Vahak has raised $20.3 million,
funding It is expected to be used to acquire new users, build technology, value-added services such as fuel cards, insurance, GPS, and spare parts purchases. Vahak said it aims to create an ecosystem for truck suppliers and be a digital solution for them.
Founded in 2019 by Karan Shah and Vikas Chandrawat, Carrier is a free-to-use, open marketplace for shippers and transporters. SME To find and connect with truck drivers. It claims to help truckers earn more than double what they normally do on some major routes across India, primarily by increasing truck usage.
“Through our platform, we are enabling truck drivers to work for 25-26 days in a month, while they work for 12-15 days,” Shah said. “We are set to scale up our technology and operations to capture 10% of the Indian logistics market, and go from 1.5 million users to 10 million users next year.”
“Despite good growth, the Indian logistics market continues to face some challenges due to lack of technology integration,” said Sameer Brij Verma, Managing Director, Nexus Venture Partners. “Platforms like Carrier are driving digital transformation in the region by providing technology-driven features and services to millions of truck drivers and shippers.”
black buck, shiprocket And rivigo There are a few companies that operate in the trucking marketplace.
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