So, the trip planning and routing needs to be done in such a way that there are trucks travelling in both the directions at about a similar time.

Rivigo would be the 25th Unicorn in the country.

. That’s exactly what the airlines industry does. - Seats Limited to 100 Only (First Come First Serve). In April 2015, SAIF Partners had pumped in $9.6 million (then Rs 61.8 crore) in a Series A round, to follow it up with an infusion of $30 million (then Rs 200 crore) as part of a Series B round in December the same year. Lorem ipsum dolor sit amet, consectetur adipiscing elit. All Gazal Kalra and Deepak Garg had was faith and hope when they founded transportation company Rivigo. Another area of focus for the company, which has an employee base of around 2,000 not including the pilots, is technology, especially in Artificial Intelligence (AI). Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. This and the need to have complete control and visibility over routing and each part of a truck’s journey made the company invest heavily in technology. The person cited above said that the company’s existing institutional investors, SAIF Partners and Warburg Pincus, have participated in the funding round. Rivigo would be the 25th Unicorn in the country. The comp, ut labore et dolore magna aliqua. Besides consumer Internet companies, pure-play B2B firms including Udaan, Freshworks, Delhivery, Druva and Ola Electric also achieved a valuation of $1 billion or more in the past 21 months. According to data from. Rivigo valuation is $1.1 b, and annual revenue was $105 m in FY 2019 Rivigo is funded by 6 investors. The second truck also reached in 24 hours, but the third truck took 36 hours as it experienced a breakdown. Get the full list », Co-Founder, Chief Executive Officer & Board Member. [])-[])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![]))/+((!+[]+(!![])-[]+[])+(!+[]+(!![])+!![]+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!!
The company recognises these challenges, especially that of finding the right set of drivers and has therefore invested in an effective HR process. Joining the league of the firms mentioned above, surface logistics company Rivigo … Making the profession respectable would ensure a steady supply of good drivers. Ensure they use only new covered trucks, give complete visibility to the client on a truck’s journey, and ensure that a truck can cover the distance between any two parts of India in less than three days. [])-[])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]))/+((!+[]+(!![])+!![]+[])+(+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]-(!! [])). “The amount of AI and blockchain you can use in logistics is unparalleled. Something as simple as driver routing can be made much more efficient with machine learning and AI,” says Gazal. “The model is very intelligent. The Gurugram-based company has been valued at around Rs 7,593 crore ($1.07 billion) in a fresh round. The startup’s last reported valuation was $950 million and with this funding it could have crossed the $1 billion mark to be a unicorn. Losses also galloped to Rs 137 crore last fiscal from Rs 5.5 crore in FY2016.

Rivigo has raised $270.55 m in total funding. Getting such a large, trained driver base will not be easy. Get the full list », You’re viewing 5 of 7 investors.

Rivigo is funded by 6 investors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urgaon-based tech-enabled logistics services provider Rivigo Services Pvt. Manish says road transportation is a $80-billion opportunity in India, making it the single largest opportunity in logistics. Transportation in India is among the most part of operations for companies in sectors as diverse as manufacturing, FMCG, and ecommerce. Gazal confirmed the company has reached post-money valuation of $1 billion. The driver who has handed over the truck then takes the wheel of another truck making the return journey and so is back at his home stop by end of the day. They have helped us compress the time taken to transport produce between Delhi-Bengaluru, Guwahati-Bengaluru to half the time typically taken. RIVIGO Labs, their technology think-tank is home to the country’s best data scientists and engineers.

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