India can save a whopping $50 billion if the cost of logistics and transportation is reduced from 14.4 per cent of the GDP to nine per cent. Compared to this, other developing countries spend less than eight per cent of their GDP. Even with several players in the long haul, short haul, and last mile logistics like Rivigo, Blackbuck, Blowhorn, LetsTransport, Fortigo, and LoadShare, there is a dire need for an organised space in India. This gap in the logistics market led Varun Biyani, Anup Agarwal, and Manisha Saraf to start SuperProcure in 2017 in Kolkata.
IIMCIP incubatee SuperProcure (https://www.superprocure.com/) recently has raised a funding of Rs 9.68 Cr from Tradezeal Online Pvt Ltd (IndiaMART).
A SaaS-based B2B startup that digitises and optimises logistics and supply chain management for manufacturing and infra companies, SuperProcure helps bring down logistics spending. SuperProcure aims to make information reliable and visible to everyone by driving communication, coordination, and commitment within the logistics workflow.
Workflow automation improves manual productivity and hence creates higher income capability, which in turn results in greater social and economic value for each of the stakeholders — the logistics team, the carrier, the fleet owner, drivers, and customers.