Shippers on the platform
LSPs on platform
of FTL in India served
Swapnil Shah founded Freight Tiger, pioneering the model of bringing visibility into market trucks in India through a technology with our visibility platform. We quickly and successfully launched with four major customers. We raised a seed round in April 2017 and the first tranche of our institutional capital from Lightspeed India in October 2017.
Team Freight Tiger expanded from 40 to 100, with a new office in Bangalore. We launched a unified platform - putting maket-trucks and owned-trucks on the same platform for the first time!
We realised that visibility alone will not solve the systemic, interconnected issues in the logistics industry. If we wanted to make real change, we would have to put on our “systems thinking” hats and offer an end to end solution.
On the back of strong industry insights, we developed a TMS Lite for emerging markets. It has everything that you need for growth through logistics - from planning and to procurement, to 100% visibility, to e-pod and payments.
We launched our Digital Freight Network - a single interface to manage contracted or spot freight and capacity in real time. We tied it to our TMS to keep moving towards an end-to-end offering. 2% of India’s full truck load moved through us.
We grew to a family of 300+ members, 60+ shippers, and 4000+ transport companies/Logistics Service Providers. 4% of FTL in India moved through us. We raised 8.5M USD to accelerate the launch of our Digital Freight Network.
This is the year where our integrated visibility, TMS platform and Digital Freight Network gives us an opportunity to build logistics infrastructure to transform commerce. Stay tuned to hear more!
Shriram Transport Finance is a part of the "SHRIRAM" conglomerate which has a significant presence in financial services.
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