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Follow on Google News | Serial Entrepreneur Praveen Sinha Backs Online Cargo Management Company iKargos.comSerial Entrepreneur Praveen Sinha (Founder of Jabong, Aqua brim and many more) has invested in iKargos.com, an online cargo management company that is using technology to ease international and domestic logistics.
By: iKargos.com She also recalls two specific cases: One where the customer had to pay upto 200% duties without being aware of the cost before ordering the shipment and the other case in which, the client was not aware when the shipment had reached and that resulted in demurrage cost and late penalty charges running in lacs of rupees. Speaking on the association, Praveen Sinha commented, "When we had started Jabong, one of the most complex and unreliable services was supply chain. Though it was a problem area it also gave us an opportunity to differentiate in that space. We were the first company to start same day delivery, open box delivery, reliable tracking using GPS on phone, try and buy etc. When Rekha shared her idea, I could easily see the spark and passion to solve these bottlenecks. It's nostalgic to see teams like these which are innovating practical solutions to major bottlenecks plaguing the supply chain." "The decision to back the iKargos team was based on 3 parameters - Experience of the leadership team, the Sector that they were working on and the Solution they had in mind," he concluded. iKargos.com has a detailed roadmap of upcoming features they plan to add to the product. Some of the features which are present on the platform currently are: Certifications, HS Codes, Catalogue Verification, Freight, Tracking, Reports & Chat. Visit us at https://ikargos.com/ End
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