Vamaship, a technology-driven integrated logistics platform has been launched in India with an aim to provide the most cost-effective, on-time shipment fulfillment for individuals and businesses and integrate the largely unorganized logistics process in India.
Mr. Bhavik Chinai, Founder and CEO – Vamaship, commented on the launch,
Globally, the shipping and freight industry has presented freight forwarders and shippers with a broken and expensive experience, owing to its unorganized and unintegrated processes. With Vamaship’s integrated logistics platform, we aim to change logistics forever by implementing tech-driven solutions to automate and facilitate shipping. This will ensure a cost-effective and seamless shipping experience for all stakeholders.
Launched in September this year, Vamaship claims to be the world’s first integrated logistics platform based facilitating shipping through air, ocean and surface. The teams are based out of Mumbai, Bangalore and Delhi and the company aims to set global benchmarks in service quality, growth rate and stakeholder satisfaction, and become the world’s shipping partner.
Through its innovative heuristic technology, Vamaship helps shippers minimise costs through passing on bulk shipping rates and through automation of shipping processes. By leveraging state-of-the-art technology, deep knowledge of the industry and advanced logistics algorithms, Vamaship will facilitate shipping through all three channels – air, ocean and surface.
Vamaship expects that SMEs, e-commerce websites, and individual shippers are going to benefit the most from their services. This is due to the fact that freight forwarders and courier companies aren’t able to reach small and medium enterprises due to their vast geographical spread and SMEs do not get low prices and good service due to their low shipping volume.
Vamaship aims to fill this gap through technology, by saving shipping cost for shippers and introducing a new revenue stream for its partners. Acting as a consolidator, Vamaship provides freight logistics solutions across all three channels of transportation – air, surface, and ocean – within 8,000 pin codes in India and from India to the United States, UK, UAE, China, Hong Kong and Singapore. The company has tied up with India’s best shipping partners to ensure seamless fulfillment.
We are here to help our partners and shippers streamline shipping processes,
Mr. Rohit Chemburkar, Co-founder and CTO – Vamaship acknowledges.
By tackling the existing inefficient process through technology and real-time communication with various stakeholders, we enable the calculation of the most precise freight applicable for our users.
Vamaship has also pioneered a drastic decrease in the turnaround time for ocean freight pricing, reducing it from 48 hours to just 7 seconds. In a process that requires careful coordination with several stakeholders such as customs clearance broker, transporters, ports and the shipping line, Vamaship’s revolutionary impact has created a new revenue medium and eased shipping processes for each stakeholder.
The company is now evaluating the option of enabling more services to shippers and expanding their reach within India to 10 cities. When executed, Vamaship expects to become the world’s first platform to provide an automated shipping from 10 cities in India to the world.
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