Tata motors buys 26 per cent stake in TruckEasy
This is part of Tata Motors' endeavour to bring smart solutions to enable the trucking community to have better lives and improve their livelihood.
New Delhi: Tata Motors has picked up a 26 per cent stake in TruckEasy, a tech based freight aggregator.
This is part of Tata Motors’ endeavour to bring smart solutions to enable the trucking community to have better lives and improve their livelihood.
TruckEasy was set up in Bengaluru in 2014 by three entrepreneurs — Nikhil Thomas, Vikram Kodgi and Avinash Achar. The company provides timely and reliable service for the transporting needs of businesses within Beng-aluru. TruckEasy will use this investment to expand it footprint to additional cities.
This strategic investment in TruckEasy will provide Tata Motors an insight into the growing tech-driven transformation in the freight logistics space and also get an understanding of the market dynamics in the intra-city freight movement.
This will also enable Tata Motors to stay closer to the final customer, the load consigner thus enabling to provide better products and solutions.