Logistics solutions provider Rivigo today announced adding 100 more cities for faster delivery of cargo using truck driver’s relay mechanism.
“Rivigo today announced a significant expansion of its part-truck load capability – Rivigo Zoom by adding more than 100 cities to its pan India coverage. With the expansion, Rivigo services can now be availed of in most state capitals, major cities and industrial centres,” the company said in a statement.
It said combining technology and a unique driver’s relay mechanism, Rivigo provides precision deliveries at 50-70 per cent lesser transit times compared to conventional trucking companies.
The expansion coincides with the company acquiring 1,200 trucks from Ashok Leyland to take its fleet size to 2,700 by the year end.
“We are confident that these improved transit times, and the broader network will enable significant enhancement in our customers’ market share through higher customer delight and zero lost orders in the upcoming festival season,” Deepak Garg, Founder and CEO Rivigo said.
The company said it is specifically targeting to meet the forthcoming festival demand.
“Festival demand is expected to be buoyant this year after a good monsoon and higher salaries and pensions with the implementation of the Seventh Central Pay Commission recommendations. Significant demand growth is likely to be driven by tier-II and tier-III cities,” Garg added.
Rivigo is a technology-enabled logistics company with more than 1,500 trucks, approximately 2,000 drivers and more than 50 strategically located pit stops across over 150 distinct routes.
Last year in the month of December, Rivigo had raised $30 million in a Series B round, with equity and debt financing. The round was led by existing investor SAIF Partners.