Vaayu and EcomID, two of our portfolio companies, have partnered!
Vaayu and EcomlD are teaming up to revolutionize the way we understand and tackle the impact of returns in the retail industry!
Did you know that 91% of retailers experience a higher growth rate in return rates than in revenue? (Business Wire). Understanding this impact is key to enhancing sustainability practices, and that's exactly what this partnership aims to do.
Vaayu is powering EcomID's returns calculations in this groundbreaking collaboration, helping to shed light on the climate change impact of returns.
But it doesn't stop there. The real power lies in customer education. By empowering shoppers with knowledge about the consequences of their returns, we're driving meaningful change together.
With eComID's innovative approach, it's easier than ever for consumers to understand the environmental footprint of their choices. When shoppers are well-informed, they become powerful allies in our mission for a more sustainable industry.