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. See more

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. See more

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

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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

$10M

Series Name

:

SERIES-B

Date

:

19th May 2015

Investors

:
1.

SAIF Partners