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Categories: ALL CATEGORIESHOT NEWSSTARTUPINVESTMENTBUSINESSINTERNATIONALLOGISTICSPOLICYTRENDINGINNOVATION

Issue #246

30 Nov - 6 Dec 2019

HOT NEWS

Digital toll payments evolution

In the present scenario, tolling-related technologies have gained momentum for enabling acceptance of digital payments in lieu of cash at toll plazas. With emphasis on implementing an effective and efficient toll collection system, electronic toll collection (ETC) emerged as the key solution to enable a fast, efficient and cashless payment option for collection of toll fare.

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POLICY

Union Cabinet clears Personal Data Protection Bill

The Union Cabinet has cleared the Personal Data Protection Bill for introduction in the current session of Parliament. The Bill deals with data protection of citizens. It will look at how the interests of Bharat and the interests of everybody is handled. The Bill could be introduced in either house of the Parliament in the current Winter Session which will conclude on December 13

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STARTUP

Flipkart leads $60 mn round in logistics startup Shadowfax

Walmart-owned Flipkart has led a $60 million (about Rs 429 crore) investment round in logistics startup Shadowfax, as India’s largest online retailer looks to enable faster 2-hour delivery using a hyperlocal network and launch newer on-demand categories. This capability enables us to do on-demand categories from delivering smartphones, fashion to grocery in less than 120 minutes... It also opens up the potential to build newer categories like dairy, meat, fruits, vegetables, and pharmacy using Shadowfax’s technology, as well as Kirana (corner store) network.

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INNOVATION

Presenting HawkEye - Our Next Generation Control Tower

You can now control every trip, hub and branch of your network. As always, WebXpress has focused on Business Problems faced by transporters and solve them with a combination of domain expertise and cutting edge technology. Look out for more updates as we release new HawkEye features every week.

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LOGISTICS

Allcargo snaps up Gati to enter B2C logistics

Allcargo Logistics, an integrated logistics company present across multiple B2B (business-to-business) ventures, announced its foray into the B2C (business-to-consumer) vertical by acquiring a controlling stake in express logistics firm Gati. Mumbai-based Allcargo announced that it was acquiring a majority stake of about 44.64% in the listed company for a consideration of ₹416 crore.

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