AI's innovations have advanced the realm of business in various areas and have revolutionised the supply and demand chain and logistics operations. According to McKinsey's analysis, AI will usher in a completely new "logistics paradigm" by 2030, as it continues to outperform humans in repeated but mission-critical activities. Moreover, with the present unforeseen obstacles in shipping, solutions for advancing logistics technologies are becoming increasingly important.   

Among many things that the pandemic disrupted or transformed, logistics is one of those industries that saw demand pick up and also, and the need to transform came to the fore.  

Domestic tech startups and SaaS companies are adopting AI-led innovations to provide novel add-ons to supply chain and logistics management solutions for enterprises across India. Here we have listed the top five AI startups (in no particular order) for logistics management in India.  

LogiNext  

Founded in 2014 by Dhruvil Sanghvi and Manisha Raisinghani, LogiNext provides AI-enabled solutions for logistics and on-field workforce planning, tracking, and optimisation. The platform allows enterprises to have complete visibility over delivery drivers (be it third party or their own fleet). Through features like auto-order allocation and route optimisation, the platforms efficiently manage drivers to reduce delivery costs, increase customer experiences and help brands navigate through the problem of driver shortage in a better fashion.  

LogiNext has raised $50 million over three rounds of funding (as of January 2022), and the plan is to build LogiNext into an IPO ready company by focusing relentlessly on customer success, growing revenues and ensuring a great work culture.   

Pickrr  

Founded in 2015 by by Rhitiman Majumder, Gaurav Mangla, Ankit Kaushik and Ronak Agrawal. Gurugram-based Pickrr is a SaaS-based logistics startup that helps D2C firms build their business by leveraging big data, AI, and machine learning. With tech-driven value-added services and efficient fulfilment facilities, Pickrr addresses the issues sellers in the D2C ecosystem face.   

Some of the products offered by Pickrr include Pickrr Connect, Pickrr Predict, Pickrr Fulfillment, and Pickrr Advantage. Further, Pickrr's warehouse management system (WMS) also allows sellers to track their inventory in real-time across all of their fulfilment centres, giving them information on Stock Keeping Unit (SKU) performance.  

GoBOLT  

Founded in 2015 by Sumit Sharma, Parag Aggarwal, and Naitik Baghlaall, GoBOLT provides technology and solutions in supply chain management covering warehousing, transportation and supply chain management. The company specialises in B2B surface transportation and provides full truckload services as well as intends to expand into the part-load market.   

Truckers' routes have been optimised thanks to a focus on technology, which takes into consideration factors such as traffic conditions, electronic documents (such as an auto state transit pass and entry permission), and real-time cargo information, among other things.  

Locus  

Founded in 2015 by Nishith Rastogi and Geet Garg, Locus provides smart logistics solutions, including route optimisation, real-time tracking, truck allocation, insights and analytics, and utilisation using technology and patented algorithms. Take, for example, Locus' Dispatch Management Platform (DMP). Its various modules are powered by mature, in-house artificial intelligence (AI) that may help fleets achieve better efficiency, which can lead to increased sales, as per its blog.  

The company has helped a wide range of customers globally across industries, including Unilever, Nestle, Bukalapak, The Tata Group, BlueDart, and more. Moreover, the company claims to have executed 650 million deliveries across 30 plus countries across Europe, North America, Southeast Asia, the Middle East, ANZ, and the Indian subcontinent.  

Shipsy  

Founded in 2015 by Soham Chokshi, Dhruv Agrawal, Himanshu Gupta, and Sahil Arora – all IIT alums, Shipsy is the SaaS-based smart logistics management platform. The Gurugram-based company assists logistics companies and shippers in digitising and automate their processes.   

Shipsy's user-friendly platform gives clients total visibility into their first, middle, and last-mile operations, increases operational efficiency and allow them to make better decisions using real-time analytics. Take, for example, Shipsy's AI-powered Shipment Tracking Platform allows businesses to track bulk shipments in real-time, get alerts on incidental charges and transhipment ageing, reduce manual interventions, boost customer experience and achieve more.