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MagicFleet crosses 1 million monthly deliveries, targets 2 million by FY26-end
- MagicFleet, a logistics vertical by Magicpin, has exceeded one million monthly deliveries within a year of its launch.
- The company aims to reach two million monthly deliveries by the end of fiscal year 2026.
- Launched in September 2024, MagicFleet serves as a SaaS logistics infrastructure for micro and small logistics entrepreneurs.
- It has onboarded over 100,000 delivery partners and operates in seven major metropolitan areas in India.
- Integrated with ONDC and Magicpin's demand engine, MagicFleet facilitates efficient scaling for local fleet operators.
- MagicFleet, delivering 1.4 million orders monthly, is positioned among the top five hyperlocal logistics players in India.
- The platform merges AI tools with on-ground logistics management, offering features like smart rider allocation, real-time tracking, surge pricing, and more.
- It provides a rider companion app, aiding fleet franchises in rider onboarding, management, and compensation with daily payouts.
- Operating on a franchise model, MagicFleet emphasizes neighborhood-level delivery density for customer satisfaction and fleet profitability.
- MagicFleet is seen as a key move by Magicpin to expand into logistics and drive new revenue streams in India's quick-commerce market.
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