return to news
  1. Unicommerce Esolutions partners with Healthkart for multi-channel order management system

Market News

Unicommerce Esolutions partners with Healthkart for multi-channel order management system

Upstox

2 min read | Updated on September 04, 2024, 19:38 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

Unicommerce Esolutions announced a partnership with omnichannel retailer, Healthkart to strengthen its e-commerce supply chain solutions. Unicommerce Esolutions is India’s largest e-commerce enablement SaaS platform in transaction processing and order management systems.

Stock list

shutterstock_1908264283.webp

Unicommerce Esolutions listed with 112% premium on the NSE at ₹235 against issue price of ₹108 apiece

Unicommerce Esolutions has partnered with omnichannel nutrition products retailer Bright Lifecare, operating under the brand name HealthKart, to strengthen its e-commerce supply chain in multiple ways. Healthkart has adopted Unicommerce’s multi-channel order management and warehouse management solutions to automate order processing and fulfilment through its own website and across multiple marketplaces for its nutritional products under brand names including MuscleBlaze, Gritzo, and HK Vitals.

It will also use Unicommerce’s Seller Management Panel to enable 400+ sellers on the Healthkart marketplace to fulfil orders directly from their respective locations. The seller management panel facilitates HealthKart with a diverse range of sellers and vendors, expanding the product catalogue for their platforms.

This enables HealthKart to maximize sales while orders are fulfilled directly from the seller's location, resulting in significant cost and resource savings. Utilizing Unicommerce's comprehensive suite of technology solutions, HealthKart is enabling different aspects of its e-commerce operations highlighting the growing importance of technology for a business.

Unicommerce Esolutions is India’s largest e-commerce enablement SaaS platform in transaction processing. It enables the end-to-end management of e-commerce operations for brands, sellers, and logistics service provider firms.

Unicommerce Esolutions has been one of the most successful IPO listing companies in FY25 with a 112% gain. Following the announcement of the partnership, the share price of the company jumped nearly 3% to hit an intraday high of ₹209.4 apiece on the NSE.

Uplearn

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story