Mahindra Group-owned app based aggregator for cargo owners and transporters SmartShift has launched its operations in Bengaluru today after Hyderabad and Mumbai. Addressing the media at its Bengaluru launch Kausalya Nandakumar CEO SmartShift said, "We are targeting the SMEs and small transporters to expand our base."
SmartShift is using reverse auction method to offer the lowest price to its customers.Currently it has around 2500 small transport operators on its platform.According to one estimate, the logistics industry in India is pegged at $130 billion.It is banking on FMCG, Pharma, e-commerce and logistics sector to grow its business in major metros across India.
.@MahindraRise backed app based cargo aggregator @smartshifters enters #B'luru pic.twitter.com/TUI6PrlWFW— Press Release Watch (@PrReleaseWatch) February 21, 2017
SmartShift is using reverse auction method to offer the lowest price to its customers.Currently it has around 2500 small transport operators on its platform.According to one estimate, the logistics industry in India is pegged at $130 billion.It is banking on FMCG, Pharma, e-commerce and logistics sector to grow its business in major metros across India.
