Rivigo, a tech-enabled Indian logistics startup on 30th July 2019 proclaimed that its unique driver relay system has recently obtained patent rights by the United States Patent and Trademark Office (USPTO).
The granted patent involves a model that utilizes algorithms to develop an “Intelligent driver allocation system,” which determines the availability of the drivers, enabling them to reach home the same day.
As the company explained, the algorithms empower the system to pick the precise driver for duty based on various parameters, like the equal distribution of driving hours, transit hours, and rest hours. Moreover, by considering other parameters such as driving behavior, the algorithms keep track of driver performance.
Rivigo’s co-founder Gazal Kalra explained that based on advanced technology, this first relay system would streamline the sector and ensure a vital job opportunity for truck drivers. He added that it is an endorsement of their pilot-first model, predicated on reforms at the human and technological level.
In 2014, Gazal Kalra and Deepak Garg had founded Rivigo, the company offering pan-India delivery services to automobile, pharmaceutical, E-Commerce, cold-chain, and fast-moving consumer goods enterprises. Owning around 2,100 trucks and a pan-India network across 150 locations, it covers over 29K pin code across India.
The company announced that the algorithms ensure many things, including:
- The drivers remain behind the wheel for a maximum of four to five hours and hence, reach home each day.
- A remarkable reduction in accidents on the highways by allocating the truck drivers with not just the fixed working hours but also mandatory rest before every upcoming trip.
- A noticeable decrease in the transit time needed in long-distance transportation.
The company said that this “Relay-as-a-Service” system would provide a scalable and sustainable solution to the issue of the shortage of 482 drivers over every 1,000 trucks in India.
The company also said that its existing investors; SAIF Partners and Warburg Pincus invested $65 million as part of its Series E round. The investment will strengthen its technology and network coverage.
Rivigo wants to bring change in the way logistics is done in India, and that’s why it filed a Patent Application, including this relay model. The industry had accepted the firm’s revolutionary ideas and patented the model, allowing it to ensure that the drivers can sleep at their homes every night. For more visit: https://www.trademarkmaldives.com
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