Tag Archives: Logistics

Lending startups now chase logistics firms

Bengaluru: Loans to logistics companies are going digital, with startups in the space looking to leverage data and technology to formalise credit to truckers, fleet owners and truck drivers. Startups such as Loanzen and BlackBuck are lending to driver owners, fleet operators and even first-time borrowers, to finance vehicles and also to fund purchases of spares. “We are looking at ways to fund for ... Read More »

Snapdeal Says Invested $300 Million in deliver Chain, Logistics in last 1.5 Years

E-commerce fundamental Snapdeal has pumped in $three hundred million (about Rs. 1,990 crores) over the last 18 months to reinforce its supply chain and logistics and facilitate the growth in shipment volumes. The city-based totally company has visible 1.9 instances growth in cargo volumes from 1.29 lakh every day shipments remaining year to 2.5 lakh this 12 months. “we’ve got ... Read More »