LogisticsNow

LogisticsNow

LogisticsNow provides a neutral platform for logistics to organize the logistics industry, optimize operations, time and revenue, focusing on emerging markets with lack of business visibility, utilization and transparency.

Company Details

Location
Mumbai, India
Founded
2016
Employees
11-25
Fundraising
Round open now!

Management Team

Raj Saxena avatar

Raj Saxena

Founder & CEO

    Anvit Raut avatar

    Anvit Raut

    Analytics

      Learn more

      About LogisticsNow

      Problem

      Fragmented logistics industry where shippers and transporters are both struggling with:

      • High cost due to inefficiency - 14% of GDP (India), 13% (world) utilization (India, monthly paid miles) < 5000km
      • Low reach and reliability - 50%+ of 700+ districts underserved
      • Unhappy users - users across 100+ companies surveyed

      Solution

      LogisticsNow is creating the integrated digital backbone for logistics “National Logistics Grid”: the Brain for Logistics. Creating value through integrated freight benchmarks, procurement, intelligence and digital operations (with synergy through transporter mapping & backhauls).

      Differentiator

      Trusted neutral platform, foundation for shared logistics and multimodal integration; Globally scalable.

      Biggest Achievements

      • $6 million Savings
      • India’s first contracted road freight benchmark platform (launched in Dec 2020) powered by 40K+ lanes across 600+ districts, $1.5Bn of freight spend, 800+ transporters