Wednesday, April 14, 2021
Techiexpert.com
No Result
View All Result
  • Login
  • Register
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging
Techiexpert.com
No Result
View All Result

The Transport Hub brings IoT to logistics

Sony T by Sony T
April 20, 2019
in Startup news
Reading Time: 2 mins read
A A
0
The Transport Hub brings IoT to logistics
30
SHARES
145
VIEWS
Share on FacebookShare on Twitter

Be it tracking the maintenance of your vehicle (like changing a tyre or insurance renewal) or getting reports on vehicle efficiency and other data, it mentions no debate on technology beating manual efforts. Both B2C and B2B logistics derive with the basic necessities like GPS tracking, but B2B needs more customized technology as it works differently in terms of volume and speed.

This idea persists  behind the Mumbai-based startup The Transport Hub (TTH), that uses IoT in logistics. Technology, apart from GPS, hasn’t yet entered into the sector to build efficient and optimised functioning of resources. By providing integrated solutions to users on a pay-as-you-go model, the startup is bringing up automation in logistics to a further enhanced level. It also lends a hand towards you to avoid unauthorized usage of a vehicle as well as immobilise it remotely, providing its technology. Also, you get instant alerts on call and email if there is an emergency and no GPS signal is available.

Loaded with the founder’s investment of nearly Rs 2 crore, The Transport Hub (TTH) states to be the country’s first fully automated transport aggregator. Its Founder-CEO Rohit Chaturvedi is a technology and logistics expert with more than 18 years of experience at companies that includes KPMG, AF Ferguson and Deloitte, and CRISIL. Known to be an alumnus of IIM Bengaluru, this engineering graduate was also named to be the part of the startup team at Jasper Infotech, promoters of Snapdeal.

TTH stocks up services such as Vehicle Optimisation and profitability Solutions (VOPS), Improvement in Cold Chain Efficiency (ICE), Warehousing and Transportation Turnaround Solutions (WATTS), and Technology-enabled Real-Time Inventory Management (TRIM) for segments like transportation, retail, e-commerce, banking, pharmaceuticals, BPO, FMCG, and automobile industry. It is further aiming to optimise warehousing, cold storages, transport, and inventory management.

ADVERTISEMENT

The platform utilises predictive analytics to twin shippers or consignors and transporters most efficiently, for both of them to rate each other. TTH’s electronic Proof-of-Delivery (POD) system can be integrated with the customer’s ERP (enterprise resource planning) system. While, based in Mumbai, headquarters to most potential clients, have been a benefit for the company. Presently, the customers include JNPT, KPMG, Express Roadways, Adani Wilmar, Allana, and Maharashtra Road Transport, among other public and private sector companies.

However, Rohit marks that the talent pool for IoT is minor, stating, “The majority of this limited talent pool is concentrated in Bangalore as it is the startup hub of the country. This makes employability an issue in such specialised sectors in engineering.” Half the members of TTH’s team of 15 concentrates on tech. Stepping forward, the company is also about to establish two more products based on machine learning. Although TTH is not a capital-intensive business, yet it raised Rs 3.5 crore from angel investors currently, and seeks to raise Rs 20 crore in the coming six months for expansion of the startup.

Tags: iot startupslogistic StartupMumbai startupsThe Transport Hub
Share24Tweet3Share1Pin1
Sony T

Sony T

Sony is a passionate bloggers writes on Futuristic technologies ...

Related Posts

Websites For Conducting a Background Check
Startup news

Essential background checks that every Australian startup should use

by Sony T
April 11, 2021
PumPumPum
Startup news

PumPumPum raises INR 5.5 Cr in Pre-Series A funding led by IPV

by Sony T
April 9, 2021
Social Platform for Positive Impact – ChekMarc
Startup news

Social Platform for Positive Impact – ChekMarc

by Srikanth
April 8, 2021
5 Ideas for Your First Startup in College
Startup news

Top 5 most successful US startups

by Sony T
April 7, 2021
Kudos Raises Capital from top tier Super Angels & Fintech Founders
Startup news

Kudos Raises Capital from top tier Super Angels & Fintech Founders

by Srikanth
April 6, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Latest Stories

What is model risk management?
Big Data

What is model risk management?

by Srikanth
April 13, 2021
Methods to Protect Yourself and Your Macbook
Tech news

Great MacBook Tips for New Owners

by Sony T
April 13, 2021
6 Most Enticing Work management Apps in 2021
Tech news

6 Most Enticing Work management Apps in 2021

by Sony T
April 12, 2021
How to get started with AIOps?
Artificial Intelligence

How to get started with AIOps?

by Srikanth
April 11, 2021
Load More
Techiexpert.com

© 2020 All Rights Reserved

  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging

© 2020 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Newsletter ?

What is Expected ?

  • Newsletter
  • eBooks
  • Tech Reports
  • Infographic
  • Webinar
  • Event Tickets
We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications