With the introduction of the Goods and Services Tax (GST), liberalizing foreign direct investment (FDI) rules last year along with growth in e-commerce industry India’s supply chain infrastructure is gaining momentum. According to Associated Chambers of Commerce (ASSOCHAM), India spends around 14.4 percent of its GDP on logistics and transportation.
Here’s a list of 10 supply chain startups in India that aim to transform the sector.
FreightBro is a tech supply chain start-up founded in 2016. Headquartered in Mumbai, the startup is aiming to revolutionize the trillion-dollar international freight Industry. FreightBro provides freight forwarders and 3PLs state of the art IT tools to maintain and enhance their process chain.
#2 LEAP India
Leap India’s founded in 2013 by IIM Calcutta alumni Sunu Mathew. LEAP’s business is of returnable packaging and pooling of equipment namely wooden pallets & boxes, plastic containers, metal wire mesh catering to all sectors that work with these products to store or transfer goods from one site to another.
Bengaluru-based BlackBuck is an online marketplace platform for freight where our shippers and fleet operators can engage seamlessly. BlackBuck has been empowering numerous shippers and fleet operators to optimally utilize their potential to achieve maximum results.
4tigo was launched in September 2015 by IIT Kanpur alumni Vivek Malhotra and Anjani Mandal. 4tigo is a technology platform for fleet owners, truck owner/drivers, brokers/agents, transporters, and transport companies to look for onward loads to next destination and/or place loads to find matching trucks with best rates.
Rivigo is a technology-enabled supply chain company in India that aims to deliver reliability through a well-established network and provide transparency and par excellence service to our clients. Based in Gurgaon the company has a unique operational model and cutting-edge technology to consistently provide unparalleled delivery times to our clients while improving the quality of life of our delivery people.
GoBolt is a Delhi-based Tech Supply chain startup founded by industry professionals having 16 years of sectoral experience between them. It is a tech-logistics company operating in Line Haul & Short Haul Trucking, creating value through dis-intermediation, increased asset utilization and extensive use of technology.
Trukky is India’s first price discovery portal that allows a customer to book a transport service online. Trukky is a Logistics aggregator offering On-demand Transportation solutions to cater to goods movement in both Full load & Part load segment. This supply chain startup was founded in 2015 and based in Gurugram.
LoBB is Bengaluru-based supply chain startup which provides truck availability information, by region and markets, to transporters, agents, and truckers through its mobile application.
LogiNext is a B2B cloud-based optimization company using machine learning and data analytics to suggest the most optimized delivery routes and beat plans to ensure maximum resource utilization in terms of cost savings and an uber-like customer experience.
FourKites is the fastest-growing predictive supply chain platform, delivering real-time visibility and execution for Fortune 500 companies and third-party logistics firms. FourKites covers all modes including ocean, rail, parcel, and over-the-road. The platform is optimized for mobile and equipped with market-leading end-to-end security.