Top Supply Chain AI Startups in Asia

by Editorial Team

Artificial Intelligence (AI) has emerged as a game-changer in the supply chain and logistics industry.

By leveraging machine learning algorithms and advanced analytics, AI technologies empower organizations to optimize operations, enhance efficiency, and drive cost savings. From demand forecasting and inventory management to route optimization and risk mitigation, AI holds the potential to transform traditional supply chain practices. In Asia, a hotbed of technological innovation, numerous startups have emerged as leaders in AI-driven supply chain solutions.

Let’s explore some of the startups that are revolutionizing the industry:

NextBillion AI

  • Founder: Ajay Bulusu, Gaurav Bubna, and Shaolin Zheng
  • Year Started: 2018
  • Funding Raised: $7 million
  • Key Clients: Maersk, CMA CGM, ZIM Integrated Shipping Services
  • Homepage: https://www.nextbillionai.com/

NextBillion AI, headquartered in Singapore, focuses on AI-powered solutions for the maritime industry. Their platform leverages computer vision and deep learning to automate maritime processes, such as container tracking and anomaly detection. By harnessing AI, NextBillion AI aims to enhance operational efficiency, optimize port logistics, and minimize human error in the maritime supply chain.

Pando

Pando is an AI-powered platform that connects shippers, carriers and logistics service providers. Pando helps them optimize their operations, reduce costs and improve customer satisfaction. Pando uses machine learning to analyze data from various sources and provide insights, recommendations and automation for end-to-end supply chain management.

  • Founder: Nitin Jayakrishnan
  • Year started: 2017
  • Funding raised: $30 million
  • Key clients: Unilever, Britannia, Tata Steel, Asian Paints
  • For more details about the solutions, click here.

LogiNext

LogiNext, a Mumbai-based startup, combines AI and big data analytics to offer end-to-end logistics optimization solutions. Their AI-driven platform provides real-time tracking, route optimization, and resource allocation, enabling companies to enhance delivery efficiency, reduce costs, and improve customer experiences. LogiNext’s comprehensive suite of tools caters to various industries, ranging from e-commerce to field services.

  • Founder: Dhruvil Sanghvi and Manisha Raisinghani
  • Year Started: 2014
  • Funding Raised: $50 million
  • Key Clients: Flipkart, Myntra, Decathlon, McDonald’s
  • For more details about the solutions, click here.

Locus

Locus is an India-based startup that specializes in AI-powered logistics optimization. Their platform leverages machine learning algorithms to provide real-time visibility, automated dispatches, and route optimization. Locus assists businesses in streamlining operations, reducing costs, and improving overall efficiency in logistics and supply chain management.

  • Founders: Nishith Rastogi and Geet Garg
  • Year Started: 2015
  • Funding Raised: $79 million
  • Key Clients: BigBasket, Bluedart, Tata Group, Swiggy
  • Homepage: https://locus.sh/

Ezyhaul

Ezyhaul is an AI-enabled digital freight platform that connects shippers with carriers across Southeast Asia. Ezyhaul helps shippers book, manage and track their shipments online, while helping carriers optimize their capacity utilization and reduce empty miles. Ezyhaul also leverages AI to provide dynamic pricing, smart matching and data-driven insights.

  • Founder: Raymond Gillon
  • Year started: 2016
  • Funding raised: $16 million
  • Key clients: DHL, DB Schenker, CEVA Logistics, Ninja Van
  • Homepage: https://www.ezyhaul.com/

The aforementioned startups exemplify the innovative solutions emerging from Asia, leveraging AI and machine learning to optimize various aspects of the supply chain.

When evaluating AI-driven supply chain solutions, consider factors such as the startup’s industry experience, track record, scalability, and ability to integrate with existing systems. Additionally, ensure the solution aligns with your specific business needs and provides a clear return on investment.

For more supply chain technology solutions, visit ChainTech marketplace.

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