World Post & Parcel announced FarEye, the Logistics Management Solution as the first Indian company to win the “Oscar for Logistics” for its flexible, scalable and future-oriented mobile solutions
New Delhi, India, June 8, 2017: FarEye, a Global Logistics Management Solution has claimed top honors at the World Post & Parcel Awards, 2017 which were held at the Hotel du Collectionneur, Paris on June 7th, 2017.
Often, regarded as the Oscar for Logistics industry, World Post & Parcel Awards celebrates the successes of the emerging talents in Mail and Express industry across the globe. Kushal Nahata, Co-founder & CEO of FarEye and Gaurav Srivastava Co-founder & CTO of FarEye were present at the gala evening to receive the prestigious award on behalf of the entire FarEye team spread across various countries.
Expressing his delight on winning the award, Kushal says, “We founded FarEye in 2013 with a vision to solve the huge challenge of visibility and inefficiencies in the supply chain industry. We would take this opportunity to thank our incredible team and clients for their continued faith in us. Having achieved this milestone, we shall continue to march forward with a focus on serving our clients better, every day! ”
Gaurav adds, “FarEye has been revolutionizing the supply chain operations for enterprises by empowering
FarEye created world’s first Business Process Management platform for Logistics operations to optimize the supply chains, bring
FarEye brings the expertise of working with larger enterprises across the industry verticals including Express, Supply Chain, Retail, Financial Services and Pathology. The logistics management solution has been empowering the likes of DHL India, Zalora, Walmart India, Hero FinCorp, Amway India, Hitachi, Bajaj Capital and over 75 large organizations across 15 countries globally.
FarEye had raised Series A funding last year to cater to overseas demand with offices in Dubai and Singapore. Forecasting the demand from developed markets, FarEye has already expanded in US and Europe with some of the large enterprises on board and in parallel running multiple pilots for others.
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The convergence of mobility, internet and analytics is giving logistics a tech makeover. This is ushering in a new era of into the supply chain by fuelling the business opportunities and creating new revenues.
Storing and securing data is most important for enterprises because it helps in analysing the operations, customer behaviour through better decision making. Also, it helps in storing the data which can be used for later purposes.
FarEye has launched its flagship product - Drop&Pick. This parcel shop technology has already been incorporated by various businesses to facilitate paperless, high speed and secure delivery and pick up of parcels through its service points including DHL, Blue Dart and First Flight.