GoBOLT: A Technology-Driven Logistics Company

GoBOLT: A Technology-Driven Logistics Company – Logistics is the backbone of any economy, as it enables the movement of goods and services across different locations. However, the logistics sector in India faces many challenges, such as poor infrastructure, lack of transparency, high costs, and low service levels. To overcome these challenges, there is a need for innovation and disruption in the logistics industry.

GoBOLT

Details of the startup:

  • CITY : Gurugram
  • STATE : Gurugram
  • STARTED IN : 2015
  • FOUNDERS : Naitik Baghla, Parag Aggarwal and Sumit S
  • NUMBER OF INVESTORS : 4
  • LATEST ROUND INVESTMENT : ₹1484.00M
  • TOTAL INVESTMENT : ₹1934.00M
  •   TOTAL SECURED LOANS AVAILED : ₹861.99M

You can find their website here

One such company that is transforming the logistics landscape in India is GoBOLT, a technology-driven logistics solution provider that offers express supply chain services to various industries, such as e-commerce, FMCG, FMCD, and liquor. GoBOLT leverages state-of-the-art technology, hybrid asset ownership model, and extensive network to deliver faster, safer, and more efficient logistics services to its customers.

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What makes GoBOLT different?

GoBOLT was founded in 2015 by three young entrepreneurs who saw an opportunity to create a new paradigm in the logistics sector. They envisioned a company that would use technology to optimize the logistics operations, reduce the wastage, and enhance the customer experience. Some of the key features that make GoBOLT stand out are:

  • Express Delivery Times: GoBOLT ensures that its trucks run 1000 km per day, as compared to the industry average of 250 km, thus providing express delivery times to its customers. This is achieved by using specially designed fleet, such as 22 ft and 32 ft containers, that can carry more load and run faster on the highways. GoBOLT also uses cutting-edge algorithms and IoT devices to monitor the fleet performance, route dynamics, and traffic conditions, and provide real-time tracking and precise ETA prediction to the customers.
  • Safety and Reliability: GoBOLT drives excellence and safety in logistics by implementing various security tools, such as remotely operated digital locks, cameras, and GPS in its fleet. These tools ensure that the cargo is secure and tamper-proof, and the drivers are accountable and compliant. GoBOLT also has a unique partner rating system that evaluates the performance of its partners based on various parameters, such as service levels, profitability, and fulfilment. This helps GoBOLT to maintain a high-quality partner network and deliver consistent and reliable services to its customers.
  • Technology: GoBOLT has developed a comprehensive and robust technology platform that powers its end-to-end logistics management. The platform includes various modules, such as order planning, dispatch management, auto-shipment allocation, yard management, real-time freight tracking, quick notifications, and ePOD. The platform also integrates with the customers’ ERP systems and provides them with dashboards and reports to track and analyze their logistics performance. GoBOLT’s technology platform enables seamless and quick logistics operations and enhances the visibility and transparency for the customers.
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What are the solutions offered by GoBOLT?

GoBOLT offers customized and integrated supply chain solutions to its customers across different industries. Some of the solutions are:

  • E-commerce: GoBOLT provides express line haul services for e-commerce companies, where it transports the goods from the fulfilment centers to the delivery hubs in different cities. GoBOLT uses its specially designed 22 ft and 32 ft containers to carry more volume and weight, and deliver the goods faster and safer. GoBOLT also provides reverse logistics services, where it collects the returns and exchanges from the customers and delivers them back to the fulfilment centers.
  • FMCG: GoBOLT provides FTL (full truckload) over the road services for FMCG companies, where it transports the goods from the manufacturing plants or warehouses to the distributors or retailers in different locations. GoBOLT uses its 32 ft containers and open vehicles to carry the goods, and ensures timely and safe delivery. GoBOLT also provides warehousing and inventory management services, where it stores and manages the goods for the customers and distributes them as per the demand.
  • FMCD: GoBOLT provides FTL over the road services for FMCD (fast-moving consumer durables) companies, where it transports the goods such as electronics, appliances, furniture, etc. from the manufacturing plants or warehouses to the distributors or retailers in different locations. GoBOLT uses its 32 ft containers and open vehicles to carry the goods, and ensures timely and safe delivery. GoBOLT also provides warehousing and inventory management services, where it stores and manages the goods for the customers and distributes them as per the demand.
  • Liquor: GoBOLT provides FTL over the road services for liquor companies, where it transports the goods such as beer, wine, spirits, etc. from the manufacturing plants or warehouses to the distributors or retailers in different locations. GoBOLT uses its open vehicles to carry the goods, and ensures timely and safe delivery. GoBOLT also provides warehousing and inventory management services, where it stores and manages the goods for the customers and distributes them as per the demand.
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What are the achievements and recognition of GoBOLT?

GoBOLT has achieved remarkable growth and success in a short span of time. Some of the achievements and recognition of GoBOLT are:

  • Growth: GoBOLT has grown from a startup to a leading logistics company in India, with a presence in over 100 cities, a network of over 10,500 trucks, a team of over 150 employees, and a portfolio of over 50 clients, including some of the leading brands in the country, such as Amazon, Flipkart, Samsung, LG, Pepsi, Nestle, Diageo, etc.
  • Funding: GoBOLT has raised over $30 million in funding from various investors, such as Paragon Partners, Aavishkaar Capital, Blacksoil Capital, etc. The funding has helped GoBOLT to expand its operations, enhance its technology, and scale up its business.
  • Awards: GoBOLT has won several awards and accolades for its innovation and excellence in the logistics sector, such as India’s Growth Champions 2020 by The Economic Times and Statista, where it ranked as the nation’s second-fastest growing company, Startup of the Year 2019 by Entrepreneur India, Best Startup in Logistics 2018 by India Transport and Logistics Awards, etc.
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GoBOLT is a company that is revolutionizing the logistics industry in India by using technology to provide express supply chain solutions to its customers. GoBOLT has a vision to become the most preferred and trusted logistics partner for its customers, and to create a positive impact on the society and the environment. GoBOLT is a company that is worth following and learning from, as it showcases how innovation and disruption can create value and growth in a traditional and challenging sector.

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