How can Jubilant Food works backing empower startups to streamline operations?

In the dynamic landscape of logistics and supply chain management, businesses worldwide encounter numerous challenges that impede their productivity and expansion.

A critical issue revolves around the absence of real-time visibility and transparency in operations, resulting in delays, inflated costs, and diminished customer satisfaction. Conventional systems often rely on outdated tracking methods, leaving companies ill-equipped to address changes or disruptions promptly.

This deficiency not only hampers operational efficiency but also compromises informed decision-making, route optimization, and timely delivery of goods. Furthermore, the logistics industry’s sluggish adoption of new technologies exacerbates these hurdles, fostering resistance to change.

Businesses grapple with inefficient fleet management, inadequate tracking tools, and disjointed integration across supply chain stages. This predicament intensifies as consumer expectations for swift and reliable deliveries soar, adding to the pressure on logistics firms to streamline operations.

Recognizing this market gap and drawing from their professional backgrounds, Vishal Jain, Rahul Mehra, and Anshul Jain founded Roadcast in 2015. Leveraging their expertise in finance, product design, and IT, the trio aimed to revolutionize the logistics sector by offering holistic solutions beyond conventional navigation services.

The Early Beginnings

Roadcast’s inception days were characterized by the common challenges faced by entrepreneurs: transitioning from stable careers to the uncertainties of launching a new venture, navigating the intricacies of the logistics industry, and crafting technology with genuine transformative potential.

However, despite these obstacles, the founders’ unwavering dedication to innovation and their adeptness in swiftly adapting and assembling a dedicated team enabled Roadcast to surmount these initial challenges. Roadcast’s evolution from a nascent startup to a leading figure in the logistics and supply chain sector underscores the founders’ vision and the company’s pioneering ethos.

Fueled by AI, the platform delivers a range of customizable software and hardware solutions that offer real-time visibility and actionable insights into fleet management.

Optimizing Business Operations with Roadcast

Roadcast revolutionizes business operations with cutting-edge features like advanced GPS tracking, route optimization, EV management, fuel monitoring, and more. By leveraging Roadcast’s solutions, businesses can streamline operations, slash costs, and boost efficiency.

The technology driving Roadcast integrates AI and IoT, delivering unparalleled fleet management and delivery services. For instance, AI-powered dash cameras in vehicles bolster monitoring and safety by analyzing real-time footage to identify potential risks.

Moreover, Roadcast’s fuel monitoring system utilizes AI to scrutinize consumption patterns and optimize routes. This holistic approach to incorporating technology into logistics management distinguishes Roadcast within the industry.

Securing $2 million in funding from Jubilant FoodWorks has propelled Roadcast’s growth, facilitating the expansion of its technology stack, enhancing vehicle visibility capabilities, and establishing global presence with offices in Vietnam, along with clients in the UAE and London.

Roadcast’s expansion strategy revolves around strategic partnerships, technological innovations, and market understanding. Through collaborations with diverse clients like UDAAN, Delhi Police, and Jubilant FoodWorks, Roadcast has expanded its reach across 50 cities and 7 countries, aided by localized hiring and tailored platform adaptations.

The impact of Roadcast’s solutions is evident across various sectors. For instance, it has revolutionized operations for Delhi Police, improving fleet visibility and response times. In waste management, Roadcast’s real-time tracking optimizes route planning and resource allocation, elevating efficiency and customer satisfaction.

Operating on a dual B2B and B2C model, Roadcast generates revenue through technology licensing, customization options, and support services. Additionally, it markets hardware solutions via e-commerce platforms, catering to businesses and consumers seeking advanced tracking and management devices. With a team of 100 and a remarkable 300% revenue surge, Roadcast is poised for rapid expansion.

Expanding Workforce

With plans to scale its team to 500 within the next two years, the company’s focus lies on international expansion, notably targeting the EU, GCC, MENA, and SEA regions.

A considerable portion of the recent funding injection is earmarked to bolster these efforts, which include venturing into new markets, innovating product offerings, and fortifying operational capabilities. Roadcast envisions a future logistics and supply chain landscape powered by technology-driven, sustainable solutions.

Positioned as a frontrunner in this evolution, the company intends to leverage AI, IoT, and data analytics to drive efficiency, connectivity, and sustainability across the supply chain ecosystem.

As the logistics industry increasingly embraces technology, Roadcast stands poised to play a pivotal role in its advancement, spurred by government initiatives and a global pivot towards more integrated and transparent logistics solutions.