Traqo.io, a no-code third-party logistics management platform, has raised an undisclosed amount in an early phase funds round led by We Founder Circle (WFC).
The startup aims to optimize logistics operations for manufacturers by offering a fully integrated and scalable solution.
Its software-as-a-service (SaaS) model covers the entire cargo lifecycle, from procurement and tracking to auditing and settlement, eliminating manual processes such as spreadsheets and significantly reducing inefficiencies.
Key Features of the Traqo Platform
The No-Code-Saas platform offers easy-to-customize drag-and-drop modules for cargo acquisition, tracking, trip planning, SLA management, fund auditing and invoicing.
Traqo uses a combination of SIM-based tracking, GPS and toll data to provide accurate, real-time tracking.
Additionally, it includes an AI-based trip planner and 3D cargo optimization features that help businesses reduce operating costs and improve efficiency.
Traqo claims to be ten times faster and cheaper than existing alternatives on the market, making it an attractive solution for manufacturers looking to optimize their logistics.
Who are the founders?
Founded by Mukesh Deogune, an IIT BHU alumnus, along with a team of experienced professionals from Microsoft, HSBC and Reliance, Traqo aims to transform the logistics industry.
Mukesh Deogune, Founder, Traqo.io, said: “Traqo enables logistics stakeholders to manage their operations on a single, neutral platform, ensuring greater transparency, efficiency and scalability. With the support of We Founder Circle, we are ready to We expand our AI-powered features and enable companies to gain full visibility and control over their logistics.
“By solving a real-world problem, Traqo’s no-code platform has the potential to redefine how logistics is managed across sectors, offering businesses the ability to optimize every aspect of their cargo lifecycle,” he said. Neeraj Tyagi, Co-Founder, We Founder Circle. .
The startup will use the capital raised to expand its technology and artificial intelligence teams and improve its platform to meet the needs of manufacturers and e-commerce companies alike.
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