WhistleDrive Enters Niche Urban Logistics Market with a 5000+ ‘WhistleTruck’ Fleet, Onboards 20 + Clients2 months ago Saritha Keshamoni
WhistleDrive Enters Niche Urban Logistics Market with a 5000+ ‘WhistleTruck’ Fleet, Onboards 20 + Clients
Employee Mobility provider WhistleDrive has announced a strong foray into a niche Urban Mobility market backed by 5000+ strong truck fleet, and a portfolio of 20 medium, large clientele. This foray expands WhistleDrive services portfolio as technology-enabled employee transportation and end-to-end logistics for corporates and enterprises.
Making the announcement Rakesh Munnanooru, Founder of WhistleDrive said “For enterprises, the distribution of products has become a complex, competitive logistics process. Especially with E-Commerce, there is an increased necessity in the market for a reliable tech driven logistics partner to beat inconsistent, unorganised fleets. We are in a unique position to fill this gap, as a full stack logistics solutions company that provides platform driven fleet services.”
“It has been just 6 months since we started logistics services, we have already onboarded some of the top brands in the country like Amazon, Flipkart, Big Basket, Myntra, JSW, Grofers, Delhivery, and other leading enterprises, serving 11 cities in India. We are currently, focusing on Mid Mile, Last Mile deliveries in Intracity & intrastate, and adding on Line Haul operations that can be operated within a day.” Rakesh added.
The WhistleTruck business is part of WhistleDrive’s new growth strategy, tapping into the rising e-commerce and delivery service businesses, this new move will also help offset the severe pandemic impact in the employee transportation business.
“In the logistics market, Supply Elasticity is the Key, any player with elastic supply power will be able to scale, Just In the last 6 months, we have onboarded more than 5000 trucks on our platform,” Rakesh stated.
Before COVID, WhistleDrive was a technology-enabled employee transportation company, providing fleet and employee transportation management software to the corporates covering 4 Cities, 75+ Clients, 1.5 Lakh+ Trips per month. The company had raised Series B funding of Rs.72 Cr in Sept 2019 and series A funding of Rs. 5 Cr in the pre-pandemic time.
Having raised its Series B funding last fiscal, the company is not planning to raise new funds, at least for the next 12-18 months.
Employee Transport is coming back
Been more than 8 months, corporate companies working from home and also with the ease of lockdowns, WhistleDrive says that they can see the increasing trend in WFO post-Diwali, there is a spike in-cab requirements across all cities and are expecting to get back to their pre-Covid numbers in Employee Transportation Business by March 2021.
WhistleDrive is actively hiring domain experts in the logistics industry.