Monday, February 19, 2024
HomeDelivery & Courier FranchiseHow to Get an Ekart Franchise - Cost, Fee, & Profit

How to Get an Ekart Franchise – Cost, Fee, & Profit

Do you own any local delivery or courier business? Are you looking to partner with some renowned franchise? Have you got confused after doing research on several Courier franchise? Then, You have reached at right place and certainly this BLOG is for YOU!

If you are from the Delivery or Courier business, then you MUST be aware of the Industry growth rate and its significance to country’s growth. If not, then don’t worry, we are here to clear all your queries.

The demand for courier and delivery services in India is growing at a rapid pace and there could be several reasons for this;

  • Growth in E-commerce growth
  • Growing Busy lifestyles
  • Increased online shopping
  • Increase in Middle class and their standard of living
  • Expansion of Business

So, considering the demand and growth pattern – Starting a Delivery Business or Partnering with a Renowned chain can be a VIABLE option. That’s right- we’re talking about the Ekart Logistics franchise.

Maybe your rigorous searches on the Internet and some underserved articles about Ekart have confused you. During our research, we also found some irrelevant or off-topic articles, which led me to write a BLOG on EKART Franchise.

The truth is, you’re NOT completely sure if this segment is for you, or you have some VITAL questions like:

  • Overview of Ekart
  • Why Choose an Ekart?
  • How Much does it Cost to become an Ekart Partner?
  • Is Ekart Business Profitable?
  • Ekart Business vs other courier services
  • Marketing strategies for successful Ekart Business
  • Challenges and solutions for Ekart business owners
  • Maximizing profits with an Ekart Business
  • How to manage an Ekart Business efficiently
  • The future of Ekart business business in India
  • What the requirements to start an Ekart?
  • What are the Documents required for DTDC?
  • And Finally – How To Get A Ekart In India?

In this article, we’ll dive deep into the Ekart business with capital requirements, fee, profit, and step-by-step guidelines to get this franchise – and answer some common questions about the chain.

Detailed analysis of Ekart Franchise
  • Brand: Ekart Logistics
  • Founded: 2009
  • Corporate Headquarters: Bengaluru
  • Operating Area: Delivery
  • Operating in: PAN India
  • Carpet Area: 500-100 sq. ft.
  • Total Investment: Rs. 1 lacs – 2lacs

Overview of Ekart Franchise

Overview of Ekart Franchise

Founded in 2009 as a logistics and delivery arm of Flipkart, an Indian e-commerce company. The chain focuses majorly on providing delivery and logistics services for Flipkart, Myntra and Jabong, and also operates as a standalone service for businesses and individuals.

Started with an aim to support Flipkart’s growing e-commerce business and to provide efficient and reliable delivery services to its consumers, Ekart’s logistics business is spread over 10,000 delivery centers and over 2 lacs delivery personnel in India.

Please continue reading if you are passionate about the Courier and Delivery franchises & this little snippet about Ekart excites you.

We will offer comprehensive and well-researched information regarding the Ekart chain, along with its price, fees, profit margin, and—most importantly—the reason “Why you need it.

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Key facts about Ekart

Sr No.TypePublic
1Trade NameEkart
2IndustryCourier
3Founded2009
4Founders Or Parent CompanyFlipkart
5Corporate HeadquartersBangalore, Karnataka, India
6Number of locations10,000 delivery centers and
over 2 lacs delivery personnel
7Area servedPAN India
8ModelFranchise
9Service offeringDelivery, express mail,
third-party logistics
10RevenueRs 4,422 Cr revenue(FY 19)
11Websitehttps://ekartlogistics.com/

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Why Choose an Ekart Franchise?

Why Choose an Ekart Franchise

There could be several reasons to become a partner of Ekart and some of the major reasons and benefits are listed below;

  1. Pioneer in E-commerce delivery platforms:
    • Ekart has positioned itself as one of the pioneers in the e-commerce industry, with many firsts to our credit.
    • Shares Strong reputation and a well-known brand in the Indian market.
    • One can leverage brand recognition to quickly establish themselves in the market and attract customers.
  2. Tech-led Growth:
    • The franchise offers a tech-driven supply chain to ensure timely and hassle-free deliveries through API-based integration for shipment creation, tracking, and resolution.
  3. Varieties in service offerings:
    • Ekart provides a ton of services, and a few of them are: easy pick-up and delivery, hassle-free pick up and return processes, multiple payment options, including cash/card on delivery.
  4. Marketing and Advertising Support:
    • Offers extensive marketing and advertising support to its franchisees that can help you grow quickly and reach more customers.
  5. Access to Logistics Network:
    • Ekart offers an extensive logistics network that spans the entire country and will allow you to efficiently deliver goods to customers.
  6. Potential for High Returns:
    • Ekart has the potential to provide franchisees with high returns, as the e-commerce delivery industry is rapidly growing in India.
  7. Collaboration with a Market Leader:
    • As a Franchise owner, you will be collaborating with a market leader in the e-commerce delivery industry.
    • Enables significant benefits and opportunities for growth.

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How much does an Ekart Franchise Cost?

Ekart Franchise Cost

The franchise fee or Total Initial setup cost for Ekart will depend on the proposed model chosen.

Nonetheless, To become an Ekart franchise partner, one would at least require an initial investment of Rs. 1 lacs to Rs. 2 lacs with a floor area between 750 sq. ft to 1000 sq. ft.

FYI, the above-mentioned initial investment for Ekart business does cover the expenses or fees such as Brand deposit fees, Marketing Fees, Equipment, and other necessary expenses.


Is Ekart Franchise Profitable?

Is Ekart Franchise Profitable

Considering Ekart’s presence in Courier for over 13 years, a wider coverage area, low-cost franchise setup, training and development support, and a franchise advisory board to ensure every franchisee’s success, one may anticipate a ROI of over 20% or anywhere between Rs. 30000 and over Rs. 70000 per month.

Type of InvestmentCost and Other details
Total Investment Rs. 1 lacs to Rs. 2 lacs
Area required Over 500-1000 sq. ft.
Franchise Fees  NA
Royalty FeesUnknown
Marketing cost (Percentage of sales) A few Percent
Required Working capital (per month)Rs. 50,000–Rs. 75,000
Return on Investment > 20% 
number of employees required to run a franchise unit 3-4
Expected break-even time  > 20% 
Average business from a Franchise unit Rs. 75,000 to Rs. 1 lacs p.m. 

*The average business from an Ekart Business outlet may vary depending on the unit’s geographical location and average customer footfall.

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Ekart Franchise vs other courier services

If you are still confused in choosing a right delivery franchise for you, then this comparison of Ekart with other courier services will help you in clearing all your necessary queries further;

Key differences between Ekart and other courier services available in the market are listed below;

  1. Cost:
    • The franchise offers a lower operating cost or a similar cost structure compared to other courier services, making it an attractive option for entrepreneurs.
  2. Delivery Network:
    • Being the logistics arm of Flipkart, Ekart operates in a vast delivery network in India, where other courier services might not have the same match.
  3. Services Offered:
    • Ekart offers a range of services including reverse logistics, same-day delivery, and Cash on Delivery, while other courier services might not provide all of these services.
  4. Technology:
    • Ekart uses cutting-edge technology to ensure seamless and efficient operations, while some other courier services might still be using traditional methods.
  5. Brand Recognition:
    • Ekart has a strong brand recognition in the Indian market, which might not be the case for all other courier services.
  6. Support:
    • Ekart provides comprehensive support to its franchise partners, which can include training, marketing assistance, and technology support. Other courier services might not have the same level of support.

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Challenges and solutions for Ekart Franchise owners

  1. Competition:
    • Problem: With the growth of e-commerce and an increase in courier services, competition can be intense for Ekart business owners.
      • Solution: Focus on providing exceptional customer service and targeting niche markets.
  2. Delivery Network:
    • Problem: Maintaining a reliable and efficient delivery network can be a challenge for Ekart logistic owners.
      • Solution: Investing in technology to streamline operations, partnering with local players, and expanding the network through new franchisees.
  3. Cost Management:
    • Problem: Controlling operational costs is crucial for Ekart logistic owners.
      • Solution: Negotiating better rates with suppliers, implementing cost-saving measures, and maximizing the utilization of resources.
  4. Recruitment and Retention:
    • Problem: Attracting and retaining quality staff can be a challenge for Ekart outlet owners.
      • Solutions: offering competitive salaries, providing training and career development opportunities, and creating a positive work culture.

Maximizing profits with an Ekart Franchise

There could be several ways to maximize profits with an Ekart business, and some of them are mentioned below for your reference;

  1. Partner with local businesses:
    • Partnering with local businesses and offering best-in-class delivery services can be a great way to bump up the margins.
  2. Optimize delivery routes:
    • Figuring out efficient route planning before the delivery can help the franchise owner improve the margin and save a few extra bucks on fuel expenses.
  3. Market and advertise:
    • Target marketing and advertising can be the best possible way to reach your potential customers and increase brand awareness among them.

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How to manage an Ekart franchise efficiently?

Managing a delivery franchise can be quite challenging if you aren’t familiar with its management strategies;

Here are a few guidelines that we have provided for your reference;

  1. Setting Clear goals:
    • Defining specific, measurable, achievable, relevant, and time-bound goals for all the members and adhering to the standards can help you run this chain efficiently.
  2. Outline a detailed operating plan:
    • One should create a detailed operating plan in advance for day-to-day operations, budgets, schedules, and processes.
  3. Execute systems and processes:
    • The franchisee should implement efficient and effective systems and processes to manage operations that can help you with reduced overhead costs and improved productivity.
  4. Use technology effectively:
    • A proper training program and utilization of tech-enabled systems and analytics can help in streamlining operations and will improve decision-making.
  5. Track performance regularly:
    • Monitoring performance, financial reports regularly can provide better understanding of business and customer demand.

The future of Ekart business in India

The delivery and couriers service business depends on several factors, including market trends, competition, and government regulations making to extremely tough to exactly forecast the Ekart business in India.

Nevertheless, considering the robust demand of online services, growing e-commerce industries, and change in the buying behavior of an average customers in India, it is highly anticipate to grow extensively in coming years.

It could provide a viable buying opportunity for interested applicants to become a partner with the Ekart Business.


What are the requirements to Become an Ekart Business Partner?

Ekart franchise approval guide are as follows;

  • First and most important – One should have the required funding to own an Ekart outlet, that is one should be ready to invest anywhere between Rs. 1 lacs to 2 lacs.
  • Interested applicant should have passion to work in the Courier industry –  and should possess the necessary leadership and financial skills with a few years of experience in this industry.
  • Interested applicants are advised to dedicate themselves to the Ekart business and follow the company standards and maintain their legacy.
  • Interested applicants must undergo and complete the necessary training program offered by the franchise.
  • Prospects are advised to do the proper marketing and site research, which will help them to understand the market potential and would certainly boost your morale.

Documents required to Start an Ekart Outlet

  • Personal Documents – Aadhar and Pan Card
  • Bank Passbook
  • PD cheques – If necessary
  • GST License and other necessary stuff
  • Brand agreement
  • Store agreement Paper

How to Get Ekart franchise?

Becoming an Ekart outlet owner requires a minimal investment that offers an impressive gross profit margin.

Nevertheless, Ekart chain may provide several benefits, and interested candidates can take up franchise outlets in their city through their expertise and endless support systems.

To get the Ekart partner, one can go ahead with the following steps;

  1. Visit their Contact Us page – and fill in the details such as Name, Email Id, Phone Number, Company Name, and submit the form.

Official details:

Buildings Alyssa, Begonia & Clover,
Embassy Tech Village, Outer Ring Road,
Devarabeesanahalli Village, Bengaluru
KA 560103

Once you submit the form, somebody from the franchise team will contact you within a week to discuss it further.

Final Takeaway

Started in 2009 as a logistics and delivery arm of FlipkartEkart is one of the pioneer, established, and rapidly growing delivery giants that offers easy pick-up and delivery, hassle-free pickup and return processes, and multiple payment options, including cash/card on delivery. Ekart boasts 10,000 delivery centers and over 2 lacs delivery personnel in India.

However, considering the chain’s expertise of over 13 yrs, affordable pricing, access to cutting-edge technology, largest franchisee network, part of a renowned brand, reliable service, and low-cost franchisee setup aids an extra advantage for the new franchisee unit holder.

With an Initial investment of Rs. 1 lacs – Rs. 2 lacs, Ekart chain may offer an outstanding profit margin to its stakeholders and one may anticipate a ROI of over 20%.

The Bottom line – In case you are interested in the Delivery industry and want to take advantage of the opportunity with a minimum investment, then you can start an Ekart franchise in India.

So, what are you waiting for? Go and start your entrepreneurial journey with Ekart!!

Good Luck!! Happy Franchising!!

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FAQ

  1. How much does Ekart Franchise Cost in India?

    To become an Ekart Partner, one would at least require an investment of Rs. 1 lacs to Rs. 2 lacs.

  2. How much does the Ekart franchise owner earn?

    Based on the data provided for Ekart and its low-cost setup with access to its broad network group, one can anticipate an earning of over 20% of ROI or Rs. 30000 p.m. to over 70,000 p.m.

FranchiseGoal India
FranchiseGoal Indiahttps://in.franchisegoal.com
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9 COMMENTS

    • Hello Dewa,

      To obtain an EKart franchise, please refer to the “How to Get EKart Franchise” section of this article, where you will find the essential information and details on the process.

      Or, you can directly follow this step:

      1. Visit the official website, the highlighted link will take you there.
      2. Fill in Name, Email ID, Organization, and other required info.

      Please note that, consider the franchise demand and enormous queries, one may need to wait for at least 14-21 days for their response.

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