WhistleDrive enters urban logistics with 5000 trucks, 20 clients

2020-11-24 10:22:43 Logistics News (Roadways & Railways)

 Employee mobility provider WhistleDrive has announced foray into the niche urban mobility market backed by 5000+ truck fleet, and a portfolio of 20 medium, large clientele.

This foray expands WhistleDrive services portfolio as technology-enabled employee transportation and end-to-end logistics for corporates and enterprises.

Before Covid-19

Before Covid-19, the Hyderabad based, WhistleDrive was a technology-enabled employee transportation company, providing fleet and employee transportation management software to the corporates covering 4 cities, 75+ clients, 1.5 lakh+ trips per month. The company had raised Series B funding of ₹72 crore in Sept 2019 and series A funding of ₹5 crore in the pre-pandemic time.

We are as a full stack logistics solutions company that provides platform driven fleet services says founder of WhistleDrive

Rakesh Munnanooru, founder of WhistleDrive said, “For enterprises, the distribution of products has become a complex, competitive logistics process. Especially with e-commerce, there is an increased necessity in the market for a reliable tech-driven logistics partner to beat inconsistent, unorganised fleets. We are in a unique position to fill this gap, as a full stack logistics solutions company that provides platform driven fleet services.”

“It has been just 6 months since we started logistics services, we have already onboarded some of the top brands in the country like Amazon, Flipkart, Big Basket, Myntra, JSW, Grofers, Delhivery, and other leading enterprises, serving 11 cities in India. We are currently, focusing on mid mile, last mile deliveries in Intracity & intrastate, and adding on Line Haul operations that can be operated within a day.” Rakesh added.

The WhistleTruck business is part of WhistleDrive's new growth strategy, tapping into the rising e-commerce and delivery service businesses, this new move will also help offset the severe pandemic impact in the employee transportation business.

Any player with elastic supply power will be able to scale in logistics  market

“In the logistics market, supply elasticity is the key, any player with elastic supply power will be able to scale, Just In the last 6 months, we have onboarded more than 5000 trucks on our platform,” Rakesh said.

Having raised its Series B funding last fiscal, the company is not planning to raise new funds, at least for the next 12-18 months. WhistleDrive is actively hiring domain experts in the logistics industry.

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