FarEye: This startup helps move goods efficiently

#News(Startup) [ via IoTGroup ]

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FarEye: This startup helps move goods efficiently
The logistics-tech firm gives businesses real-time visibility and predictiv

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FarEye: This startup helps move goods efficiently
The logistics-tech firm gives businesses real-time visibility and predictive intelligence, ensuring on-time deliveries and business excellence.
(L-R) FarEye co-founders Gaurav Srivastava (CTO), Gautam Kumar (COO) and Kushal Nahata (CEO)
FarEye, thus, started as a solution to remove the information black hole that existed in logistics operations, add a layer of visibility and help enterprises in the efficient movement of goods.
Today FarEye leverages niche technologies such as Machine Learning, Artificial Intelligence, IoT gamification and analytics technologies to empower global enterprises with comprehensive and predictive visibility of the supply chain to shippers and carriers and helps them to take data-driven intelligent decisions.

Starting with Jabong’s logistics arm GoJavas in 2013 as its first customer, FarEye now works with the largest enterprises in the world including DHL, Walmart, Tata Steel, Hilti, and Amway, enabling them to digitalise and run their logistics operations efficiently.
Today, it is a well-acknowledged player in the industry and is said to be one of India’s fastest propelling startups facilitating 10 million-plus transactions per day across 20-plus countries for more than 150 customers.
In November 2018, FarEye acquired Dipper Technologies, an IoT based platform that provides visibility and predictability in freight movement, reinforcing its plans to solve challenges by having cutting-edge technology for carriers and shippers in moving goods.
Kushal Nahata, CEO and co-founder of FarEye, says the startup is in a hyper growth phase.
“With 280% increase in ARR year-on-year and clocking triple-digit revenue growth for the past three years, FarEye is now targeting a 325% growth in revenue this fiscal,” he says

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