Borzo (erstwhile WeFast), a global intracity same-day delivery service, has announced plans to move its headquarters from Amsterdam to Mumbai.
“The decision to make this strategic move is driven by the increasing significance of the Indian market in Borzo’s overall business strategy. As of today, Borzo operates in various countries in Asia and Latin America,” says an official release.
Alina Kisina, CEO, Borzo announced the shift of headquarters at Borzo Connect, organised by the company in Mumbai that focused on addressing the challenges faced by micro, small and medium enterprises (MSMEs).
“The decision to shift the Borzo HQ to India is a reaffirmation of the company’s focus on capturing the India opportunity and expanding our client base and business,” says Kisina. “We aim to scale up our operations and leverage the exceptional talent within Borzo. We will be further expanding Borzo Centres in India, recognising the value they bring to our global operations. Additionally, we remain committed to investing in high-quality talent and enhancing our infrastructure to continually improve our capabilities.”
Eugene Panfilov, Managing Director, Borzo India adds: ““Borzo’s headquarters relocation to Mumbai marks a significant milestone in the company’s journey, underscoring its commitment to capitalising on the immense potential of the Indian market and reinforcing its position as a key player in the delivery services industry. Borzo’s India business has grown multifold in the last seven years, positioning us as one of the strongest players in the SMB segment. Now we expect to penetrate more markets and realise its full potential. We thank all our customers and delivery partners who have trusted us and contributed to our growth as we embark on this new global journey from India.”
Borzo currently has over 200,000 active delivery partners across 22 cities, the release added.