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Startech: Artificial Intelligence powers logistics ecosystem

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Shipsy enables digital transformation across the logistics ecosystem. It's artificial intelligence (AI)-powered platform and mobility suite seamlessly connects cross- border and local logistics by automating operations and ensuring intelligent third-party logistics (3PL) management. Shipsy's intuitive platform provides complete visibility of first, middle and last-mile operations, unlocks operational efficiency, and leverages real-time analytics to make informed decisions. "The idea behind starting Shipsy was to solve the challenges and inefficiencies of the last- mile logistics. But we later realised that it was just the tip of the iceberg. We saw an urgent need to marry the physical and digital parts of the goods' movement. Hence, we started to build and expand the capabilities of our platform to drive the digital inclusion of siloed logistics aspects. So, although we created by focusing on the last mile, we gradually directed the solution to include the first and middle mile, intermodal and cross-border supply chain stakeholders, and even customers," said Soham Chokshi, the chief executive officer (CEO) and co-founder, Shipsy, which was founded in 2015 in Gurugram, Haryana, India.


How Technology Is Bridging The Gaps In India's Fragmented Logistics Sector

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India's logistics sector is booming, and is touted to be worth $307 billion by 2020. Retail, e-commerce and manufacturing have propelled its rapid growth, but so far it has been largely unorganized, mainly thanks to outdated processes and limited technological intervention. This technological gap has created multiple opportunities for startups to provide innovative solutions to mitigate the industry's connectivity problems, service e-commerce players better and provide a seamless customer experience. Shadowfax is one of India's first logistics startups planning to run a pilot project using a drone. Gurgaon-based hyperlocal logistics startup Shadowfax is one such startup.