{"id":10267,"date":"2018-03-11T14:17:01","date_gmt":"2018-03-11T11:17:01","guid":{"rendered":"https:\/\/tirport.com\/logistics-startupi-mouse-dhl-received-from-group-9-5-million-usd-series-c-type-investment\/"},"modified":"2023-02-21T20:03:57","modified_gmt":"2023-02-21T17:03:57","slug":"logistics-startupi-mouse-dhl-received-from-group-9-5-million-usd-series-c-type-investment","status":"publish","type":"post","link":"https:\/\/tirport.com\/en\/logistics-startupi-mouse-dhl-received-from-group-9-5-million-usd-series-c-type-investment\/","title":{"rendered":"Logistics Startup FarEye Receives 9.5 Million USD Series C Round Investment from DHL Group"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/tirport.com\/wp-content\/uploads\/2018\/03\/Lojistik-Startup-i-FarEye-DHL-Grup-dan-9-5-Milyon-USD-lik-Seri-C-Turu-Yatirimi-Aldi.webp\" alt=\"Logistics Startup FarEye Receives 9.5 Million USD Series C Round Investment from DHL Group\"\/><\/figure>\n\n<p class=\"wp-block-paragraph\"><strong>FarEye<\/strong> , a logistics management startup based in <strong>New Delhi<\/strong> , received an investment of 9.5 million USD from <strong>DHL Group<\/strong> . With this investment, the startup aims to increase its fields of activity and its global market dominance. <strong>FarEye<\/strong> currently provides end-to-end mobility solutions to more than 100 logistics and supply chain companies in 20 countries.<\/p>\n\n<p class=\"wp-block-paragraph\">According to its official website, <strong>FarEye<\/strong> processes more than 500 million shipments each year. It improves the operations of logistics companies by 25%, reduces fuel expenditures by 28% and increases customer visits by 66%.<\/p>\n\n<p class=\"wp-block-paragraph\">Among <strong>FarEye<\/strong> &#8216;s clients are companies such as <strong>Ecom Express, Gojavas, Holisol, DTDC, Blue Dart, Safexpress, Bajaj Capital, Hitachi<\/strong> . exists. <strong>FarEye<\/strong> optimizes logistics operations for companies such as <strong>Zalora, ACommerce, Sephora<\/strong> and <strong>MarkaVIP<\/strong> in Southeast Asia and the Middle East.<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>FarEye<\/strong> has recently launched its package merchandising technology called <strong>Drop Pick<\/strong> , which enables customers to send and deliver partial loads via a mobile app with the lowest infrastructure cost.<\/p>\n\n<p class=\"wp-block-paragraph\">Talking about the company&#8217;s future plans, <strong>FarEye<\/strong> co-founder and CEO <strong>Kushal Nahata<\/strong> in his recent interview; \u201cWe plan to expand our solutions so that manufacturers can gain traceability for the products they ship. There is a lot of demand for traceability of a shipper working with third party logistics (3PL) and I think our solution will help them do just that. We are a profitable B2B startup and we believe in organic growth. Our vision is to create a global technology company that can survive for decades. Our aim is to facilitate logistics operations in all industry sectors. We are on a path that will revolutionize the entire shipping mechanism by establishing the largest virtual delivery network among the regions.\u201d says.<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>Source:<\/strong> <a href=\"https:\/\/inc42.com\/buzz\/fareye-logistics-deutsche-post-dhl-funding\/\" target=\"_blank\" rel=\"noopener\">INC42<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FarEye , a logistics management startup based in New Delhi , received an investment of 9.5 million USD from DHL Group . With this investment, the startup aims to increase its fields of activity and its global market dominance. FarEye currently provides end-to-end mobility solutions to more than 100 logistics and supply chain companies in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6093,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[86],"tags":[],"class_list":["post-10267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts\/10267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/comments?post=10267"}],"version-history":[{"count":0,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/posts\/10267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/media\/6093"}],"wp:attachment":[{"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/media?parent=10267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/categories?post=10267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tirport.com\/en\/wp-json\/wp\/v2\/tags?post=10267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}