Even though internet and technology has disrupted many industries and sectors in India, still transport industry remained untouched and even low-tech. However, this may be starting to change because TruckSuvidha, a Haryana-based startup has created an online portal that connects truck drivers to next load depending on their geographical location.
Not even a year has been completed, they already have 30,000+ registered customers on their platform. This is quite an amazing milestone for a 9 months startup to have so much huge client base in transportation sector. They have collaborated with hundreds of transport contractors, fleet owners, commission agents and transport brokers across India.
Started in August 2014 by Amit Punaini and Ishu Bansal, TruckSuvidha is solving a huge problem in transport and logistics industry i.e. providing details of loads and trucks availability to truck drivers and customers using technology. Since India has one of the largest road networks in the world, numerous trucks drivers run empty trying to find load. They waste nearly a week in trying to find load that can help them gain profit and pay the cost for their return trip to their home cities.
Now the scenario is about to change. With TruckSuvidha, truck drivers can get all the information related to loads available in their area on one single platform. They can easily access all the load details such as material to be transported, weight, pick up location, date, etc.
In addition to providing cargo and load location to truck drivers, they also provide platform for customers to post their load details. Even, transport contractors can post their truck details conveniently on their platform.
Since the transportation industry is second biggest industry after agriculture in India, it is still unorganized. However, TruckSuvidha wants to modernize it using technology and fill the communication gaps between the transportation companies and truckers.
Amit says, “Transportation is a need of society. But this industry is facing many problems. As we were watching the transporters and customers having problems regarding their trucks and loads i.e. transporter are not getting loads on time and same way the customers faces trouble in getting trucks for their loads. So, we decided to launch an online platform to connect transporters, customers and other entities with each other.”
Amit is actually a businessman, who wants to make use of technology for strengthening the society. While his co-founder Ishu Bansal is a software engineer from Ajay Kumar Garg Engineering College, Ghaziabad. Having already worked with multinational companies like SapientNitro and InfoSys Limited, Ishu always has vision of owning a startup that should make a difference in the society.
When asked about the aim of their startup, Ishu says, “TruckSuvidha is working with an aim of upliftment of truck drivers as well as modernization of whole transportation industry.”
TruckSuvidha is bootstrapped and looking for possible funding options so that they can gather more transportation entities online under their brand. Presently, they are earning revenues though advertisements and packages. They have not achieved break-even yet but Amit says, “Break-even would take at least 2-3 years.”
While speaking about the hurdles he and his team faced during the initial phase of their startup journey, Amit said that transforming the problems of transporters into simple solution and creating awareness among their target audience was quite a tough task. But, they have successfully hustled and now, they are the only platform in entire India with one of its kind service and unique business model.
The future of TruckSuvidha looks extremely promising and full of potential because with neither direct nor indirect competitors, they can dominate the industry quite handsomely.
They are even planning to expand their wings all across the India. As of now, they have offices in Haryana and Delhi. They are trying to open more branches in other states to better serve their customers and provide some advanced services.
Amit has a bit of advice for entrepreneurs – “It’s never too late to start. Just believe in yourself.”