Top 5 Leading Logistics Startups In India
Logistics refers to the business of transporting goods from one place to a different. Traditionally, logistics played an enormous role in the growth of huge economies around the world. It all started with shipping when navigators found new trade routes across the planet which helped companies establish their bases in Asia. In a country as large as India, logistics is key to aiding people’s day to day lives. The building of ambitious road and highway projects has fueled growth within the logistics industry where transport time between major cities has gotten reduced drastically. Trading between various states of India happens solely because of the logistics industry. So let’s talk about some of the leading logistics startups in India.
1.ECOM EXPRESS
FOUNDERS – K. SATYANARAYANA, SANJEEV SAXENA, MANJU DHAWAN, T. A. KRISHNAN
YEAR OF ESTABLISHMENT – 2012
Based out of the latest Delhi, Ecom Express was India’s first logistics company that solely focused on the shipping needs of e-commerce companies. The company started in 2012 with an initial investment of ₹7 crore of which ₹5.5 crores was an investment from early-stage risk capital firm Oliphans capital. The rest of the investment of ₹1.5 crores was footed by the 4 founders.
Ecom Express has its presence over all the 29 states and operates in over 2400 towns across 25,000+ PIN-codes in India. The company is the first pvt company to reach every doorstep in every village.
2.DELHIVERY
FOUNDERS – SAHIL BARUA, BHAVESH MANGLANI, MOHIT TANDON, KAPIL BHARTI, SURAJ SAHARAN
YEAR OF ESTABLISHMENT – 2011
Launched in May 2011, Delhivery started with providing logistics services within the Delhi NCR region and later expanded to all or any of India. This logistics company, founded by 5 friends, is now present in over 800 cities.
The model adopted by Delhivery is that of an aggregator. Therefore, rather than owning its personal logistics network, Delhivery enlists the services of several logistics partner and provides the technological backbone which connects all of them. In a sense, Delhivery is just like the Uber of logistics companies.
3. Rivigo
FOUNDERS – DEEPAK GARG & GAZAL KALRA
YEAR OF ESTABLISHMENT – 2014
RIVIGO may be a technology company that’s building the fabric movement pipeline of India and making logistics human, faster, safer, and cost-effective. Founded in August 2014, Rivigo is one of the fastest-growing startups in India which provides express surface logistics everywhere the country. Just 2.5 years since its inception, Rivigo has reached a headcount of on the brink of 1700 employees additionally to a fleet of around 4000 truck drivers (the company refers to the drivers as Pilots) which are serving a number of the most important names across the Auto, Pharma, Cold Chain, and E-Commerce and Textile industries. It has raised around $110M from investment firms.
4.BLACKBUCK
FOUNDERS – RAJESH YABAJI, RAMASUBRAMANIAM B, CHANAKYA HRIDAYA
YEAR OF ESTABLISHMENT – 2015
Blackbuck, founded in 2015 by IIT-Kharagpur graduates Yabaji, Chanakya Hridaya, and Ramasubramaniam, uses technology to match a shipper with a trucker and facilitates price discovery. It also enables infrastructure around trucking including payments, insurance, financial services. BlackBuck primarily operates within the business-to-business (B2B) logistics space and works with large firms that require transportation solutions. Essentially, BlackBuck provides trucks to large firms for transporting their goods across the country with the support of a technological backend.
5.ROAMBEE
FOUNDERS – SANJAY SHARMA, VIDYA SUBRAMANIAN
YEAR OF ESTABLISHMENT – 2014
Founded in 2014, Roambee was originally headquartered in Santa Clara, USA, and has its India offices based out of Mumbai. Roambee is focussed on the technology a part of logistics and integrates Internet of Things (IoT) solutions to assist track and monitor shipments at different stages of the delivery process. This allows businesses to watch their shipments in real-time and also protect against possible pilferage and stealing while ensuring that the method is streamlined to scale back any delays.
