces and more. Holisol's multi-user fulfilment centres makes it easier for customers to come on board and avail the benefits of state-of-the-art infrastructure with best-in-class service levels.

Holisol's domain expertise in multi-channel fulfilment solutions for B2C & B2B businesses enables centralised management efficiencies across multiple e-commerce platforms and physical platforms that define modern retail.

Holisol recently raised its fifth round of funding by availing debt of $3 million from Northern Arc Capital. The first angel round happened in 2013, raising $1.5 million from Sundeep Bhandari promoted Datavision Systems Pvt Ltd. In 2015, Holisol raised $10 million from CLSA Capital Partners and in 2017, CLSA did a follow-on round of $10 million followed by $2.74 million debt from Black Soil in 2019.

Fibre2Fashion News Desk (KD)