Truckhall Crosses Freight Booking of Rs 10 Cr

KOLKATA, India - Aug. 10, 2016 - PRLog -- Much to the elation of the founders and partners, TruckHall, which heralds itself as the Eastern India's largest load fulfilment platform, announced that it has already crossed the freight booking of 10 CR in August 2016. Within a short span of eight months of operations, the company has successfully placed 2500 vehicles through its platform. The company claims to have fulfilled its promise of reducing price volatility by providing better freight rates than the rates prevailing in the market.

On the company's overwhelming success, Co-Founder and CTO Varun Biyani said, "Reaching the 10 CR mark in freight booking is a proud moment for us. The dedication of our team and the clarity of our vision have helped us reach this stage. If all the pieces fall in place, who knows, the next six months could see us cross the 100 CR mark." Varun is a graduate from Carnegie Mellon University, USA and has spent a good 8+ years in IT industry.

Varun adds, "India has an impressive 1,325 Ton-Km of freight traffic. However, the market is highly unorganized and fragmented due to multiple layers of people involved. 20% of the time involved is wasted in matching of fleet and loads. We, at TruckHall, aim at increasing speed, enhancing efficiency and productivity of all the stakeholders in the transport sector through technology."

TruckHall, a collaborative platform which aims at connecting transporters, brokers and large fleet owners, is competing with other start-ups such as TruckSuvidha, TruckMandi etc. The company, however, claims to have a stronger hold in the eastern India. It may be noted here that TruckHall's European counter-parts such as Teleroute and Timocom are working on the same model and their success is the inspiration behind TruckHall's team.

To know more about TruckHall, visit at http://truckhall.com