Ecom Express Launches Innovative Near-Home Crèche Facility - ECOM MiNi EXPRESS to Empower Working Mothers
Mumbai, India – March 05, 2025: Ecom Express Limited (“Ecom Express”), India’s only pure-play B2C e-commerce logistics solutions provider, announces the launch of a near-home crèche facility – ECOM MiNi EXPRESS, aimed at supporting its female employees as they navigate the demands of both work and family life. This initiative underscores the company’s commitment to fostering a more inclusive workplace while addressing the pressing childcare challenges faced by working mothers.
The crèche program is designed to offer reliable childcare solutions, enabling mothers to concentrate on their professional responsibilities without sacrificing their family needs. The program offers women the option to choose a crèche at a convenient location, either near their office or home. Open to all on-roll female employees, the initiative covers up to two children per employee, catering to children aged six years and under. Ecom Express will provide financial reimbursement for childcare expenses, ensuring that the support is both accessible and manageable for its workforce.
Emphasizing the Ecom Express commitment to empowering its female workforce, Swati Mor, CHRO, Ecom Express, stated, "At Ecom Express, we recognize the dedication and resilience of our female employees. By introducing the near-home crèche initiative, we are taking a significant step toward alleviating childcare challenges, ensuring our employees can thrive both at work and at home. This initiative reflects our commitment to fostering a truly inclusive and supportive workplace."
This innovative program aligns with Ecom Express's broader mission of promoting gender diversity and enhancing workplace flexibility. By implementing such progressive policies, the company aims to set a new standard for employee-centric practices within the logistics industry.
About Ecom Express: Ecom Express is India’s only pure-play B2C e-commerce logistics solutions provider as of the Financial Year 2024 (Source: RedSeer). Ecom Express operates a pan-India express logistics network covering first-mile pick-up, mid-mile transportation and last-mile delivery as well as reverse logistics (i.e., returns) and fulfilment services (i.e., warehousing). By providing essential logistics infrastructure and leveraging technology capabilities, Ecom Express connects digital retailers and e-commerce platforms to their end consumers across the country. As of March 31, 2024, we had the widest coverage pan-India and in Tier 2+ regions compared to our peers and cover over 27,000 PIN codes (Source: RedSeer Report).
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Disclaimer
Ecom Express Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offer of its equity shares and has filed a draft red herring prospectus dated August 15, 2024 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”) and the stock exchanges. The DRHP is available on our website at https://ecomexpress.in/ as well as on the website of SEBI at www.sebi.gov.in, on the website of Lead Managers at Axis Capital Limited at www.axiscapital.co.in, IIFL Securities Limited at www.iiflcap.com, Kotak Mahindra Capital Company Limited at https://investmentbank.kotak.com and UBS Securities India Private Limited at .ubs.com/indiaoffers and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and refer to the Red Herring Prospectus, including the section titled “Risk Factors” of the Red Herring Prospectus when available, for details. Potential investors should not rely on the DRHP for any investment decision.
This announcement does not constitute an invitation or offer of securities for sale in any jurisdiction. The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act"), or any state securities laws of the United States and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold (i) within the United States only to persons reasonably believed to be "qualified institutional buyers" (as defined in Rule 144A under the U.S. Securities Act) pursuant to Section 4(a) of the U.S. Securities Act, and (ii) outside the United States in "offshore transactions" as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales are made. There will be no public offering of the Equity Shares in the United States.
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