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Rohit Sharma backs logistics startup Prozo amid India's supply chain boom
Rohit Sharma backs logistics startup Prozo amid India's supply chain boom

Time of India

time24-06-2025

  • Business
  • Time of India

Rohit Sharma backs logistics startup Prozo amid India's supply chain boom

Indian cricket icon Rohit Sharma has invested in Prozo , a full-stack supply chain company supporting over 150 fast-growing and enterprise brands across India. The move underscores the increasing importance of robust, technology-driven logistics in powering the country's evolving consumer economy. Prozo, which integrates warehousing, freight, and fulfilment through a single tech-enabled platform, enables businesses to scale with speed, reliability and control. Represented exclusively by RISE Worldwide, Sharma's investment highlights the rising synergy between sports and entrepreneurial ecosystems, especially those built on performance and precision. According to a Deloitte India report, the digital commerce market in India is set to surpass $350 billion by 2030, driven by a boom in direct-to-consumer brands, omnichannel retail, and rapid logistics digitisation. In such a competitive environment, supply chains have become crucial to delivering seamless customer experiences and ensuring business continuity. 'In sport and in business, consistent performance is never accidental. It comes from having a system that delivers day in and day out,' said Sharma. 'That is what Prozo is building for Indian brands. Their approach combines scale, technology and operational excellence in a way that directly supports long-term growth. I see Prozo as a key player in shaping the future of commerce in India, and I am excited to join in that journey.' Founded in 2016 by Dr Ashvini Jakhar — a former Naval doctor and McKinsey consultant — Prozo operates 42 warehouses spanning 2.2 million square feet, delivering to over 24,000 pin codes across the country. With a revenue run-rate of ?250 crore, the company has secured $20 million in funding, backed by investors including Sixth Sense Ventures and Jafco Asia. Welcoming Sharma onboard, Jakhar said, 'We are very happy to have Rohit Sharma on board as an investor. Rohit's career reflects everything we believe great supply chains should represent — discipline, endurance and the ability to show up under pressure. His support reinforces our commitment to building infrastructure that is dependable and future-ready.' Prozo's clientele includes prominent digital-first and legacy brands such as The Minimalist, Neemans, Beardo, Bewakoof, Traya, Snitch, Powerlook, and Aramya, as well as institutions like PhonePe, McGraw-Hill, and Tata Consumer Brands. The company's proprietary Control Tower technology and flexible pay-per-use model empower brands to scale efficiently across B2B, B2C and D2C channels. Looking ahead, Prozo aims to expand its warehousing footprint by 4-5 times over the next five years. It also plans to deepen investments in its Control Tower platform to improve real-time visibility, predictive analytics and automation capabilities.

ServiceNow launch AI Control Tower to optimise AI investments and deliver seamless and responsible integration
ServiceNow launch AI Control Tower to optimise AI investments and deliver seamless and responsible integration

Tahawul Tech

time06-05-2025

  • Business
  • Tahawul Tech

ServiceNow launch AI Control Tower to optimise AI investments and deliver seamless and responsible integration

Knowledge 25: ServiceNow have launched their AI Control Tower, a centralised command centre designed to govern, manage, secure and realise value from any AI agent, model and workflow. The announcement was made during their annual customer partner event, Knowledge 25, which kicked off at The Venetian Hotel in Las Vegas earlier this morning. The AI Control Tower optimizes AI investments and ensures seamless, responsible integration into customers' enterprise strategies. In addition to AI Control Tower, ServiceNow also introduced AI Agent Fabric, a solution that delivers new levels of agent to-agent and multi-model communication and collaboration. ServiceNow partners, including Accenture, Adobe, Box, Cisco, Google Cloud, IBM, Jit, Microsoft, Moonhub, RADCOM, UKG, and Zoom are among those to be offering the first AI Agent Fabric integrations for seamless, wall to wall enterprise workflows across third-party agents. According to Gartner®, 'By 2028, enterprises using AI governance platforms will achieve 30% higher customer trust ratings and 25% better regulatory compliance scores than their competitors,' signalling an increased benefit to AI orchestration at the enterprise level. ServiceNow AI Control Tower is AI management at unprecedented scale – allowing customers to see all their AI agents in action, understand what they're working on, govern and track their impact, mitigate risk, keep them secure, and assign human managers to oversee their work. With the addition of AI Agent Fabric, organizations can seamlessly connect AI agents, orchestrators, and enterprise applications – built by ServiceNow or third-parties. 'As AI agents proliferate across enterprises, coordinating their work becomes as critical and complex as leading human employees, and companies need new tools to direct this new digital workforce,' said Amit Zavery, president, chief product officer, and chief operating officer at ServiceNow. 'With AI Control Tower, businesses can oversee AI workforces in the same way the human workforce is managed, ensuring each agent is aligned, coordinated, optimized, and delivering impact at scale. Only ServiceNow unites powerful workflows, industry-leading governance, and seamless orchestration with agentic AI excellence, enabling customers to scale AI and drive real, measurable outcomes.' Embedded across all workflows in the ServiceNow AI Platform, and building on the recently announced AI Agent Orchestrator, the AI Control Tower centralizes strategy, governance, performance, and management across the entire AI ecosystem while driving enterprise-grade compliance and accountability. With the AI Control Tower customers achieve: Enterprise-wide AI visibility: Monitor and manage every AI agent, model, and workflow— native or third-party—in one place, applying consistent policies across the enterprise. Embedded compliance and AI governance: Proactively manage risk, including security and privacy, and monitor compliance across the AI lifecycle with comprehensive, integrated governance, risk, and compliance (GRC) capabilities. End-to-end lifecycle management of agentic operations: From ideation to deployment to optimization, AI Control Tower enables contextual decision-making and helps enforce guardrails across the enterprise. Real-time reporting: Dynamic dashboards provide operational insight and validate AI performance against key business outcomes like productivity and revenue impact so AI agents can then take action on it. Improved alignment between AI and business strategy: AI Control Tower helps customers better match their AI initiatives with overall enterprise business and tech goals, making sure they deliver real value. With AI solutions and services expected to generate a global cumulative impact of $22.3 trillion by 2030, the volume of AI assets organizations must manage will be unprecedented,' said Ritu Jyoti, group vice president/general manager for Worldwide AI and Data Market Research and Advisory Services at IDC. 'The organizations that will see the greatest return on their AI investments will be those that utilize a centralized solution to govern, manage, and track their evolving agentic AI landscape, fostering trust and reinforcing the reliability and dependability of AI systems.' Expanding orchestration with AI Agent Fabric ServiceNow also debuted AI Agent Fabric, which acts as the communication backbone for entire AI ecosystems — enabling native collaboration between agentic systems. Unlike traditional AI solutions, AI Agent Fabric supports AI agent-to-AI agent, AI agent-to-tool, or even agentic system-to-agentic system, all using common protocols like Model Context Protocol (MCP) and Agent2Agent protocol (A2A). This allows both ServiceNow and third-party AI agents, tools, and systems to dynamically exchange information, coordinate tasks, and take action in real time. With AI Agent Fabric, ServiceNow's thousands of AI agents can work side-by-side with third-party agents to share context, coordinate actions, and drive outcomes, operating as part of a coordinated, intelligent system. Together with customers' own domain-specific agents created through ServiceNow AI Agent Studio, plus current and future AI Agent Fabric integrations from Accenture, Adobe, Box, Cisco, Google Cloud, IBM, Jit, Microsoft, Moonhub, RADCOM, UKG, and Zoom, organizations can unlock new levels of collaboration and enable AI systems to work together for AI-powered workflow optimization across a broad range of platforms and services. These new integrations expand on the ServiceNow Marketplace, where ServiceNow's industry leading partner ecosystem can contribute to the thousands of AI agents already available from ServiceNow by building their own on the ServiceNow AI Platform. AI Agent Fabric complements the recently announced ServiceNow Workflow Data Fabric, a breakthrough integrated data layer that allows customers to connect, understand, and act on structured, semi-structured, unstructured, and streaming data across the enterprise, inside and outside of ServiceNow. By offering both Workflow Data Fabric and AI Agent Fabric, ServiceNow further completes its vision of bringing AI, data, and workflows together for customers to help them supercharge their entire business with intelligently orchestrated agentic AI.

AD Ports Group's Noatum Logistics acquires 152 new long-haul trucks
AD Ports Group's Noatum Logistics acquires 152 new long-haul trucks

Zawya

time15-04-2025

  • Automotive
  • Zawya

AD Ports Group's Noatum Logistics acquires 152 new long-haul trucks

ABU DHABI - Noatum Logistics, an AD Ports Group company, announced today the acquisition of 152 long-haul transport trucks to enhance its freight forwarding operations in the Middle East. The fleet expansion comes in response to Noatum Logistics' robust growth trajectory and strategic focus on managing customers' supply chains across the region, while advancing its commitment to environmental sustainability. The advanced trucks will boost Noatum Logistics' regional transport capacity by 6,000 tonnes and grow its fleet from approximately 450 vehicles to over 600. While capable of handling containerised, reefer, and loose cargo, the vehicles will support customers across key industry sectors, including energy, polymers, food and FMCG, automotive, pharma and healthcare, and defence. Furthermore, by generating significant fuel efficiency gains and reductions in Nitrogen Oxide and particulate emissions via its Euro 5 diesel engines, the acquisition also aligns with the company's sustainability agenda, which includes achieving Carbon Neutral status by 2050. Samir Chaturvedi, CEO of Noatum Logistics, AD Ports Group, said, "At Noatum Logistics, the customer is at the centre of everything that we do. Expanding our regional fleet with more efficient and sustainable solutions is not just an investment in our operations—it's an investment in our customers. Beyond increasing capacity, our growing presence in the Middle East is also part of Noatum Logistics' growing network spanning 26 countries, allowing us to seamlessly manage regional supply chains while connecting customers across all major global markets and trade lanes." With the delivery expected to be completed by the end of Q2 2025, the new trucks will be integrated into Noatum Logistics' state-of-the-art Control Tower telematics system, a centralised platform that leverages GPS technology and onboard diagnostics, thereby allowing for monitoring of driver behaviour and management of vehicle movements in real-time.

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