Borzo Relocates HQ to India Amidst New Leadership

Borzo, originally known as WeFast, announced moving its headquarters from Amsterdam to India, recognizing the market's growing importance. Alongside, Alina Kisina has been named CEO. With presence in 22 Indian cities and significant global operations, Borzo aims to expand further in emerging economies, leveraging India's capabilities and opportunities.


PTI | Mumbai | Updated: 21-06-2024 20:46 IST | Created: 21-06-2024 20:46 IST
Borzo Relocates HQ to India Amidst New Leadership
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Global intra-city same-day delivery service provider Borzo, formerly known as WeFast, announced on Friday that it will relocate its headquarters to India from Amsterdam, Netherlands.

The announcement also featured Alina Kisina as the new Chief Executive Officer of the company.

The decision to relocate its headquarters underscores the increasing importance of India in Borzo's business strategy. The company currently operates in 22 Indian cities with over 200,000 active delivery partners.

Launched in India in 2016, Borzo rebranded globally from WeFast in 2021. The service operates in various countries in Asia and Latin America, catering to over 250,000 active couriers and 1.5 million customers, including individuals and SMEs.

Borzo's move to establish Mumbai as its central hub reflects its ambition to expand further in emerging economies and capitalize on India's vast opportunities.

'The decision to shift Borzo's HQ to India reaffirms our focus on capturing the India opportunity and expanding our client base and business,' Kisina said.

India now contributes about 50% of Borzo's global revenue. As CEO, Kisina will oversee operations across India, Brazil, Mexico, Turkey, and Indonesia.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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