Transporter.city, an AI-driven logistics platform, based out of Gurugram, has bagged an undisclosed amount of seed funding from Axilor Venture, Touchstone Equities, and Lead Angels. While, some of the undisclosed players also participated in the round.
The infuse capital will be used to make strong its technology capacity and build on its services capabilities pan India.
Transporter.city was founded by Shailendra Singh, Sonesh Jain, and Soumya Arora. The company also provides location-based software development kits (SDKs) that can be integrated with mobile apps to track on-field operations, shipping, and engagement between users and employees.
The company claims its SaaS model helps in offering an AI-enabled delivery CRM for automating logistical functions. The tool helps users to plan deliveries, reduce delivery costs by optimising routes, and to reduce failed attempts among other things.
The platform helps companies automate delivery planning (pickups/dispatches) for first/last mile distribution. It provides a location-enabled platform for facilitating operations in the e-commerce, logistics, food, groceries, waste management, and healthcare sectors.
Furthermore, at present, the logistics industry in India employs 22 million people, and is expected to be the largest job creator by 2022.
Some of the startups in the similar domain include Rivigo, Delhivery, Blackbuck, Locus, Elastic Run, 4tigo Network Logistics, etc.