• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, July 14, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Delhi Based FarEye Raises $3.5 Million

by Anirudh Saligrama
June 24, 2016
in Business, News
Reading Time: 2 mins read
0
Delhi Based FarEye Raises $3.5 Million
TwitterWhatsappLinkedin

FarEye

You might also like

Leaked: iPhone 17 Prices in India, US, and UAE — Model-wise Details Inside

India’s First University-Led Startup Platform ‘Campus Tank’ Launched in Chandigarh

ISRO’s Bold Call Saves the Day: Shubhanshu Shukla Becomes First Indian on the ISS

24 Jun. 16, DELHI: Delhi-based logistics management start-up FarEye raised $3.5 million (Rs. 23.7 crore approx.) in Series A funding from its investor – SAIF Partners.

The company plans to use this capital to scale up its business across more cities and to increase the employee count to 60 from its existing its 30-member team.

According to sources and reports by Mint, the company said in a statement – “On an average, FarEye has been able to increase first-time successful job attempts by 22% and save 2.3 man-hours per employee per day.”

“We are profitable B2B (business to business) start-up and believe in organic growth… Plagued by operational inefficiencies and high costs, the logistics industry provides a huge opportunity to FarEye. We are here to streamline logistics in all the industry verticals”, said co-founder and CEO of FarEye – Kushal Nahata, according to Mint reports.

FarEye was founded in 2013 by Kushal Nahata, Gaurav Srivastava and Gautam Kumar. The company aims solves the crucial problems faced by any logistics enterprise i.e. real time co-ordination between field jobs, mobile workers and on-demand consumer requests. The company performs over 5 million transactions a day across 10 countries and their clients include –  DTDC, Blue Dart, Hitachi, Bajaj Capital, GoJavas, Ecom Express, Just Dial, Safe Express, Zalora, Namshi among others.

 

Also Read: Kalaari Capital Invests Rs.3.4 Cr In ParaBlu Cloud Security Startup

Pune Based Gladiris Technologies Raises Seed Funding From Its Investors

Tags: FarEyefundingInvestmentSAIF PartnersSeries A FundingStart-up
Tweet54SendShare15
Previous Post

Microsoft Accelerator And TCS Co-Innovation Network Tie-up

Next Post

JSW Ventures Receives Green Signal From SEBI For Investing In Early-Stage Start-Ups

Anirudh Saligrama

Media Graduate, Trainee-Journalist,

Recommended For You

Leaked: iPhone 17 Prices in India, US, and UAE — Model-wise Details Inside

by Thomas Babychan
July 14, 2025
0
iPhone 17

Apple is gearing up to unveil its iPhone 17 lineup in September 2025, continuing its tradition of annual refreshes. This year promises a broader range of models, including the base...

Read more

India’s First University-Led Startup Platform ‘Campus Tank’ Launched in Chandigarh

by Ishaan Negi
July 14, 2025
0
India’s First University-Led Startup Platform ‘Campus Tank’ Launched in Chandigarh

India has launched its first university-led startup platform, Campus Tank, giving young entrepreneurs under 30 a chance to pitch their ideas for a $1 million investment. Launched in...

Read more

ISRO’s Bold Call Saves the Day: Shubhanshu Shukla Becomes First Indian on the ISS

by Ishaan Negi
July 14, 2025
0
Shubhanshu Shukla’s Axiom-4 Space Mission Delayed Again Due to Rocket Leak

As the first Indian to visit the International Space Station (ISS) and only the second Indian in orbit after Rakesh Sharma in 1984, astronaut Shubhanshu Shukla made history...

Read more
Next Post
SEBI To Relax Startup Listing Norms By Next Month

JSW Ventures Receives Green Signal From SEBI For Investing In Early-Stage Start-Ups

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?