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Logistics startup Rivigo was set up in 2014 with the idea of creating a relay truck model, where no driver would drive for more than four-five hours at a stretch and would return home the same day.
Basic Information
Logistics startup Rivigo was set up in 2014, by former McKinsey consultants Deepak Garg and Gazal Kalra with the idea of creating a relay truck model, where no driver would drive for more than four-five hours at a stretch and would return home the same day. Life for Rivigo drivers - whom the company calls pilots - is quite different. They maintain discipline, wear uniforms, drive for four to five hours one-way, take a 45-minute break, and then drive back a truck for another four hours to eventually come back home on the same day. The logistics startup at present has more than 100,000 drivers, or pilots, and owns 5,000 hi-tech trucks. It has covered over 4,000 cities, traversing more than a billion kilometres. The startup is solving the full range of challenges of the logistics industry using technology - be it complex problems like fuel analytics, route planning, human behaviour analysis or pure-drudgery elimination tasks like auto-alert systems and intelligent decision systems. Rivigo’s technology obsession has resulted in simple, intuitive technology products gaining quick and easy adoption by the trucking ecosystem stakeholders.
Legal Name
:
Rivigo Services Pvt. Ltd.
Headquarters
:
Delhi NCR, Delhi, India
Business Model
:
B2C,  B2B,  B2B2C  
Founding Date
:
Aug 2014
No. of Employees
:
1000+
Core Team
:
1.  
Deepak Garg
Chief Executive Officer
2.  
Qasim Zaidi
Chief Technology Officer
3.  
Gazal Kalra
Co-Founder
Funding

Total Funding

$273.6M

Investors
:
1.  
KB Global Platform Fund
2.  
Trifecta Capital
3.  
Warburg Pincus
4.  
SAIF Partners

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Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7
Round 8
Round 9
Round 10
Round 11

$10M

Series Name
:
SERIES-B
Date
:
19th May 2015
Investors
:
1.  
SAIF Partners