Rivigo: Logistics platform providing technology-driven transport services.
Its product portfolio includes GPS trackers, stolen vehicle recovery, vehicle diagnostics, and fuel monitoring systems.
It provides vehicle tracking devices for OEMs to include in vehicles that could be tracked by way of a mobile app.
Its features include predictive engine failures, maintenance notification, over-speed alerts, geofencing, an SOS button, and tamper detection with the odometer.
It also provides vehicle data analytics to study driver behaviour and for providing predictive maintenance.
”By reintroducing our National Freight Index, we want to empower small freight owners, transporters, advisors, consultants, and the market at large, which depends on this data actively.
Going forward, we plan to launch the National Freight Forum, a collaborative platform for stakeholders of the logistics industry,” Garg said.
By introducing such platforms, Rivigo aims to uplift the industry with technology, digital tools along with other services that will bring trust and transparency in the sector, he added.
The novelty of this company lies in its unique business design of relay-trucking.
Rivigo is really a technology company that offers logistics services and solutions in India.
Zoom – The product is tailored for clients with highly variable transit requirements.
While guaranteeing the service quality of Prime, the Zoom model helps run freights on standardized routes.
How an Indian startup is using Big Data to go after the global trucking market, which is 20x how big is global cab revenues.
Expert Collections Containing Rivigo
IContainers offers digital access to compare and book international ocean freights.
On a hot summer Indian afternoon, Deepak Garg (ex-McKinsey) and Gazal Kalra (Stanford MBA, ex-McKinsey) showed a crude mobile app to truck owners and drivers at a hub on the outskirts of Delhi, India.
With increasing opportunities in the space and the option of tech for everyone, the startups in the space need to keep upping their game.
For instance, doing comprehensive data integrations and achieving the opportunity to actually utilize data from varied streams to build up and deliver credible intelligence systems can help a startup have an edge over others.
The pan India network provided by Rivigo includes over 70 pit stops across the country.
Rivigo provides FTL service to any destination from nearly every location and not just between tier 1 and tier 2 cities.
Experiencing this opportunity are cross-border logistics players, who leverage advanced technologies to greatly help independent businesses enable direct commerce.
Of the about 200 logistics startups in the country, only 20 companies have already been in a position to raise large rounds of money.
In accordance with YourStory research, logistics only had 28 deals in 2016, and deal sizes were smaller than in 2015.
In 2015, ECom Express raised $133 million while Delhivery was able to raise close to $85 million.
Rivigo was founded by Deepak Garg, an IIT Kanpur, and IIM Bangalore alumni in 2014.
Before the inception of this company he worked as a consultant with McKinsey&Co.
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Rivigo operates its fleet of trucks and one of the primary ways it differentiates from competitors is tracking how much time most drivers can stay on the street before they get too tired to operate a vehicle safely.
It uses those numbers to create a relay system so drivers can end their shift and hand their truck off without interrupting Rivigo’s 24-hour route operations.
Each operator has a smartphone app that automatically clocks them
- While pricing can be key for the India market, other differentiating factors may also go a long way.
- ShareMyStorage connects free space for storage to customers with a dependence on storage.
- also be environmentally efficient considering that freighting on rail is normally more sustainable that by truck.
- Of the about 200 logistics startups in the united kingdom, only 20 companies have already been in a position to raise large rounds of money.
The company also offers created a network of over 70 pit stops across the country.
This translates to a driving distance of around 250 km or about five hours for a driver between pit stops.
Startup News And Updates: Daily Roundup (december 29,
According to company statements, the clients have been able to reduce their line haul cost by 50-70%.
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