Leading online marketplace Snapdeal on Thursday said that it has invested $20 million in logistics company Gojavas. This is the second round of investment made by Snapdeal in the company within a few days.

The company had entered into a strategic partnership with Gojavas and made its first investment in the firm in March 2015.

The investment in Gojavas is in line to build capacities for the future and strengthen the supply chain ecosystem, the company said.

“With the freshly infused funds, our aim is to help Gojavas become more successful and further expand their reach. Our teams will continue to work together closely in the future as well,” Rohit Bansal, Co-Founder, Snapdeal, said.

Snapdeal has been working for the last 8-10 months to strengthen its supply chain and logistics. The company has invested $100 million in the last six months to improve it delivery timelines by 70 per cent.

“The company’s average timeline for delivering Snapdeal orders has reduced by a full 24 hours in the last six months and our teams have worked closely to come up with highly innovative solutions that are further enhancing customers’ shopping experience on Snapdeal,” Bansal said.

The company will invest an additional $200 million in the next 12 months to further strengthen its supply chain. The partnership between Snapdeal and Gojavas has proved to be mutually beneficial.

Gojavas currently delivers to 350 cities up from 150 cities pre-partnership. Further, the teams have worked together to come up with innovative last mile solutions like card-on-delivery, 90 minutes reverse pick-up and four-hour delivery services and have set new benchmarks in the industry in supply chain and logistics.

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