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January 20, 2022 | By CXO Outlook
India’s leading smart logistics management platform provider, Shipsy, has bagged the National Startup Award 2021 in the Enterprise Software sector for Logistics Management. The platform empowers enterprises to optimize, automate, track and simplify end-to-end logistics and supply chain operations and drive sustainability.
A flagship initiative by the Government of India’s Startup India, the award recognizes and rewards startups contributing to India’s economic growth through innovations that revolutionize their respective sectors and inject competition. It invites applications from startups focusing on products/solutions with high potential of employment and wealth creation with measurable social impact.
The Ministry evaluated 2177 applications across 49 sub-sectors on innovation, scalability, economic impact, social impact, environmental impact, and inclusiveness and diversity.
“It was a proud moment for the whole Shipsy team to win the National Startup Award 2021. Since Shipsy’s inception, our journey has been about inspiration, excellence, people and customer success. The need to efficiently manage the skyrocketing demand for cross-border logistics, ensure seamless on-demand deliveries, fulfill evolving customer expectations and optimize costs will drive businesses to leverage smart logistics management solutions powered by AI, ML, predictive analytics, IoT and more. This, in turn, will create fantastic employment and learning opportunities for our youth. To make logistics operations sustainable, our technology is helping businesses across the globe reduce carbon footprint by curbing distance traveled by 5% and decreasing trip volumes by 6%,” says Soham Chokshi, Co-Founder and CEO of Shipsy.
The National Startup Awards serves as an ideal platform for showcasing businesses that create opportunities for the nation, including employment, income, and social development, thereby encouraging entrepreneurship.
Shipsy is clocking a growth rate of 2.5x and has increased its people strength by 75% in 2021. Shipsy strengthened its foothold in the Middle East by establishing regional headquarters in Dubai last year. This development took its team size to 200+ people operating in a completely remote environment.
Read Article Source: https://www.cxooutlook.com/
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