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Founded in 2015, Pranik Logistics Ltd offers integrated logistics solutions.
Pranik Logistics signed an MSA with InstaKart (Flipkart group) for managing fulfillment centers in Bhagalpur, Bihar. The multi-year agreement features slab-based pricing, signaling enhanced revenue potential and operational scale for Pranik in logistics.
Pranik Logistics sealed a commercial addendum with InstaKart (Flipkart group) for logistics and road transportation services. This agreement, effective until March 2028, operationalizes a Master Services Agreement and is expected to drive significant revenue growth.
Pranik Logistics clarified recent share price volatility, stating all material information has been disclosed. The company attributes movements to market-driven factors, investor perception, and lower liquidity on its SME platform, where even limited trades can impact prices.
Pranik Logistics launched new sorting, grading, and repacking services at its Siliguri, West Bengal facility. This expands their partnership with Qwik Supply Chain, strengthening their logistics and value-added service portfolio.
Pranik Logistics entered a non-binding MoU with Central Warehousing Corporation (CWC) for pan-India logistics, warehousing, and transport collaboration. This aims to enhance supply chain efficiency by leveraging each other's infrastructure. Pranik will also empanel on CWC’s transport platform.