Press Release

FreightFox presents its solutions at the The Launch Of National Logistics Policy

ULIP LogiXtics Hackathon winners FreightFox showcased their solutions to the Honorable Prime Minister

 

FreightFox, a SaaS-led enterprise logistics procurement, management, and intelligence platform, was invited to attend the launch of the National Logistics Policy on September 17, 2022. The invitation was extended to them after they won the ULIP LogiXtics Hackathon organized by NLDS (NICDC Logistics Data Services) and NITI Aayog earlier this year. The company presented their solutions that won them the first position, amongst 543 entries, in the Hackathon judged by the Niti Aayog.

 

FreightFox was amongst a handful of private enterprises that had been invited to the launch of the crucial NLP to showcase their solutions. This policy will be implemented country-wide, and will promote seamless freight movement along key corridors in India. This policy was launched in tandem with the PM GatiShakti National Master Plan that was introduced to fortify infrastructure, bridge the gaps in national logistics, and attract foreign investment to the sector. As India races towards becoming a global leader in logistics, these two programmes will be a vital part of the ambitious plans laid down by the government.

 

Commenting on the event, Nitish Rai, CEO and Founder of FreightFox said, “The National Logistics Policy is a welcome move for the Indian logistics sector. Given the country’s logistical vastness and the cultural diversity, there has long existed a need for a digital edge to connect it all cohesively. The NLP will serve as a central directive principle for all logistics-related decisions and offer a clear framework for accelerating its growth as a foundational industry.”

 

As invitees to the launch, FreightFox also presented and discussed their plans for the future of Indian logistics with the Honorable Prime Minister and Union Cabinet Ministers. Their solutions leveraged data from ULIP to aid transport and logistics in India for the manufacturing industry. FreightFox’s solutions used geospatial analytics, advanced data and ML models to evolve highly efficient and scalable solutions. They earlier presented these plans to dignitaries from NICDC, NLDSL, the then-CEO of NITI Aayog, Shri Amitabh Kant, Shri Amrit Lal Meena, Special Secretary Logistics during the nationwide Logixtics hackathon. Further to which, FreightFox was declared the winner of the hackathon and was felicitated by NITI Aayog and NLDSL.

 

About FreightFox

FreightFox is a tech-first Logistics and data centric platform for Manufacturing Enterprises focussed on creating value in the Indian B2B Logistics space. Incorporated in October 2020, it was conceptualized as a tech and services offering to revolutionize Indian Industrial Logistics. Their mission is to change the future of freight in India by leveraging technology and data to deliver efficient on-ground transport operations to support the economy. Since its inception, FreightFox has focused on powering growth, better choices and control and certainty in decision-making for manufacturing logistics. They have complimented it with Collaborative-Logistics-as-a-Service (CLaaS) capability, which is a first of its kind mobility offering in India. At present, Freightfox is the exclusive partner to some of the biggest manufacturing enterprises( FMCG, Auto Ancillary, Energy and Engineering Goods) in India, accelerating digitalisation in

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