GoBolt is a logistics technology company that utilizes IoT and advanced algorithms to optimize route dynamics and real-time vehicle tracking, enhancing delivery efficiency across a network of over 10,500 trucks. The platform addresses the need for precise ETA predictions and improved service levels in the express supply chain, particularly for e-commerce and FMCG sectors.
Funding
$26.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The express supply chain, particularly for e-commerce and FMCG sectors, requires precise Estimated Time of Arrival (ETA) predictions and improved service levels, which are often lacking in traditional logistics solutions. Inefficient route dynamics and inadequate real-time vehicle tracking contribute to delays and increased costs.
Solution
GoBolt offers a logistics technology platform that leverages IoT and advanced algorithms to optimize route dynamics and provide real-time vehicle tracking, thereby enhancing delivery efficiency. The platform provides end-to-end planning and fulfillment capabilities, powering express services through owned, dedicated, and marketplace vehicles. GoBolt's solution includes a unique partner rating system to drive fulfillment, profitability, and service levels, as well as a warehouse management system for inventory management and comprehensive distribution. The system provides precise ETA predictions based on historical route data and map technologies.
Target Audience
GoBolt primarily targets businesses in the e-commerce, FMCG, FMCD, and liquor industries that require express supply chain solutions.
Features
- Real-time vehicle tracking with precise ETA predictions.
- Route optimization using IoT and advanced algorithms.
- Partner management system with a unique rating system.
- Warehouse management system with inventory management and fulfillment capabilities.
- End-to-end planning and fulfillment platform.
- Trip management with detailed dashboards.