Every economy relies on the logistics industry. E-commerce websites have enabled startups in the logistics industry to grow their businesses. Technology allows them to connect with other fields as well. Humans are no longer restricted by distances to achieve their dreams. Most places around the world have 24×7 connectivity. The Logistics Startups In India have made it possible for global tech giants to meet online, no matter how far they are located.
The logistics sector has made it possible for most businesses to reach the end consumer, whether it is food on the plate or gadgets and large appliances. We’ve compiled a list of the top 10 logistics startups in India.
1. Delhivery
There are five founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan
Location: Gurgaon
Founding year: 2011
Delhivery is one of the top logistics startups in India, founded in 2011. It is a shipping startup based in Gurgaon. In India, Delhivery is also a startup company offering last-mile delivery services. In the future, it will serve as an operating system for India. As Delhivery’s only business is e-commerce, they can pick up, connect, and deliver shipments on time. Over 50 million households across India have successfully used Delhivery to fulfill over 340 million orders, according to its website. Moreover, businesses with over 100,000 customers and over 15 million consumers have a pan-India reach with this joint venture. This logistics company raised $652 million in 5 rounds of funding.
2. BlackBuck
Ramasubramanian, Chanakya Hridaya, and Rajesh Yabaji founded it
Location: Bangalore
Founded in 2015
By combining data science and logistics, BlackBuck has become India’s largest trucking network.. In addition to this, BlackBuck is also one of the few Indian startups focused on online trucking logistics. In addition, it pioneered the online operation of trucking that was off-line. Furthermore, BlackBuck makes truckers’ lives easier by enabling them to book a load and move at capacity, while enabling shippers to find the right track with a click of a button. Throughout its five funding rounds, BlackBuck has raised $135 million.
3. Rivigo
Founding members: Deepak Garg and Gazal Kalra
Location: Gurgaon
Founding year: 2014
In India, Rivigo builds the material movement pipeline. Rivigo aims to make logistics ‘human’.The company’s founders are Deepak Garg and Gazal Kalra. It makes logistics more human, faster, and safer while being cost-effective by combining enterprise architecture, data, culture, and operations, which can be utilized across industries including automotive, FMCG, and e-commerce. In addition to raising $216 million in 6 rounds of funding, Rivigo acquired 23 other companies.
Rivigo also launched Relay-as-a-Service (RaaS) in India to offer fleet operators and truck drivers a relay trucking model. An operating model for relay trucking is to change drivers every few hundred kilometers at relay pit-stops, then return to their home base.
4. Edgistify
Kamal Kishore Kumawat, Antim Suman, and Umang Shukla founded the company
Location: Mumbai
Founding year: 2016
Edgistify is a one-of-a-kind technology platform for logistic firms that helps them design the supply chain for many industries. In addition, it is one of the top logistics startups in India. To be a manufacturer, you need a warehouse that is stable both in the present and the future. Using Edgistify, you can find India’s best warehouse. It also verifies warehouses by inspecting them and makes the details available on its website According to Edgistify’s official website, it has developed a databank of more than 560 million sq. ft. of warehousing space. Edgistify also received funding from Marico Industries’ CEO Jitendra Mahajan and Fung Strategic Holdings’ executive director Rajesh Ranavat.
5. First Flight
Founder: O. P. Saboo
Location: Goregaon, Mumbai
Year Founded: 1988
In addition to priority couriers, e-commerce logistic services, and air cargo, First Flight offers rail cargo as well. India’s First Flight is also one of the leading courier startups. Additionally, it has partnered with Jabong, Myntra, Paytm, Home Shope18, Flipkart, Amazon, and other major e-commerce platforms. In addition, First Flight provides domestic courier services in India. As part of its plans to provide maximum end-to-end solutions to its customers, the company is setting up a large-scale integrated logistic division to be able to handle warehousing, inventory management, supply chain, and distribution.
6. ShiftKarado
Atul Mithal founded the company
Location: Gurgaon
Founded in 2015
Founded in 2015 to address the then-prevailing issues in the relocation industry, ShiftKarado is one of India’s leading technology-driven packing and moving service providers. It also provides moving services to its customers in an unorganized, competitive market.
7. 4TiGO
Founders: Vivek Malhotra and Anjani Mandal
Location: Bangalore
Year Founded: 2015
Founded in 2015, 4TiGO provides a common technology platform along with complimentary business services. It is also one of the most promising supply chain startups in Bangalore. 4TiGO’s mission is to empower the ever-growing goods transportation industry ecosystem through the synergy of technology and also networking. Moreover, it has raised $10 million in a single round of funding.
8. Shadowfax
Founders: Abhishek Bansal and Vaibhav Khandelwal
Location: Bangalore
Year Founded: 2015
Founded in 2015, Shadowfax is one of India’s largest crowd-sourced delivery platforms. Moreover, its unique logistics app enables the delivery of food, pharmacy, and e-commerce for businesses and helps them generate customer satisfaction. In addition to providing services in 150+ cities, Shadowfax processes an average of 1,50,000 transactions each day. Additionally, Shadowfax has raised $40 million in four funding rounds.
9. Locus
Nishith Rastogi and Geet Garg founded the organization
Location: Bangalore
Founded in 2015
In 2015, Locus emerged as a machine learning startup aimed at simplifying the logistics industry. Additionally, this logistics startup features artificial intelligence for scheduling, tracking, and managing fleets on-demand and in hyper-local markets. Aside from serving some of the market leaders, Locus also serves Quikr, Urban Ladder, and Lenskart. In addition, it has raised a total of $4 million over two rounds of funding.
10. LetsTransport
The founders are Ankit Parasher, Pushkar Singh, and Sudarshan Ravi
Location: Bangalore
Founded in 2015
Bangalore-based LetsTransport offers intra-city logistics services. Additionally, it is a transport startup in India. Many vendors deliver goods to both shops and offices within the city and have many clients within their home base. With verified drivers, GPS tracking, and 24/7 service, LetsTransport also offers logistic services within your city.
Also Read: Top 10 Golden Franchise Opportunities in COVID-19 Era
1 Comment