October 12th, 2021
HAMBURG, Germany, Oct. 12, 2021-- Volocopter's electric heavy-lift drone VoloDrone conducted its first public flight today at ITS World Congress 2021. Together with the international logistics leader DB Schenker, Volocopter, the pioneer of urban air mobility (UAM), demonstrated VoloDrone's seamless integration into the logistics...
April 16th, 2018Bengaluru based logistics company Pando has raised $2 Million seed funding led by Nexus Venture Partners. Kashyap Deorah at Hypertrack, Girish Mathrubootham at Freshdesk, Nishant Rao at Sirion Labs (Ex-LinkedIn India MD), and P Balaji at Vodafone (Ex-Nokia, Sony Erickson India MD) also participated in this round.
Digital enabled...
June 22nd, 2017MaxWholesale, a mobile based B2B grocery supply chain platform, has raised close to USD 1 million (Rs 6 crore), led by Indian Angel Network (IAN) and Maple Capital Advisors.
These investors include names like Ambarish Raghuvanshi, Raman Roy, Sunil Munjal, Bikky Khosla, Pankaj Karna and Abhinav Grover among others, a statement said...
May 24th, 2017Chinese e-commerce giant Alibaba delivery arm Cainiao Network has announced USD 7.3 billion investment to produce one million smart vans in partnership with domestic automakers for efficient delivery.
Cainiao said a computing system, powered by the Internet, will analyse real-time orders and design the most efficient routes for its...
October 27th, 2016Chennai-based FR8, a platform for trucking system raises Rs 6.5 Cr from Omnivore Partners Venture fund. The fund will be used for expansion, investing in technology and talent.
FR8 founded in June 2016 by Jayend ran Panneerselvam and Vasanth Immanuel, already has 2,500 trucks from 400 vendors on the marketplace. It currently books...
May 13th, 2016E-commerce major Snapdeal has pumped in $300 million (about Rs 1,990 crore) over the last 18 months to strengthen its supply chain and logistics and facilitate the increase in shipment volumes.
The city-based firm has seen 1.9 times increase in shipment volumes from 1.29 lakh daily shipments last year to 2.5 lakh this year.
"We...
