linkedin
BROUGHT TO YOU BY
Exclusive Access, Inclusive Growth

WELCOME TO ET PRIME

BROUGTH TO YOU BY
Exclusive Access, Inclusive Growth
ET Prime
Logistics

Do a 44-day job in a few hours: This Gujarat startup can save billions for the shipping industry

MatchLog can turn around an import-bound container in about 60 hours, a work which otherwise takes 44 days in India. Its algorithm-led triangulation exercise helps importers, trucking-services providers, and exporters save time and money. But the uncertain nature of the container-traffic business is a hurdle the startup needs to keep in mind.
font size
FONT SIZE
save
SAVE
saved
SAVED
Gift this article
GIFT ARTICLE
taslima-khan1
18 Nov 2019 5 Mins Read 7 comments
Getty Images
What happens when an unusual idea emanates from a startup that claims to do a job, which otherwise takes well over a month, in hours? “How is that even possible” – is how established players in any industry often react. This is what happened when Dhruv Taneja, the co-founder of logistics startup MatchLog managed to turn around an import-bound
has a revenue-generating potential of USD16 per day globally, as per a Drewry report. So even if we can reduce the dual time of a box (which is 44 days) by 10 days, shipping lines can expect an incremental revenue of USD 160 [per container].” Indian shipping lines are waiting. ( Graphics by Sadhana Saxena and Mohammad Arshad)
What happens when an unusual idea emanates from a startup that claims to do a job, which otherwise takes well over a month, in hours? “How is that even possible” – is how established players in any industry often react. This is what happened when Dhruv Taneja, the co-founder of logistics startup MatchLog managed to turn around an import-bound has a revenue-generating potential of USD16 per day globally, as per a Drewry report. So even if we can reduce the dual time of a box (which is 44 days) by 10 days, shipping lines can expect an incremental revenue of USD 160 [per container].” Indian shipping lines are waiting. ( Graphics by Sadhana Saxena and Mohammad Arshad)

The latest from ET Prime is now on Telegram. To subscribe to our Telegram newsletter click here.

Gift this story

YOU CAN GIFT 0 MORE STORIES THIS MONTH

Maximum 10 Email IDs allowed

300 characters remaining

Gift Sent Successfully

Limit Reached
Limit Reached

You’ve gifted all the 0 articles from your monthly gift bucket!

Please come back next month.

0 more articles will be waiting for you in your gift bucket.

CONTRIBUTORS WHO HAVE COMMENTED ON THIS STORY

test

user Amol Intel Corporation, Systems Application Engineering (SAE) Manager

test

user Vishal

Current Edition

[[^message]]

Result

[[/message]] [[#message]]

[[message]]

[[/message]]