The introduction of new technology has led to a significant revolution in the Indian logistics sector in recent years. The era of highly manual, fragmented logistics, with no transparency or visibility into the movement of commodities, is long gone. 

Logistics firms and shipping aggregators can now offer real-time visibility and traceability of shipments, optimize their operations and raise customer service standards thanks to new solutions like transport management systems (TMS), warehouse management systems (WMS), and GPS tracking.

The Indian logistics market was estimated to be worth $250 billion in FY21, and it is expected to rise by 10 to 12 percent a year by 2025 to reach a value of $380 billion. 

Also Read: Best E-commerce Shipping Strategy that will work for your Startup

The Top 5 Logistics Startups Offering Cutting-Edge Logistics Services

  • FreightFox

FreightFox prioritizes technology and is committed to adding value to the B2B logistics market in India. They offer data-driven, cutting-edge technical solutions for efficient, economic on-ground transportation operations. Customers can check freight expenses, measure vehicle capacity, and gain market knowledge thanks to Freightfox. 

  • Trukky

Using its web- and app-based technologies, Trukky manages online truck bookings for logistics. Users can hire vehicles and oversee their logistics operations by using their network of truck operators dispersed throughout India. They are proficient in door-to-door, partial truckload, and full truckload deliveries and offer quick delivery options.    

  • Rivigo

Rivigo provides logistics solutions to a number of industries, including e-commerce, medicines, and automobiles. The companies in the trucking ecosystem are embracing their straightforward and easy-to-use technology tools. Their networks, which rely on company-owned trucks, cut transit times by 50 to 70 percent when compared to their competitors. Their networks cover more than 30,000 pin codes in India. 

  • NimbusPost

NimbusPost is a shipping aggregator software platform that helps MSMEs and even large corporations streamline their end-to-end logistics operations through shipping (domestic and cross-border), warehousing, and fulfillment solutions.

The NimbusPost dashboard has a number of features, including a verification system, an automated non-delivery report, a live shipment, order booking, post-purchase shipping alerts, and performance tracking. The platform also provides a fraud detection tool that employs machine learning and artificial intelligence to prevent fraudulent orders. 

  • GoBOLT

Using IoT and analytics, GoBOLT provides services including vehicle selection, route planning, delivery planning, documentation, and more. They are based in Mumbai and have networks all over India. Two of their flagship products are their marketplace, which has more than 5000 trucks, and their hybrid asset ownership models.

Conclusion

The future of the Indian logistics industry is bright given the surge in new shipping aggregators and logistics startups, as well as the development of technology, which will have a big impact on how the logistics industry evolves in the future.