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India Post Signs an MoU with Snapdeal and Shopclues

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With 1.50 lakh post offices the nation over, India Post has marked a Memorandum of Understanding with Indian E-business organizations Snapdeal and Shopclues, to hold hands and move the e-trade logistics. As expressed in a discharge by iGovernment, on the event of Business Development Day on fourteenth Oct 2014 the department of postal services chose to hold hands with the two online commercial centers, to coddle their logistics needs with its wide reach. As an exchange, for getting their backing for an INR 4909 crore IT anticipate, to acquire electronic network and ability over 1.5 lakhs Post Offices for improved conveyance of all mail & financial services. Vijay Ajmera, Sr. VP (Finance) Snapdeal .com said that they are cheerful to pick Department of Post as their delivering accomplice and this organization will give their e-trade business a more extensive achieve and system. Talking about this affiliation, Sanjay Sethi, CEO & Co-Founder, Shopclues said, "We're a comm...