Technology start-up Freightwalla expands footprint to Nashik


Mumbai/ Nashik: In a bid to expand its reach in the state of Maharashtra, India’s fastest-growing technology-enabled freight forwarding startup- Freightwalla aims to tap manufacturing units in Nashik. This will be the company’s first foray outside Mumbai within the state. After raising seed capital funding of INR 5 crores from Kae Capital and Tekton Ventures in December 2018, Freightwalla witnessed a staggering 700 percent rise in the shipment volumes and revenue.

Nashik has seen an exponential upsurge in the manufacturing sector lately and has been on the growth radar since the past few years. Agro-based products, automobiles and auto parts, processed foods, medical and health care products, wines, etc. are some of the items which get exported from the region in higher volumes round the year and require freight forwarding solutions.

Mr. Sanjay Bhatia, CEO – Freightwalla said, “Nashik has become one of the prime locations for manufacturing companies in the past decade. Also, recently there have been some promising policies and initiatives which have been implemented by the government because of which we have witnessed some astonishing growth in small and medium sized manufacturing enterprises in the region, and that’s where we see an opportunity for our first step to expand our reach outside Mumbai within the state of Maharashtra.”

Freightwalla is an intelligent digital platform that deploys technology in freight forwarding processes to improve the cost & time efficiency, while also offering automated tools for creation and management of documentation for large shipments.

Freightwalla’s simplified interface for enterprise clients having larger shipment volumes helps them manage their internal workflow using digitization and automation of the processes involved; thus, resulting in standardization of the procedures and reducing the probability of errors, delays, or losses during transit. Instant quotations from multiple service providers, full cost-breakdown with no hidden charges, intelligent real-time cargo tracking and updates, data-driven decision making are some of the upgraded USPs which will augur well for the ever-increasing freight forwarding demands of the manufacturing industry in Nashik.

Since its inception in 2017, Freightwalla has been serving firms across a wide range of industry sectors with a model that addresses the modern business needs of simplicity and transparency for shippers worldwide. With a mix of state-of-the-art analytics, automation and logistics technology, it aims at tackling the inefficiencies involved in moving goods internationally, taking the stress out of global shipping.

About Neel Achary 19302 Articles
Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.