Logistics Startups News Today

FarEye launches last-mile innovation nexus for logistics startups with global experts. Kushal Nahata focuses on reducing costs. Event unveils mentoring, fund raising, AI, robotics, data analytics, Last-Mile Trends Report 2024, autonomous drones, urban deliveries, sustainability, and electric vehicles.

Startup Bangladesh Limited, a government-backed venture capital firm, is set to inject Tk 100 crore into 46 selected startups, aiming to strengthen the country's startup ecosystem. Since its establishment in 2020, the company has actively approved investments totaling Tk 73.50 crore across 28 companies, dispersing Tk 64 crore. These investments span critical sectors such as

The planned layoffs are part of a series of cost-cutting moves by the company, as chief executive Ryan focuses on growth with profitability. Flexport said the move "doesnt impact customer service and our ability to help grow our customers businesses," without commenting on specific details regarding employee reductions.

Airfreight and logistics solutions startup Pelicargo intends to launch its services to the public and expand its customer base in the third quarter. Founded at the Massachusetts Institute of Technology in 2021, Cambridge, Mass.-based Pelicargo considers itself an “air cargo shopping partner for small- and mid-sized IATA freight forwarders” to assist in airfreight procurement, Jon

As per this list, India has the third-highest number of Gazelles (start-ups that started out in 2014 on average when their founders were 34 years old), as per a report by research platform Hurun.

The startup aims to utilise the funding towards product enhancement and global business growth by deploying the solution at additional overseas airports, ports, and enterprise cargo handling customers.

Locus will use the funding to improve its geographical reach and build its research and development team to expand the product line.

Shiprocket raises $27 million in new funding round SECTIONS Last Updated: Feb 18, 2021, 08:08 AM IST Share Synopsis Shiprocket, an e-commerce logistics platform, says it will use the funding for development of its product roadmap, including hiring talent, and global expansion. ETtech Bengaluru: New Delhi-based logistics aggregator Shiprocket has raised $27 million in a mix of primary and secondary capital as part of its new funding round led by US-based venture capitalists Tribe Capital and Mar...

[Tech30 Special Mention] How Gurugram startup Shippigo is digitising logistics for online SME sellers A Tech30 special mention startup, Shippigo is a plug and play solution that enables companies to start shipping across the world instantly. 0 claps Share on One of Saurabh Jaitly’s friend — a platinum seller on Amazon India — confided in him the challenges he had to encounter while shipping his products. While the local logistic companies helped ship the orders, with no simple tracking m...