Commercial Vehicle

Logistics world

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AI-powered logistics platform, Shyplite, has raised USD-one million from N+1 capital to expand into new segments like fulfilment centres and hyperlocal deliveries. Keen to become an end-to-end logistics player, it has committed nine fulfilment centres across India in cities including Delhi, Mumbai, and Bengaluru. Bringing last-mile logistics players like Dunzo, Wefast and Shadowfax and others to its platform to faciltate last-mile and same-day delivery service, it claims to have over 90,000 sellers. Om Logistics has associate with Democracy India Foundation to deliver 5000 oxygen concentrat­ors to hospitals across India to help address onground issues related to the supply of oxygen under the Mission Oxygen initiative. Technology enabled end-to-end logistics solutions provider, Ecom Express, has announced announced an Ecom Cares programme to provide financial and non-financial assistance schemes for its employees and their families to help them tide over the Covid-19 crisis. The schemes include financial assistance, compassion­ate employment and education for children. Cold-chain marketplac­e startup, Celcius, has announced receiving qn undisclose­d amount of seed funding in a round led by Mumbai-based Eaglewings Ventures Alliance Network (EVAN), MaGEHold, Keiretsu Forum and other investors. It will be utilised to further scale up the partner base, enhance the tech platform and expand geographic­ally.

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