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Roadcast, an end-to-end provide chain administration options supplier, raises $2 million in a funding spherical led by Jubilant FoodWorks. The fund raised shall be used for the worldwide growth and hiring the related expertise to construct the fitting framework for growth and development. It can even be invested in AI and analytics developments to additional the logistics vertical.
“We are thrilled with the faith that Jubilant FoodWorks has shown in the company. We believe logistics is one of the fastest-growing sectors globally. With the right support, we can ace and innovate the technological advancements in the sector thus, helping commerce all over the world,” mentioned Vishal Jain, co-founder, Roadcast.
Since its operation, Roadcast has constructed a extremely scalable and inexpensive answer by aiding companies in supply administration of over 40,000 drivers and fleet connectivity of over 1,50,000 automobiles, 300 enterprises throughout 50 cities and seven nations together with UAE, UK, Qatar, Oman, Sri Lanka and Indonesia, claimed by the corporate in a press release.
Founded in 2015 by Vishal Jain, Anshul Jain and Rahul Mehra, the Delhi-based SaaS firm is a expertise supplier for logistics enterprises. Being an business agnostic firm, Roadcast helps companies throughout industries by offering them with a sturdy, scalable and cost-effective answer to automate operations. It’s supply and order administration software program provide enterprises, a dependable platform with info equivalent to pick-up and supply scheduling, picture recognition, auto-route optimization, audio/video surveillance, distance to recipient, estimated time of arrival and extra.