#LetsTransport

[technomoz]

LetsTransport, EVRE team up to provide charging, parking infra to 1,000 EV fleet

LetsTransport, EVRE team up to provide charging, parking infra to 1,000 EV fleet

Bengaluru-based LetsTransport has teamed up with integrated charging infrastructure company EVRE to provide parking and charging infrastructure for its fleet of 1,000 electric vehicles. EVRE will set up 1,000 charging stations across India within 6 months as part of the partnership. EVRE will provide parking space and charging for a fleet of electric vehicles in 12 cities. The phased…

[gotangoindia-blog]

Seamless upgradation of IT Hardware will ensure LetsTransport's smooth operation, LetsTransport.in was really happy to partner with GoTango which will provide IT hardware procurement and maintenance at lower cost. When you think of #UninterruptedBusiness, think GoTango #business #tech #technology #itprocurement #maintenance #lowercosts #gotango #b2b #LetsTransport #itoperations https://www.instagram.com/p/Bvf-xlQFhzZ/?utm_source=ig_tumblr_share&igshid=df89n4w3hxd9

[inventivaindia]

LetsTransport raises $13.5M to digitize and improve last mile logistics in India

LetsTransport raises $13.5M to digitize and improve last mile logistics in India

India’s B2B supply chain is slowly shifting into the digital era. Following a $23 million investment for Moglix, which helps bring business and manufacturing procurement online, LetsTransport, a startup that brings increased efficiency to logistics and business transportation, has raised $13.5 million for growth.

Founded in 2015 by IIT Kharagpur graduates Pushkar Singh, Sudarshan Ravi and Ankit…

[smestreet]

'Witnessing the Great Business Transformation Through Logistics Sector'

'Witnessing the Great Business #Transformation Through #Logistics Sector'

The logistics industry in India is getting considered as an epicenter of technology-driven transformation. In a candid interaction with Pushkar Singh, CEO and Co-founder of LetsTransport, Faiz Askari of SMEStreet explored the key drivers of transformation in the logistics sector.

Faiz Askari. What are your views on the role of technology in the logistics sector?

Pushkar Singh:Historically,…

[joinnoukri]

LetsTransport And SUN Mobility Join Hands For Battery Swapping Technology

LetsTransport And SUN Mobility Join Hands For Battery Swapping Technology

SUN Mobility strategic partnership with LetsTransport, a technology-powered last-mile logistics and hyperlhas entered into a strategic partnership with LetsTransport- a third-Party Logistics company that is dedicated to the last-mile & middle-mile delivery sector. As part of the alliance, 100 electric 3-wheeler cargo vehicles powered by SUN Mobility’s swap technology have been deployed across…

[monicasharmalove]

Tata Motors to start deliveries of electric cargo 4-w Ace from Sept qtr

Tata Motors will commence deliveries of India’s first electric cargo four-wheeler EV Ace from the September quarter as it seeks to tap into the burgeoning demand for sustainable last mile delivery vehicles by e-commerce companies. The prices of the electrified version of the Ace, the sub-one tonne offering launched in 2005, will be revealed at the time of the commercial launch.

The Tata Group flagship took the wraps off the model on Thursday and signed an agreement with a clutch of e-commerce companies including Amazon, Big Basket, City Link, DOT, Flipkart, LetsTransport, MoEVing and Yelo EV. Cumulatively, it has bagged an order for 39,000 units from these companies for the ACE EV.

“Sustainable mobility is a trend as well as an imperative and is irreversible. It’s a global mega trend. At the at Tata Group and Tata Motors in particular, we have embraced this fully and made it into a business model that integrates sustainability as one of the key pillars,” N Chandrasekaran, chairman, Tata Sons said at the unveiling.

The Ace has been a category creator and the company is deeply encouraged by the interest the EV version has generated. Tata Motors will continue to engage and build e-cargo solutions not only on ACE platform but also in other categories, said Chandra....Read More

[digitaltrand]

Tata Motors unveils Ace EV; receives orders for 39,000 units

Tata Motors unveils Ace EV; receives orders for 39,000 units

Tata Motors | Representative image Homegrown auto major Tata Motors on Thursday unveiled the electric version of its popular mini truck, Ace, as it continues the drive for electrification of its portfolio. The company has also signed pacts with leading e-commerce players such as Amazon, BigBasket, City Link, DOT, Flipkart, LetsTransport, MoEVing and Yelo EV, to supply the Ace EV and it has…

[afmcompany]

15 Best Logistics Technology StartUps To Watch Out In 2022

The ecommerce boom acted as a catalyst for the logistics sector in the country. Businesses are shedding the traditional approach to adopt high-tech tools to solve transport and logistics challenges. While the logistics tech sector has been around for decades, the ecommerce boom in the early 2000’s acted as a catalyst for the logistics sector in India. The presence and impact of logistics in the day-to-day lives of people are so ingrained that we often fail to notice how quickly the delivery arrives or fathom the intensity of activity in this space. From the food on the plate to gadgets and large appliances, the logistics sector has made it possible for most businesses to reach the end consumer.

As per the Economic Survey 2020-21, the Indian logistics market is expected to reach about $300 Bn in 2022. In this blog, we explore the startups that are developing unparalleled products focused on changing the way in which the logistics industry is currently run. With angel investors backing them and public funding motivating them, the exciting concepts that are being built and launched help manage the cumbersome logistic processes with ease. 

Top freight forwarding companies in India has curated a list of some logistics tech startups that have the potential to outshine in 2022.

Blowhorn

Blowhorn is an intra-city logistics tech company operating across Bengaluru, Chennai, Delhi, Hyderabad, and Mumbai. It claims to have pioneered the spot and fixed-contract transportation market and is now turning its attention to speed across logistics offerings. The startup provides fixed contract-based as well as variable engagement models for large enterprises, SMEs and individuals. In terms of market impact, Blowhorn claims to work with more than 100 enterprise customers including names such as Amazon, Flipkart, and Udaan on the demand front with a 95% retention rate. On the supply front, the company has about 3000 vehicles operating on a daily basis. 

 Fr8

Founded in 2016 by Vasanth Immanuel and Jayendran Panneerselvam, Fr8 is a technology-driven logistics service provider, offering long-haul trucking solutions to large corporations, SMEs, and the agribusiness ecosystem. The online marketplace for logistics transactions helps customers move truckloads between cities with little to no friction.

Freightwalla

Founded in 2017 and headquartered in Mumbai, Freightwalla is a technology-enabled Indian shipping freight forwarder. The startup claims to focus on addressing inconsistent service levels in the B2B international logistics industry by leveraging technology to offer real-time updates, online documentation services, and consistent pricing.

LetsTransport

Letstransport is a B2B tech-logistics solution provider for intra-state deliveries. The startup aggregates light commercial vehicles for urban logistics and has on-boarded more than 50K truckers across 14 cities with up to 10 tonnes of loading capacity. The startup was founded in 2015 by Pushkar Singh, Sudarshan Ravi Jha, and Ankit Parashar. Letstransport is headquartered in Bengaluru and registered a revenue of INR 47.59 Cr. in FY18 as per filings on Tofler. 

Locus

With a customer base of over 40 enterprises, including the likes of Blue Dart, Bigbasket, Myntra, Unilever, Tata Sky, Urban Ladder, and Lenskart, Locus is looking to bring efficiencies in the logistics sector using geocoding, deep machine learning and proprietary algorithms. It offers smart logistics solutions like route optimisation, real-time tracking, insights, beat optimisation, efficient warehouse management, vehicle allocation, and utilisation. The startup was founded in 2015 by Nishith Rastogi and Geet Garg to bring predictive analytics to the logistics industry. 

LogiNext

LogiNext’s model running on AI-based algorithms predicts location-based decisions and automates the delivery processes like route planning, ETA calculation, traffic prediction and also manages exceptions, notifications and the customer experience in real-time. The startup charges an annual fixed fee per unit across various business functions like order capturing, capacity management, dispatch, and analytics. Founded in 2015 by Dhruvil Sanghvi and Manisha Raisinghani, LogiNext has a global physical presence in 5 countries and users in 40 countries. 

Shipsy

Most logistics platforms nowadays rely heavily on data and Shipsy uses data to support businesses in planning and reducing logistics costs. Founded in 2015 by Soham Chokshi and Dhruv Agrawal, Shipsy has customers in Dubai, Saudi Arabia, Southeast Asia, and North Africa and across various industries ranging from petrochemical, steel manufacturing, rice export, brick, and mortar retailers among others.

TagBox

Securing goods and products in transit is a key challenge for ecommerce and supply chain businesses. Founded in 2016, TagBox helps customers cost-effectively and reliably ‘tag’ a product, supply chain shipment, monitor its health in real-time, and ensure that shipment quality is not compromised. Founded by Adarsh Kumar, Sameer Singh, and Saumitra Singh, TagBox plans to focus on providing thermal-vision powered quality and traceability solutions for cloud kitchens in the future. The Bengaluru-headquartered company’s BoxLens platform combines an IoT based real-time and granular sensing to monitor temperature, humidity, shock, light, energy, and location with machine learning-driven predictive insights to identify excursion, theft or damage risk and help in better planning for the supply chain.

LogMore

 This European-based startup brings in the all-important 360-degree visibility factor into the logistics lifecycle. The Logmore Platform uses artificial intelligence to detect bottlenecks, deviations, and trends.

Their product aims to support the logistics industry by being able to predict where damages could occur and ensure quality through prevention and legal protection. The software is also capable of ensuring that healthcare, chemical, food, and electronics cargo are transported under suitable environments.

With automated reporting, this software is every manager’s dream. 

Terminal49

This startup provides an all-in-one shipment and container tracking platform.

With current global trends, there are more cargo delays than ever before, and hence the logistics industry is scrambling to identify and predict vessel arrivals.

This Terminal49 software aims to reduce the manual labor that is required to track shipments and eliminate demurrage payments by providing daily email alerts. Presenting ETAs in a streamlined manner, this API can be integrated into already existing TMS or ERP Softwares.

 FourKites

Offering a thriving community of the world’s most passionate supply chain experts to share best practices and innovation opportunities, the FourKites visibility software concentrates on streamlined information flow for educated decision-making.

Every 15 minutes, over 150 factors, including weather and traffic, are monitored to predict the ETA of vessels. The FourKites Solution banks on telematics, AI, GPS, and advanced analytics advancements to engineer solutions with real-time accuracy. It helps optimize dock utilization and keeps shipments secure.

[awesometeennews]

The MSME economic package may turn out to be beneficial for some startups

The MSME economic package may turn out to be beneficial for some startups

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Finance Minister Nirmala Sitharaman, on Wednesday, delivered the much-awaited economic package, bringing relief to the MSME sector, one of the worst-hit during the pandemic in the country. Some of the notable measures announced included Rs 3 lakh crore collateral-free automatic loans, Rs 20,000 crore subordinate debt, and revised definitions of MSMEs.

While the benefits may not be…

[classyfoxdestiny]

لیٹس ٹرانسپورٹ نے فلپ کارٹ کے پرجیت راٹھور کو بطور سی ٹی او مقرر کیا۔

لیٹس ٹرانسپورٹ نے فلپ کارٹ کے پرجیت راٹھور کو بطور سی ٹی او مقرر کیا۔

لاجسٹکس ٹیک حل فراہم کرنے والا۔ LetsTransport مقرر کیا ہے پرجیت راٹھور۔ اس کے چیف ٹیکنیکل آفیسر (سی ٹی او) کی حیثیت سے ، آج ایک بیان جاری کیا گیا۔

یہ تقرری فرم کی بنیادی انجینئرنگ اور پروڈکٹ ٹیموں کو مزید مضبوط کرے گی جس کا مقصد اپنے صارفین کو پلیٹ فارم پر ہموار صارف کا تجربہ فراہم کرنا ہے۔ اسٹارٹ اپ اگلے 6-8 ماہ میں انجینئرنگ ، ڈیٹا ، پروڈکٹ اور ڈیزا��ن میں 50+ افراد کی خدمات حاصل کرنے کا بھی ارادہ رکھتا ہے۔

اپنے نئے کردار میں ، راٹھور انجینئرنگ کے افعال کی قیادت کریں گے اور وہ A+ انجینئرنگ ٹیم کی تعمیر کے ساتھ ساتھ گہری جڑ والی جدت کے جذبے ، اعلی معیار کی مصنوعات کی فراہمی کے ارد گرد صحیح محور بنانے اور ٹیک پر مرکوز 20x سفر کو یقینی بنانے کے ذمہ دار ہوں گے۔ وہ اس سے پہلے جیسے برانڈز سے وابستہ رہا ہے۔ فلپ کارٹ۔، Rivigo اور Unicommerce ، چند نام بتانا۔

لیز ٹرانسپورٹ کے شریک بانی ، سدرشن روی جھا نے کہا ، “پرجات کا اضافہ ہمارے کاروبار کو نمایاں طور پر تقویت بخشے گا۔ سکیل ایبل اعلیٰ مصنوعات بنانے میں اس کے تجربے سے ٹرک والوں کے ساتھ ساتھ انٹرپرائزز کو بہتر تجربات فراہم کرنے کی ہماری صلاحیت مزید مضبوط ہوگی۔”

فی الحال 215 بلین ڈالر کی مالیت ہے ، لاجسٹکس سیکٹر میں ترقی کے بہت زیادہ امکانات ہیں۔ چونکہ اس شعبے کا ایک بڑا حصہ اب بھی غیر منظم ہے ، لاجسٹکس پر ہندوستان کی لاگت ترقی یافتہ ممالک کے مقابلے میں سب سے زیادہ ہے۔ اس شعبے کو موثر عملدرآمد کی ضرورت ہے ، اور حکومتی اقدامات جیسے ‘میک ان انڈیا’ کے ساتھ لاجسٹک لاگت کو موثر اور موثر بنانے کا یہ صحیح وقت ہے۔

بنگلورو میں قائم کمپنی نے اپنی سیریز بی فنڈنگ ​​کے فورا after بعد 400+ ملازمین کی خدمات حاصل کیں۔ یہ خوردہ بھر کے شعبوں کو پورا کرتا ہے ، ایف ایم سی جی اور ای کامرس ، تقسیم اور 3PL کمپنیاں۔

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[inventivaindia]

Fosun leads $12 Mn Series B round in logistics startup LetsTransport

Fosun leads $12 Mn Series B round in logistics startup LetsTransport

Started as bootstrapped firm, LetsTransport has bagged a funding of $12 million in Series B round led by Fosun RZ Capital. The round also saw a contribution of two other Japanese investors whose names haven’t been disclosed yet.

The China-based VC has poured in around $5 million in the startup.

The startup focused on solving the pain of efficient interstate transportation for companies, has…