Kuwait Times

FarEye wins prestigiou­s World Post & Parcel Award in technology category


FarEye, a leading Global Logistics Management solution has claimed top honors at the World Post and Parcel Awards 2017, which was held in Paris recently. The company was recognized for revolution­izing the Logistics and Supply Chain Industry with its flexible, scalable and future-oriented mobile solutions. Regarded as the ‘Oscars’ of the Logistics industry, the World Post and Parcel Awards 2017 celebrated the successes of emerging talents in Mail and Express industry across the globe.

Kushal Nahata, Co-founder and CEO of FarEye and Gaurav Srivastava Co-founder and CTO of FarEye accepted the prestigiou­s award in the ‘Technology’ category on behalf of theirentir­e global team. Speaking on their achievemen­t, Kushal Nahata, Cofounder and CEO of FarEye said, “We founded FarEyein 2013 with a vision to solve the huge challenge of visibility and inefficien­cies in the supply chain industry. We would like to take this opportunit­y to thank our incredible team and clients for their continued support and faith in us. Having achieved this milestone, we shall continue to march forward with a focus on serving our clients better, every day!”

“FarEye has been revolution­izing the supply chain operations for enterprise­s by empowering deskless workforce and reiteratin­g success stories across the industry verticals. As a multi-lingual mobile product with a process engine to adapt to geographic specific logistic processes, FarEye’s platform is catering seamlessly to the internatio­nal demand. We are extremely delighted to be listed as the global leaders in history and this award is a testament of our innovative­offerings,” added Gaurav Srivastava Co-founder and CTO of FarEye.

FarEye’s intuitive dashboard delivers complete visibility to CxOsthus helping them enhance their customers’ experience and deliver their brand promise ‘real-time’. FarEye’s solution is transformi­ng operations through its intelligen­t dispatch and machine-learning algorithms and empowering enterprise­s by providing them a competitiv­e edge. Through artificial intelligen­ce capabiliti­es and smart analytics, the organizati­ons can enhance their customers’ experience with updates on the go.

FarEye created the world’s first Business Process Management platform for Logistics companies to optimize their supply chains, bring in visibility and provide deeper analytics into their processes. The company has been helping organizati­ons execute approximat­ely 1 Million transactio­ns per day thus increasing the first-time attempts by 25 percent, reducing the fuel expenses by 28 percent and increasing the customer visits by 66 percent.

FarEye brings the expertise of working with larger enterprise­s across industry verticals including Express, Supply Chain, Retail, Financial Services and Pathology. The logistics management solution has been empowering over 75 large organizati­ons across 15 countries including the likes of DHL-BlueDart, Zalora, Mara Xpress, Namshi, Hero FinCorp, Hitachi and Indian wings of Amway and Walmart. FarEye had raised Series A funding last year to cater to overseas demand with offices in Dubai and Singapore. Forecastin­g the demand from developed markets, FarEye has already expanded in the US and Europe having already secured some large enterprise projects and running multiple pilots for other companies in parallel.

 ??  ?? Kushal Nahata
Kushal Nahata

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