SaaS platform Roadcast raises $2 million in funding from Jubilant Foodworks
- ByStartupStory | July 30, 2022
Roadcast, a provider of end-to-end supply chain management solutions, has raised $2 million in a funding round led by Jubilant FoodWorks. The money raised will be utilised to expand internationally and hire qualified personnel in order to create the ideal environment for growth and expansion. To promote the logistics industry, it will also make investments in AI and analytics development.
“We are overjoyed by the confidence Jubilant FoodWorks has placed in the organisation. In our opinion, one of the industries with the most rapid growth is logistics. With the correct assistance, we may successfully reinvent this sector’s technological improvements, fostering global commerce “Vishal Jain, a co-founder of Roadcast, remarked.
Roadcast has developed a highly scalable and cost-effective solution by assisting businesses with delivery management of more than 40,000 drivers and fleet connectivity of more than 1,50,000 vehicles, 300 enterprises across 50 cities and 7 countries, including the UAE, UK, Qatar, Oman, Sri Lanka, and Indonesia. With information like pick-up and delivery schedule, image recognition, auto-route optimization, audio/video monitoring, and more, its delivery and order management software provides businesses with a dependable platform.
About Roadcast
The Delhi-based SaaS startup was established in 2015 by Vishal Jain, Anshul Jain, and Rahul Mehra and serves as a technology supplier for logistics businesses. Roadcast, an industry-neutral corporation, supports organisations in a variety of sectors by offering them a reliable, scalable, and affordable solution to automate business processes.
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