Page 20 - ITLN May-June 2024 for Magzter

Focus
Logistics
Startups

Startups disrupting

India's logistics sector

A revolution

in motion

Indian startups revolutionise logistics with EV adoption & tech
innovations, paving the way for sustainable last-mile delivery
Rajarshi Chatterjee

ndian startups are disrupting However, with the emergence of AI-driven, order-to-delivery logistics
the logistics industry by new-age companies like Falcon, platform. By leveraging advanced
revolutionising traditional the landscape has changed. optimisation algorithms and intuitive
"Ipractices through digitisation, Indian startups are spearheading workflow automation, we empower
automation, and innovative a transformation by developing enterprises to transform their logistics
technologies," said Sandeep Bansal, innovative and efficient automation operations from cost centres into
Chief Business Officer, Falcon solutions tailored for India, by India," revenue generators," added Rastogi.
Autotech, in an opening statement added Bansal. On the other hand, ProcMart is
during a recent interview with The last-mile delivery landscape digitising procurement processes
Indian Transport & Logistics News 2024 has transformed, focusing on and optimising supply chains. "At
(ITLN). The growing economy, rapid timely deliveries and cost reduction, ProcMart, we're revolutionising India's
urbanisation, and increasing digital as highlighted in FarEye's report "The supply chain industry by providing
adoption are other factors influencing Year of Change: Eye On The Last-Mile a comprehensive B2B procurement
this transformation. 2.0". This transformation has been marketplace that integrates advanced
Similarly, Nishith Rastogi, Founder driven by technology, particularly AI technologies. Our platform
and CEO of Locus, also informed us AI-powered startups in India. For connects various
that Indian startups are using new-age example, Locus has facilitated over a stakeholders,
technologies to enhance operational billion deliveries across 30+ countries
efficiency, reduce costs, and improve and, in the process, saved over $288
the overall customer experience. million in logistics costs with the help
of AI, as stated by Rastogi.
Startups powering India's logistical "At Locus, we enable logistics
wheels excellence across all miles through our
"Historically, warehouse automation
in India often required importing
technology from foreign countries.

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