List Of Top Logistics Startups In India

The logistics industry is the backbone of every economy. The growth of e-commerce websites in India enabled startups dealing in logistics to scale up their business and tap into other areas through technology. This allowed them to solidify the existing supply chain solutions and fill the gaps in the otherwise fragmented and unorganized Indian logistics industry. The current value of Indian Logistic sector is $160 Billion. At the current growth rate, the Indian logistics industry may reach $215 billion by 2020. As per a 2018 report, India's LPI (Logistics Performance Index) rank is 44. Here is a list of the top supply chain startups in India as of 2019 that are helping to raise India's rank while they flourish.

Transport Startups in India

Delhivery
BlackBuck
Rivigo
Edgistify
First Flight
ShiftKarado
4TiGO
Shadowfax
Locus
LetsTransport
Qikpod
FreightBro
Blue Dart

Delhivery

Founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan

Location: Gurgaon

Year Founded: 2011

Delhivery Logo | Leading E-commerce Logistics Company in India

Founded in 2011, Delhivery is one of India's leading supply chain services. It is a Gurgaon-based shipping startup. Delhivery is one of the last mile delivery startup companies in India. It envisions becoming the operating system for India. Delhivery's business model only deals with e-commerce orders; this makes it easy for Delhivery to pickup, connect, and deliver shipments on time. According to its official website, Delhivery has successfully fulfilled over 340 million orders for more than 50 million households across India. Moreover, the venture brings unparalleled cost efficiency and has a pan-India reach to the businesses of over 100,000 customers and over 15 million consumers every month. The logistics startup raised a total of $652 million over 5 rounds of funding. The latest round of funding was on March 6, 2019.  


Also Read: A Complete Guide on How to Start an Ecommerce business in India in 2020


BlackBuck

Founders: Chanakya Hridaya, Rajesh Yabaji, and Ramasubramaniam B

Location: Bangalore

Year Founded: 2015

BlackBuck Logo | Supply Chain Startup in Bangalore

Formed in 2015, BlackBuck has become India's largest trucking network by combining data science and logistic services to create a smart supply chain. BlackBuck is one of the few online trucking logistics startups in India. It is a pioneer in bringing the offline operations of trucking online. BlackBuck is committed to making life easier for truckers by allowing them to book a load and move at capacity and enables shippers the access to the right truck, all at the click of a button. BlackBuck has raised a total of $135 million over 5 rounds of funding. The latest round of funding was on October 8, 2018.

Rivigo

Founders: Deepak Garg and Gazal Kalra

Location: Gurgaon

Year Founded: 2014

Rivigo Logo | Truck Aggregator in India

Rivigo is a technology venture building the material movement pipeline of India. Rivigo's vision is to make logistics 'human'. Deepak Garg and Gazal Kalra are the founders of Rivigo. While making logistics human, faster, safer, and cost-effective through excellence in technology, data, culture and operations, it services multiple industries such as e-commerce, automotive, FMCG, and others. Rivigo has raised over $216 million in 6 rounds of funding. Rivigo raised $4.9 million from South Korea's KB Platform fund in 2020. Rivigo's valuation sits at $1.05 billion. Rivigo’s revenue was Rs 1,028 crores in the year 2019.

Rivigo has launched a Relay-as-a-Service (RaaS) to offer a relay trucking model to fleet owners and truck drivers in India. Relay Trucking is an operating model wherein drivers change over after every few hundred kilometres of driving through a network of relay pit-stops and then get rostered back to their home base.

Rivigo launched the National Freight Index in 2019. National Freight Index enables unrestricted, real-time sharing of freight pricing. It has the potential to unlock immense value for the logistics industry.

Edgistify

Founders: Kamal Kishore Kumawat, Antim Suman, and Umang Shukla
Location: Mumbai

Year Founded: 2016

Edgistify Logo | Supply Chain Startup in India

Edgistify is a one of its kind tech platform for logistic firms that aids them in designing the entire supply chain for different industries. It is one of the top logistics startups in Mumbai. As a manufacturer, one needs a reliable warehouse which doesn't cause problems at present and in the future. Edgistify helps you find the best warehouse in India. It verifies warehouses by inspecting them and makes the details available on its website. This way you've the required information on your fingertips if purchasing a warehouse interests you. According to Edgistify's official website, it has developed a databank of more than 560 Million Sq. ft. of warehousing space. Edgistify received funding from Jitendra Mahajan, the COO of Marico Industries, and Rajesh Ranavat, executive director at Fung Strategic Holdings.


Also Read: 10 eCommerce Business Ideas Which Can Yield High Profit


First Flight

Founder: O. P. Saboo

Location: Goregaon, Mumbai

Year Founded: 1988

First Flight Logo | Indian Startup in Logistics Industry

First Flight provides services such as priority courier, e-commerce logistics, air cargo, and train cargo. First Flight is one the top courier startups in India. It has partnered with Jabong, Myntra, Paytm, Home Shope18, amazon, shop clues, Flipkart, and other major e-commerce companies. First Flight is India's domestic courier service. The company is in the process of setting up a large-scale integrated logistics division to offer an entire mount of warehousing, inventory management, supply chain services, and distribution channels, thereby providing total end-to-end solutions to its customers.

ShiftKarado

Founder: Atul Mithal

Location: Gurgaon

Year Founded: 2015

ShiftKarado Logo | Logistics Startups in India

Launced in 2015 with the aim to resolve the then-prevailing issues in the relocation industry, ShiftKarado is among the leading technology-driven packing and moving services providers in India. It operates in the competitive, unorganized relocation market to simplify the movement process for its customers.

4TiGO

Founders: Vivek Malhotra and Anjani Mandal

Location: Bangalore

Year Founded: 2015

4TiGO Logo | Logistics Startup in Bangalore 

Founded in 2015, 4TiGO provides a common technology platform along with complementary business services. It is 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 networking. It has raised $10 million in a single round of funding that was held on May 2, 2017.


Also Read: 13 Ways to Market Your eCommerce Website


Shadowfax

Founders: Abhishek Bansal and Vaibhav Khandelwal

Location: Bangalore

Year Founded: 2015

ShadowFax Logo | Logistics Startup in Bangalore 

Founded in 2015, Shadowfax is one of India’s largest crowd-sourced delivery platforms. Its unique logistics app enables the delivery of food, pharmacy and e-commerce for businesses and helps them generate customer satisfaction. According to its website, Shadowfax provides services in 150+ cities with over 1,50,000 transactions being processed by it on an average everyday. Shadowfax has raised $40 million over 4 rounds of funding. The last round of funding was on August 22, 2018.

Locus

Founders: Nishith Rastogi and Geet Garg

Location: Bangalore

Year Founded: 2015

Locus Logo | Logistics Startup in Bangalore 

Founded in 2015, Locus is a machine learning startup focused on simplifying the field of logistics. The logistics startup uses artificial intelligence to solve problems such as scheduling, tracking, and the management of on-field fleet in on-demand and hyper-local industry segments. Locus caters to startups, enterprises and brands across various sectors like grocery, furniture, pharma, and consumer electronics. The startup boasts of serving some of the market leaders such as Quikr, Urban Ladder, Licious, and Lenskart. The startup has raised a total of $4 million over 2 rounds of funding. The latest round of funding was on June 5, 2018.


Also Read: Inexpensive Ways To Launch a Product


LetsTransport

Founders: Ankit Parasher, Pushkar Singh, and Sudarshan Ravi

Location: Bangalore

Year Founded: 2015

LetsTransport Logo | Intra City Logistics Company in India

LetsTransport is an intra-city logistics service provider in Bangalore. It is a transport startup in India. Vendors tend to have many clients within their home base and are required to deliver goods to shops and offices within the city. LetsTransport provides logistic service within your city through verified drivers, GPS tracking, and 24/7 service. The delivery startup has raised a total of $20 million over 5 rounds of funding.

Qikpod

Founder: Ravi Gururaj

Location: Bangalore

Year Founded: 2015

Qikpod Logo | Logistics Startup in Bangalore

Qikpod is a platform that allows you to get the delivery of your parcel using safe and secure lockers. You need to provide the details about your delivery boy to Qikpod, and he will deliver the parcel to you in a Qikpod locker. This method of delivery guarantees safety as you can unlock the locker only with an OTP sent on phone. Presently, Qikpod caters only to the people of Bengaluru. It has raised $9 million in one round of funding. Business tycoon Ratan Tata is one of Qikpod's investors!


Also read: How to use Medium to Boost your Business


FreightBro

Founders: Anand Babu, Mohammed Zakkiria. A, and Raghavendran Viswanathan

Location: Mumbai

Year Founded: 2016

FreightBro logo | Logistics Tech Startup in India

Founded in 2016, FreightBro provides intuitive solutions which work at the touch of a button. It is one of the top logistics companies in Mumbai. In today's world that's dominated by technology, doing business offline is an inefficient way of functioning. FreightBro provides you with high-tech solutions to speed up your day-to-day business activities so that you only focus on the core business. It goes beyond the role of a service provider by acting as an advisor as well. A true business partner indeed!

Blue Dart

Founders: Tushar Jani, Khushroo Dubash, Clyde Cooper, and Clyde C. Cooper

Location: Mumbai

Year Founded: 1983

Blue Dart | Leading Logistics Company in India

Blue Dart Express is one the largest logistics companies in India, and South Asia's premier express air and integrated transportation/distribution company. Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories, and offers an entire spectrum of distribution services. These include air express, freight forwarding, supply chain solutions, customs clearance etc.


Also read:


So this was a list of top logistics and transport startups in India. Hope it spurs the entrepreneur in you! Do you know about other logistics startups in India? Do comment.

Author image

About Ashwini

  • Maharastra
You've successfully subscribed to StartupTalky
Great! Next, complete checkout for full access to StartupTalky
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.
X