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Rivigo Stock

Logistics Services & Solutions in India

About Rivigo Stock

At Rivigo, They are a technology company that is building the material movement pipeline of India and making logistics human, faster, safer and cost-effective through a globally unique innovation, enabled by a strong interplay of technology, data, culture and operations excellence. Founded in 2014, they have been transforming the sector with their global-first driver relay model and cutting-edge technology to consistently provide unparalleled delivery times and reliability to their clients. The model also helps ensure that each of their truck drivers, the pilot, now spends less time away from his family, thereby leading a life of meaning, dignity and respect. Their full-stack logistics offering includes relay-led trucking and freight marketplace. Relay delivers express logistics across full truck load, part truck load and cold chain logistics. Clients leverage 50-70% reduced Turnaround Time (TAT) and higher reliability to reinvent their business models – serving new markets, reducing inventory and significantly cutting costs. RIVIGO Freight is India’s largest digital trucking marketplace. Clients can post or add full truckload requirements and get truck supply with a single click at best spot market rates. They empower numerous shippers and fleet operators to optimize their fleet and achieve maximum results and aim to bring a positive impact across the freight ecosystem by making it fully digital and transparent. RIVIGO Labs, their technology think-tank is home to the country’s best data scientists and engineers. The team has built multiple ground-breaking technology applications in logistics to fundamentally transform the sector. From building algorithmically complex models to accurately predict the life journey of a consignment to creating a dynamic pricing engine for India’s largest freight marketplace, the team is working on hundreds of never-done-before problems at scale. They are contributing to building the new India by defining the next-generation trucking industry. With accurate predictions, high levels of efficiency, simple automated operations, and a strong and pure mission, they are re-imagining logistics for India and the world.

Investors

KB Global Platform Fund

Rivigo

Trifecta Capital

Rivigo, BigBasket, Quikr, ZoomCar

Funding History

April 2015$618M
December 2015$30.0M
October 2016$75.0M
March 2017$1.0B
January 2018$3.2B
July 2019$65.0M
September 2019$4.9M
January 2020$250M
January 2020$3.4M

Management

Founder & Chief Executive Officer

Deepak Garg

Press

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Rivigo or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

Some data provided by Crunchbase

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