Troubled logistics tech unicorn Rivigo held talks with Flipkart, FirstCry for a saleThe discussions around Rivigo’s acquisition are still preliminary and may or may not result in a deal, said these people who spoke on the c...
23 Aug, 2022, 08.10 AM IST
Rivigo granted US patent for its driver relay system"Our global first relay model being recognized by the USPTO is an endorsement of our pilot-first model predicated on innovation at a techno...
31 Jul, 2019, 10.01 AM IST
Warburg Pincus & SAIF Partners lead $65 million funding round in RivigoFULL TANK: Funds are rolling in as investors get on road in search of a big deal. Rivigo has $65m, while Samsung is spotting opportunities
12 Jul, 2019, 08.12 AM IST
Esop nets Rs 71 crore for 30 former Rivigo employeesThe transactions saw a number of senior as well as middle management executives at the company vest their stock options in Rivigo Services.
31 Aug, 2018, 10.40 AM IST
Rivigo to increase headcount by 50% to 3,200 in 6-8 monthsThe company has already inducted over 40 algorithm background engineers to maintain its edge over its rivals and is planning to hire more a...
04 Mar, 2018, 12.25 PM IST
Rivigo's total revenue for FY17 zooms 170% to Rs 402 croreFounded in 2014, Rivigo has raised more than $100 million in equity and debt financing from the likes of global equity major Warburg Pincus...
30 Oct, 2017, 09.19 AM IST
As GST era sets in, this is why coders and investors have their eyes on the highwayWith increasing margin pressure and high congestion at airports, ecommerce players are likely to turn to road freight in the GST regime.
19 Sep, 2017, 11.07 PM IST
SoftBank hits the road again, in talks with Rivigo to invest at least $100 millionLast week, SoftBank acquired a $2.5-billion stake in Flipkart, taking its total investments in Asia’s third-largest economy this year to $6...
21 Aug, 2017, 04.55 PM IST
Ashok Leyland bags Rs 120-crore order from logistic company RivigoAshok Leyland claims this order of 500 fully-built vehicles is driven by the success of the iEGR technology which has been developed indige...
11 Aug, 2017, 12.17 PM IST
Rivigo looks to hire 450 this quarter“We will continue to digitise and transform the logistics sector in the country, and are in the process of building many core technology pr...
21 Mar, 2017, 01.41 AM IST
Logistics company Rivigo Services raises Rs 100 crore in debtThe latest financing follows the $75 million the three-year-old company raised in equity funding from global private equity firm Warburg Pi...
08 Mar, 2017, 08.39 AM IST
Rivigo raises $75 million in Series C funding from Warburg PincusThe CEO of Rivigo, which competes with the likes of legacy operators such as GATI and Blue Dart, declined to share the specifics of the tra...
07 Nov, 2016, 12.57 PM IST
Inviting truckers for dinner was big startup idea of Rivigo's Deepak GargGarg introduced 'Driver Relay Model', making sure that truck drivers get back home on the same day (or within 24 hours), reducing turnaroun...
07 Nov, 2016, 09.52 AM IST
Rivigo adds 100 new cities for part-truck transport to meet festive rushWith this development, Rivigo services will now be available in most state capitals, major cities and industrial centres in the country.
16 Sep, 2016, 03.07 PM IST
Rivigo places single largest order for 1200 CVs from Ashok LeylandThe purchase of the 1200 additional vehicles means Rivigo - the fastest growing surface transport company in India - will grow Rivigo's fle...
11 Aug, 2016, 04.37 PM IST
Logistics firm Rivigo to treble truck fleet to 3,000 unit, banks on driver relay systemOne of the largest company in the logistics industry, driver relay system proven to be good,Chennai to Delhi deliveries in two days unlike ...
18 May, 2016, 04.45 PM IST
Rivigo raises $30 mn from SAIF Partners, othersFounded in 2014 as TrucksFirst, Rivigo aims to leverage the raised capital to achieve its target of scaling 10 times in the next 12 months,...
17 Dec, 2015, 10.29 PM IST