Logistics start-up 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. See more

Basic Information

Logistics start-up Rivigo was set up in 2014 by former McKinsey consultants Deepak Garg (37) and Gazal (33) 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 start-up 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 start-up 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. See more

Legal Name

:

Rivigo Services Pvt. Ltd.

Headquarters

:

Gurgaon, Haryana, 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.

Piyush Kakkad

Head of Finance

Funding

Investors

:

1.

KB Global Platform Fund

2.

Trifecta Capital

3.

Warburg Pincus

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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

₹618M

Series Name

:

SERIES-A

Date

:

Apr 2015

Investors

:
1.

SAIF Partners