Md. Imthiaz is killing the "dead miles" in logistics | Raaho
This episode offers a glimpse into the world of logistics, where the powerful combination of machine learning and data science is revolutionizing the Indian logistics sector and ensuring better incomes for truckers.
Founded in 2015 by Md. Imthiaz, Raaho is an online truck aggregator and on-demand inter-city truck-hailing platform.
This Gurgaon-based startup is disrupting the traditional model by directly connecting cargo owners with truckers, cutting out middlemen and simplifying the delivery process.
Imthiaz's previous venture, Hoppr, made waves with a remarkable $5 million Series A raise in 2012, a feat unheard of at the time. Despite initial success, Hoppr's eventual inability to scale taught him a valuable lesson about the dangers of raising excessive capital too soon.
With Raaho, he is taking a different approach, tackling the inefficiencies in logistics through a first principles approach and a focused strategy.
Delve into the captivating journey of Raaho, where he shares firsthand the hurdles of attaining product-market fit and provides actionable insights into navigating the dynamic landscape of entrepreneurship!
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Watch the entire conversation on YouTube
Additional readings:-
1.Digitising freight network for a better tomorrow
2.How Raaho Is Using Tech To Transform India’s Fragmented Commercial Trucking
3.How is Raaho building an Online market space for intercity trucking
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Mail me at ad@thepodium.in with your comments & feedback or if you just want to hear my comments on your startup idea - I love getting your emails!
Until the next founder's thesis📕,
Your host, AD