Logistimo

Designs the technology for last-mile supply chain solutions

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About

  • Headquarters

    Bangalore, Karnataka

  • Since

    2011

Logistimo enhances both livelihoods and enterprises by fortifying supply chains, bridging isolated communities to vital goods, services, and prospects Read more. The aim is to empower the economic and health resurgence of three billion residents in rural emerging markets. Through its technology and dedicated efforts, it safeguards vital supply networks in healthcare, energy, and agriculture. This ensures cost-effective and dependable access to medicines, agricultural inputs, construction materials, fast-moving consumer goods, and clean energy products. Whenever feasible, it fosters local employment opportunities while minimizing the environmental impact of these activities. Logistimo offers tailored technology solutions for logistics coordination, telemetry, community engagement, and digital auctions. These tools are employed collaboratively with its clients to address real-world challenges in areas such as immunization, rural transportation, agriculture, and other sectors with significant socioeconomic implications.

Impact

>1700 CO2e Tonnes Reduced, >600 Million Beneficiaries Served, >40 Million Transactions Annually, >98% Stock Availability, >$200 Million Cost Savings

Programs

  • Inventory management

    This product maximizes stock availability in the warehouses and last-mile stores while minimizing inventory holding costs. Monitors real-time availability and storage conditions through interactive dashboards. Effectively strategizes, plans, and analyzes operational trends using advanced big data analytics.

  • Order management

    Efficiently oversees and monitors orders, including opportunistic recommendations. Streamlines the automatic creation of orders when minimum stock levels are reached. Establishes approval processes with ease. Seamlessly handles backorders, partial shipments, and returns, with automatic updates provided to partners.

  • Performance monitoring

    Empowers supervisors at all levels to track personnel using a mobile app, utilizing both "critical event" and "good performance" indicators. Effortlessly recognizes and commends consistently high-performing individuals while motivating others through social interactions, such as giving "likes."

  • Tusker rural transport service

    In Karnataka, both Micro, Small, and Medium Enterprises (MSMEs) and large rural businesses spanning various sectors such as pharmaceuticals, consumer goods, and industrial products face significant challenges in their supply chain management, particularly in the last mile logistics. Logistimo has been implemented in the region to address these issues. It operates by aggregating local demand and efficiently coordinating distribution through crowdsourced rural transporters. The platform utilizes data collected from sales and fulfilment channels to optimize task sequencing, routing, scheduling, and overall distribution.
    Through this initiative, Tusker, the organization behind Logistimo, has established a marketplace that revolutionizes product delivery to resource-constrained areas. Instead of the expensive and ad-hoc full truck load deliveries that were previously common, Tusker's approach enables low-cost, same-day deliveries to regions that were once underserved.

  • Jaypee Tata Steel

    Frequent stock shortages of steel and barbed wires at retail outlets were causing Jaypee to lose business and farmers to suffer significant crop losses. Logistimo was deployed to efficiently manage inventory and streamline the requisition process. The proprietary 'Flow-casting' inventory optimization tool was employed to analyze consumption trends and automate the ordering process. With this data at hand, the sales force could better understand consumption patterns and place timely orders on behalf of retailers. Jaypee gained the ability to track every order and delivery across the state of Karnataka. Their operations were streamlined, and real-time inventory visibility within their retail network enabled fair incentives for their sales staff.

  • Electronic Vaccine Intelligence Network

    The immense scale and varied terrain of India pose a monumental challenge in reaching all children. The objective is to immunize over 156 million women and children each year. eVIN utilizes social features like control towers, AI-powered event summarization, "likes," and user rankings. India's Universal Immunization Programme has successfully achieved nearly real-time visibility and a stock-out rate of less than 1%. Additionally, automated forecasting has resulted in savings exceeding $70 million.

  • Cold chain monitoring

    This product monitors temperature remotely throughout the cold chain assets. Receives alerts for temperature deviations above or below acceptable thresholds and automates escalation procedures to prevent product spoilage. Acquires valuable insights into the performance of the cold chain equipment and schedules timely maintenance as needed.

Leadership Team

  • Neeraj Thakare

    Director - Research

  • Mrinalini Menon

    Director - Finance & Operations

  • Sharath Chandangoudar

    Director - Operations

  • Amit Akkihal

    Director - Strategy

  • Anup Akkihal

    Chief Executive

Demographics & Structure

  • No. of Employees

    100+

M&E

  • Internal, External Assessors

    No

Policies

  • Ethics and Transparency Policies

    No

  • Formal CEO Oversight & Compensation Policy

    No

Political & Religious Declarations

  • On Affiliation if any

    No

  • On Deployment Bias if any

    No

Registration Details

  • Registration ID

    60762

  • FCRA

    Not Available

  • CSR Registration Number

    Not Available

Location

  • Headquarters

    No.133/2, 4th Floor, Janardhan Towers, Residency Road, Bangalore, 560025

    Directions
  • Offices in Cities

Other Details

  • Type & Sub Type

    For-profit
    Private Limited Company