Shift Freight News Today

Porter’s operating revenue jumped 2.6X to INR 847.7 Cr in FY22 from INR 322.2 Cr in FY21 while it posted a net loss of INR 122 Cr

Bengaluru-based intra-city logistics startup, Porter, has implemented its maiden Employee Stock Ownership Plan (ESOP) worth $5 Mn.

The rapid technological advancement over the past few years has presented ample opportunities for businesses to grow. However, aggregates have made it possible for the ground zero players to reach out to their target consumers with ease. These aggregators bridge the gap between manufacturers or service providers and their customers by being an imperative link between the two.

URL copied Want to relocate amid pandemic? Heres the smart way to do it We all have been witness to the havoc wreaked by Covid-19 pandemic across India, and the scenario in the country’s IT capital Bengaluru is no different. The city is already reeling under the second wave of the exodus of city dwellers even as many continue to be stranded, for the fear of coming in contact with people for the purpose of relocation or shifting. Therefore, the question is whether or not one can r...

Disrupt or run the risk of being disrupted, says YourStory’s Shradha Sharma Delivering the opening keynote at the fourth edition of Future of Work, YourStory Founder and CEO Shradha Sharma made the case for disruptive innovation in the new normal. 0 claps Future of Work, YourStory Founder and CEO Shradha Sharma made the case for disruptive innovation in the new normal. She said, “Today, its our responsibility to ensure we are constantly disrupting and making sure that disruption is happeni...

How this Noida startup is making relocation easy Logistics startup Shift Freight is a movers and packers marketplace that caters to B2C customers. Within a year of its launch, it claims to have recorded month-on-month growth of 60 percent. 0 claps Share on The movers and packers industry in India sees around 35,000-40,000 movements every day, but it still remains a very unorganised sector for the business-to-consumer (B2C) segment. Spotting an opportunity in the sector, Avinash Raghav started ...