Page 21 - ITLN May-June 2024 for Magzter

Indian startups
are disrupting the
logistics industry
by revolutionising
traditional practices
through digitisation,
automation, and can significantly reduce operational purchase experiences will be critical
innovative technologies. expenses. According to Bansal, differentiators for last-mile providers,
businesses are evolving with these ensuring a positive and hassle-free
Sandeep Bansal homegrown technologies, leading to customer experience throughout the
Falcon Autotech increased efficiency and improved delivery lifecycle. Profit optimising
supply chain management. costs will remain crucial for last-mile
offering them access to a wide range of providers to maintain profitability.
products, efficient sourcing solutions, The current landscape The shift in shopping habits post-
and strategic collaborations with India's logistics sector has historically pandemic has led to significant changes
local vendors," said Sachin Jain, Chief struggled with inefficiencies, in the logistics industry. E-commerce
Financial Officer (CFO) and Chief fragmented operations, and companies are now offering fast
Strategy Officer (CSO) of ProcMart. infrastructural challenges. However, deliveries, resulting in substantial
According to the FarEye the emergence of startups focusing growth in the sector. Many startups,
report, leaders should use on last-mile delivery, supply chain especially in the EV sector, are meeting
AI, EVs, and drones to optimisation, warehousing solutions, the increasing demand. EV as a Service
optimise operations and and digital freight platforms is ushering has become popular, offering tailored
achieve sustainable, in a new era of efficiency and reliability. programmes to accelerate EV adoption.
low-carbon deliveries. The FarEye report further According to Akash Gupta, Co-founder
Leveraging AI and highlighted that demand for faster and and CEO of Zypp Electric, this benefits
predictive analytics more convenient delivery options is all stakeholders.
for demand rising, with customers expecting same- Electric Vehicle as a Service (EVaaS)
forecasting and day and next-day delivery as the norm. is a subscription-based model that
route planning The ease of returns and seamless post- provides users with access to electric

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