What is the business model of Rivigo?
The Business model of Rivigo is based on the best use of technology. Rivigo also has IoT-enabled trucks with conditions of trucks being monitored in real-time. This monitoring not only helps in reducing breakdowns but also in increasing the trust of clients.25-Apr-2021
2,971
Why did Rivigo fail?
Rivigo was receiving pressure from investors to cut costs as it has not been able to charge a premium for its fast relay service, and its asset-light freight business also had gaps, which led to misuse by some truckers. This is probably why most of the layoffs also happened mainly in its freight marketplace team.17-Jul-2019
about 3,000 trucks
Is Rivigo a logistics company?
About us. RIVIGO is a technology company that is building the material movement pipeline of India and making logistics human, faster, safer and cost-effective.
Known for harnessing tech to solve logistics problems, Rivigo is grappling with its own challenges. In a drastic course correction, it has been hiring people with deep experience in the logistics sector, which it wouldn't have done till a year ago.14-Oct-2021
Is Rivigo a good company?
Rivigo is rated 3.8 out of 5, based on 1.7k reviews by employees on AmbitionBox. Rivigo is known for Skill development which is rated at the top and given a rating of 3.8. However, Job Security is rated the lowest at 3.3 and can be improved.
Rivigo is a technology-enabled logistics platform provider that offers transport services in the e-commerce, clothing, automotive, frozen and processed foods, and automobiles sectors. The company's full-stack logistics offering includes relay-led trucking and freight marketplace.
Who is the CEO of Rivigo?
Deepak Garg
The company reported a revenue of INR 1,080 Cr in FY20 versus INR 1,028 in FY19. Rivigo's expenses also grew another 5% from INR 1,532 Cr to INR 1,622 Cr in the same time period, leading to a 6% increase in losses from INR 511 Cr to INR 541 Cr.07-May-2021
How is Rivigo doing?
Technology-enabled logistics firm Rivigo's revenue for financial year 2019-20 rose 5 per cent to Rs 1,080 crore, while net loss increased 6 per cent to Rs 542 crore during the year, according to data accessed by business intelligence platform Tofler.04-Feb-2021
Relay Trucking is an operating model innovation where drivers change over after every few hundred kilometres of driving through a network of change-over stops called “relay pit-stops” and then get rostered back to their home base to return to their families every single day.
Is Rivigo a startup?
Rivigo : Business Model The business model of Rivigo is to handle the truck drivers to a designated pit and to handle the routes so that they return home safely. The startup has a record of a 5% increment in revenue in the year 2020 and had total revenue of over INR 1080 crore in FY20 versus INR 1028 in FY19.02-Oct-2021
Rivigo Services/Founders
When was Rivigo founded?
Rivigo Founders and Funding This Gurugram-based logistics startup was founded by Gazal Kalra and Deepak Garg in 2014.14-Feb-2020
The logistics disruptor Founded in 2014 by Deepak Garg and Gazal Kalra, Rivigo emerged as one of the disruptors in the surface logistics space with a pan-India delivery promise in three days. The company was also the first unicorn from the trucking space or B2B logistics space.5 days ago
How do I track my Rivigo consignment?
You can track Rivigo cargo online using TrackMyCouriers tracking tool. Enter your consignment tracking number above to track and trace the delivery status of your shipment.
Rivigo was launched by Gazal Kalra and Deepak Garg with the desire to make the logistics division more respectful for truck drivers using a relay network. Gaza Kalra is an MBA graduate from Stanford graduate school of business and did her Masters at Harvard Kennedy School.06-Jun-2020
What is the highest paying job in logistics?
Top high-paying logistics jobs to pursue
Logistics is the process of planning and executing the efficient transportation and storage of goods from the point of origin to the point of consumption. The goal of logistics is to meet customer requirements in a timely, cost-effective manner.
Is Delhivery a good company to work for?
Is Delhivery a good company to work for? Delhivery has an overall rating of 3.7 out of 5, based on over 1,071 reviews left anonymously by employees. 72% of employees would recommend working at Delhivery to a friend and 74% have a positive outlook for the business.
What is the business model of Rivigo?