Startups evolving logistics tech Landscape

Shiprocket, a startup based in Gurugram, and established by Saahil Goel, has successfully leveraged its data engine that utilizes machine learning to generate shipping labels. It also allows for centralized order tracking while recommending courier services tailored towards individual companies. Customers can conveniently manage orders from various marketplaces through the platform's upload feature as well as track their shipments using AWB tracking numbers or mobile phone numbers among other methods of identification. The company has recently concluded its series E funding round where it managed to raise an impressive $323m in investment capital.

BlackBuck, a logistics tech startup headquartered in Bengaluru, has emerged as the largest trucking and transportation platform in India. Founder Rajesh Yabaji is making strategic use of cutting-edge technologies to connect truckers with business enablers through data science. In addition to providing valuable information for drivers, BlackBuck helps reduce fuel costs by optimizing delivery routes.

Flux Auto, located in Bangalore and run by Pranav Manpuria, is creating a self-driving package for trucks that utilizes artificial intelligence. This innovative system can be activated with the press of one button when on highways and effectively manages acceleration, braking, steering, and transmission decisions through data collected from multiple sensors to ensure informed actions are taken.

With an aim to install clean and green environment, Carrus Mobility Solutions of Bhopal by Sameep Tripathi is manufacturing world class refrigeration containers. They have procured their product with advanced technologies and innovative engineering. They are using renewable energy sources and reduce operational costs and incorporate real-time monitoring and autonomous operations along with smart fleet management to optimize the supply chain, potentially boosting revenue.

Pune-based CargoFL boasts an innovative AI-driven platform that delivers an efficient cloud-based ERP solution for businesses. Guided by Deepesh Kuruppath and Geeta Bora, the company offers a dispatch management system to automate their supply chain processes and escalate overall productivity while reducing timeframes and expenses. Their top-of-the-line ERP product streamlines essential functions such as booking management, vendor consolidation, e-invoicing processing alongside amplifying logistics function digitally with advanced capabilities of enhanced visibility into their entire supply chains.

Last note

The logistics sector is undergoing swift changes through advancements in AI, analytics and automation. Innovations such as autonomous vehicles and smart warehouses are being spearheaded by start-ups delivering cost-effective deliveries at a faster pace. In addition to established logistic companies, startups are driving the industry's progress with inventive solutions and technologies. This rapid progress has raised expectations for speed and efficiency, compelling logistics firms to adapt or risk becoming outdated while balancing technological advancement with the rising needs of consumers is the key toward shaping the future of this industry.