Zipaworld invests in Radiant X-Ways Logistic to capture domestic market

Zipaworld has announced investing a stake in Radiant X-Ways Logistic; the amount has not been disclosed by either of the parties. This investment comes soon after the launch and implementation of Zipaworld’s Ocean Freight digital platform. The Board of Directors of Radiant X-Ways Logistic has nominated Dr Ambrish Kumar, the founder of Zipaworld, as the Chairman of Radiant. Shares his futuristic views Kumar states, “The investment in Radiant marks another milestone for us as we aimed at encompassing and connecting more than 26000 zip codes across India, to the global gateway digitally through the Zipaworld platform.” He also added that “Radiant will help us resolve the first and last mile connectivity concerns as the user will be able to book a cargo right from their door to the destination door from one single gateway, without having to go to multiple vendors”. Zipaworld is all set to break the stereotypes of the Indian logistics sector which is highly fragmented and disintegrated.

Prabhakar Pandey, Managing Director, Radiant X-Ways Logistic, expresses his enthusiasm and thoughts stating, “We are keenly contemplating Zipaworld’s holding and backing in Radiant, mainly for digitizing and automating the whole domestic circuit that forms our expertise. Our valuable clients will be highly benefitted with the automation and the technological advancement. Zipaworld is providing Radiant with a gateway to cater to the international market for our year-old clients and that too from a single window gateway”.

The assurance of Dr Ambrish Kumar towards the end of last year to transport goods to and from any part of the country and offering the manufacturers and exporters a global access is turning out to be a reality much ahead of the stipulated time. Zipaworld is turning the tables the way logistics is dealt with the help of state-of-the-art technology, and strategic collaborations and ventures. Zipaworld has much more in store for the near future like extensive coverage of the North Indian market with the help of eco-friendly electronic vehicles, data mining and venture into sheer automation with the help of Machine learning and AI.