MEDIA

Logistics Optimisation Startup MatchLog Raises $3 Mn To Develop Its Tech Platform

Inc42 | Published on 19 Jan 2022

MatchLog claims to be able to solve more than $2 Bn worth of fuel wastage and 2 Mn tonnes of carbon emissions annually in India. The startup will use the freshly raised capital to develop its tech platform and machine-learning-based cargo pairing system

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Logistics optimising platform MatchLog raises $3 mn in pre-series-A round

Business Standard | Published on 19 Jan 2022

MatchLog claims it is India's first firm to offer at scale the ability to turnaround a container from import to export cycle, thereby eliminating empty runs to and from container yards.

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The Container Matchmaker

India Seatrade | Published on Feb 2021

MatchLog is India's first Tech driven Asset Light Street Turn / Matchback / Triangulation Enabler, which helps in reducing movement of empty containers. Many import containers after getting destuffed at the destination, return empty all the way to the port and shipping line reposition them to other trade lanes that have demand. Matchlog's Matchback helps in assigning export cargo to such import containers on the return leg.

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Do a 44-day job in a few hours: This Gujarat startup can save billions for the shipping industry

ETPrime | Published on 18 Nov 2019

MatchLog can turn around an import-bound container in about 60 hours, a work which otherwise takes 44 days in India. Its algorithm-led triangulation exercise helps importers, trucking-services providers, and exporters save time and money. But the uncertain nature of the container-traffic business is a hurdle the startup needs to keep in mind.

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Geneva’s MSC picks up logistics start-up MatchLog to drive efficiencies, lower costs

The Hindu Businessline | Published on 13 Oct 2019

Geneva-based Mediterranean Shipping Company or MSC, the world’s second-biggest container carrier, has taken the help of an Indian logistics start-up to cut costs, reduce wastages and drive efficiencies in the country’s container logistics chain.

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