Roadcast raises $2 Mn from Jubilant Foodworks

End -to- end supply chain management solutions provider, Roadcast, has raised $2 million from Jubilant Foodworks.

The fresh capital will be utilised to expand globally, hiring the relevant talent to build the right framework for expansion and growth and investment towards AI and analytics development to further the logistics vertical.

The Delhi-based startup is an end-to-end supply chain management solutions provider for logistic enterprises. Roadcast’s technology can be applied to businesses offering food delivery, logistics and transportation, electric mobility, and courier & parcel delivery. It enables IoT for vehicle tracking and a connected driver application for delivery uberization.

Roadcast claims to build scalable and affordable solutions by aiding businesses in delivery management of over 40,000 drivers and fleet connectivity of over 1,50,000 vehicles, 300 enterprises across 50 cities and 7 countries including UAE, UK, Qatar, Oman,Sri Lanka, and Indonesia.

Roadcast clients range from Udaan, Gro Fleet, Bylane Logistic, Netlink, Hero Lectro,Zyngo, and Foodak among others and in future they may have engagement with clients like Tata 1mg, SkyEx, PDS Logistics, Jumbotail, et al.