Delhivery invests in Falcon Autotech
Summary
Delhivery aims to collaborate with Falcon Autotech to build and deploy new automation solutions for transportation and warehousing operations as a result of this investment. Falcon Autotech claims to have pioneered several warehouse automation solutions for the warehousing and logistics, ecommerce, and courier industries since its founding in 2004. These include online weight and dimension/volume measurement systems for freight calculation, mail sorters, and asset and inventory tracking solutions based on bar codes or RFID (Radio Frequency Identification). “The collaboration with Falcon Autotech strengthens our ability to drive greater speed, precision, and efficiency across our business lines," Ajith Pai, chief operating officer (COO) of Delhivery, said. Delhivery was founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati as a hyperlocal express logistics services firm in Delhi.
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