Top 10 Startups In Transportation & Logistics - 2020

Intruded by the interplay of infrastructure, technology and new types of service providers, the Indian logistics sector is experiencing a huge transformation. Primarily comprising of freight and transportation via road, rail, air, and water, as well as ancillary sectors such as inventory stocks & warehousing, this unorganized logistics sector faces a lot of challenges, to which largely contributes the poor infrastructure in India. Albeit, according to the Economic Survey 2017-18 tabled in Parliament, the Indian logistics market is expected to reach about $215 billion in 2020, growing at a CAGR of 10.5 percent with the implementation of GST. Contributing to this market is the transportation and logistics startup firms who are performing well and affirming their roots in the industry. Today, in the era where we're accustomed to everything being online and right at our fingertips for immediate access, these smart startup logistics, freight and delivery companies have been outfitting their fleets with GPS systems to monitor the location, movement and status of their vehicles. Implementing all this, India has been standing stiff as a strong and developing nation handholding the startup founders and other professionals in their journey of leveraging distinct products & solutions in the industry. Presently, developing their individual websites almost all transportation and logistics startup firms are yearning to relish from the industry's burgeoning growth. Having acquired significant local knowledge and procuring capital investments, they have gained traction, and are even rocking the industry by perfecting freight management, route optimization, and vehicle tracking solutions. With such encroaching strategies, fostering innovation, and enduring risks, they are all set to row their startup firms. Exploring the world of transportation and logistics startups and their portfolio in India, CEO Insights has come up with a detailed listing for `Top 10 Startups in Transportation & Logistics ­ 2020'. An expert panel comprising of entrepreneurs, industry experts and VCs along with CEO Insights Editorial Board has prepared this list of front runners in the startup space, post a meticulous evaluation. The listing not only showcases the excellence of these startup firms and their exemplary products/services, but also the variegated trends disrupting the Indian transportation and logistics startup ecosystem.