Indian Startup Rivigo’s Relay System Gets Patent Rights by the US
Gurugram-based tech-enabled logistics startup, Rivigo on 30th July 2019 announced that the United States Patent and Trademark Office (USPTO), has recently granted patent rights to its unique driver relay model.
According to the company, the patented model uses algorithms to develop an “Intelligent driver allocation system” that determines the availability of truck drivers and thus, enables them to reach home every day.
The algorithms allow the system to pick the right driver for duty based on several parameters, including the equal distribution of driving hours, transit hours, and rest hours. The algorithms also keep track of driver performance by considering the driving behavior.
Co-Founder of Rivigo, Gazal Kalra said that this global first relay system is an endorsement of their pilot-first model, predicated on innovation at the human and technological level. The specific relay technology proves helpful in streamlining the sector and ensuring that truck driving becomes a viable job opportunity for the pilots.
Founded in 2014 by Gazal Kalra and Deepak Garg, Rivigo now owns over 2,100 trucks and holds a pan-India network across 150 locations. The company offers pan-India delivery services to pharmaceutical, automobile, E-Commerce, cold-chain, and fast-moving consumer goods firms. It covers more than 29K pin codes in India.
The company said that the system ensures many things, like:
- The drivers stay behind the wheel for not more than four to five hours and thus, reach home on the same day.
- Reduction in accidents on the national highways as it allocates the drivers with fixed working hours and mandatory rest before the upcoming trip.
- A decrease in transit time required in long-distance transportation.
Stating a considerable shortage of 482 drivers for every 1,000 trucks in India, the company said that this “Relay-as-a-Service” would provide a sustainable and scalable solution to this issue.
The company also spoke about its investors; SAIF Partners and Warburg Pincus and said that the investment of $65 million as part of its Series E round from these investors would strengthen its network coverage and technology.
Rivigo wants to reform the way logistics is carried out in India and therefore, it filed a Patent Application with such a relay model. The industry accepted the company’s revolutionary ideas and granted the patent, thus permitted it to ensure that the truck drivers, who previously had to be on the road for 20 days a month, can now sleep at home every night. For more visit: https://www.kashishipr.com/
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