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August 20, 2021: LetsTransport onboarded former Rivigo director of engineering Parijat Rathore as chief technical officer (CTO) to strengthen its core engineering and product teams with the aim to offer seamless user experience to its customers on the platform.

#Supply chain #logistics #LetsTransport #India #Rivigo #Flipkart #Unicommerce

Joining the league of the firms mentioned above, surface logistics company Rivigo has also achieved the covetous status of Unicorn

Number of Unicorns is growing in India. Over a dozen firms had raised fundings over $1 billion valuations since 2018. Besides consumer Internet companies, pure-play B2B firms including Udaan, Freshworks, Delhivery, Druva and Ola Electric also achieved a valuation of $1 billion or more in the past 21 months.

Read more at: Business News

#unicorn #rivigo #logistic

TechCrunch: India’s Rivigo raises $65M to expand its freight and logistics platform

Rivigo, a tech startup in India that wants to build a more reliable and safer logistics network, has raised $65 million as major investors continue to place big bet on opportunities in overhauling trucking system in the country.

The Series E round, which has not closed, for the five-year-old startup was led by existing investors Warburg Pincus and SAIF Partners. The startup, which has raised…

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#apps #Asia #Funding #Logistics #Rivigo #SAIF Partners #Transportation #Uber #Venture Capital #warburg pincus

4 Reasons Why you Should Book a Transporter Online

Finding the right transporter for shipment of your cargo can be a time-consuming and daunting task. And it often goes in vain because sometimes either the transporter has high transportation cost or it does not have permit to ship cargo to the city you want to deliver the cargo to. In many cases, the transporter is not reliable. But there’s a solution to it. Now, you can now book a transporter online and save yourself multiple hassles associated with booking a transporter. To explain this further, here are 4 reasons why you should do it:

1. Get Instant Quotes

One of the key advantages of booking a truck online is that you get instant quotes from transporters who can take on the responsibility for transportation of your shipment. You will receive quotes from them and then you can decide which is best for you based on their cost, duration of delivery, etc. It makes the process incredibly quicker.

2. Good Customer Care Service

Almost every platform which allows you to book a truck online has quick and excellent customer care service. Therefore, regardless of what your doubts are, if there is any inconvenience in the transportation of your shipment, you can inquire and get the right information about it.

3. Easy Payment Option

With the platform through which you can book a truck online, you can also make the payment. You can either do it in advance or after the shipment has successfully reached its destination. This makes the whole transaction process easier and quicker.

4. Track the Shipment

As it is with every online platform, you can easily track the shipment any time of the day. Most truck booking platforms provide you with the feature to track the location of the shipment 24x7. So you can keep a check and ensure that it is on the way, if there is a delay to be expected, etc.

With so many platforms available now, it has become convenient for distributor to book a transport company in India for transportation of their goods. The aforementioned reasons are why you should do it online.

#Rivigo #transportation company

Good news: Start ups hiring the top talents, but with caution

It is good news for top talents, Indian internet companies are now starting to employ senior innovation leaders after a long gap of about two years. But the recruitment procedure has turned out to be longer, given that the organizations are careful about the 2015 debacle, when most tech administrators from the Silicon Valley did not adjust with at Indian start up companies. Swiggy and Rivigo, quickly developing new businesses have driven the recruitment of senior innovation officials, spending huge cash to get experienced leaders in key roles. New companies are not indiscriminately looking at Silicon Valley for talent, but rather focusing to hire tech executives who have worked for some time in Indian internet companies. They will likely direct a more rigorous evaluation of whether the tech leaders will fit into the workplace of the new businesses, or, in other words from that of Silicon Valley organizations. This time, the compensation packages, as well, have been organized in other way, including more investment opportunities and less money to help maintenance shots, said officials. Deepak Singh Ahlawat, CEO Quarter, Purple, a tech authority enrolment firm said “New companies are understanding that tech will be a key differentiator for them throughout the following 5-10 years so there is much more seriousness and spotlight on enlisting the correct tech leader. He further said "Presently new companies are setting aside greater opportunity to enlist CTOs and product leaders and are prepared to give them more stock in the organization. By giving more stock you guarantee that the individual you're procuring has skin in the game," The restoration in recruitment comes following two years of respite caused by a general slowdown in start up funding and wariness about recruiting costly hands. "In 2015, there was a mismatch of expectations, vision and culture between tech leaders who were hired and start up CEOs. The new companies have gained from that misstep. Presently, CEOs are a basic piece of the employing procedure so there is a superior educated appraisal of whether there is a culture and vision fit between the tech leaders and CEOs they will work for. This will increase the chances that the hiring will work out," said Ahlawat. As seen in 2015, the then rising new companies, for example, Flipkart, Snapdeal, Zomato and Ola, had all spent enormous cash to hire executives from the Silicon Valley. Be that as it may, many, including Punit Soni and Peeyush Ranjan at Flipkart, and Tanmay Saksena at Zomato, did not keep going long. Anshuman Das, founder of pursuit consultancy Longhouse Consulting said “In 2014-15, senior administration recruitment was driven by massive capital infusions into a bunch of new businesses”."A great deal of talent was hired into senior administration jobs, however it didn't prompt anything much. Today, there has been union in each division and things are significantly more dealt with. So the attention is more on people who are capable and not on quantity," Das said. He included "Organizations are relaxing their tote strings a bit to pull in senior hires, however not in a reckless way, 'we will pay whatever' way. Senior administration likewise has genuine jobs to do now and their motivation in the organization is significantly stronger than it was previously," Read the full article

#featured #Goodnews #Rivigo #SiliconValley #Startups #Swiggy