Latest news with #SarthakElwadhi
Time of India
04-07-2025
- Automotive
- Time of India
TrucksUp launches safety 360 service for secure digital onboarding
TrucksUp , a logistics aggregator platform, on Friday announced the official launch of Safety 360 , an innovative and comprehensive verification service to redefine security and trust within the nation's rapidly digitising trucking ecosystem. Safety 360 introduces a new standard in secure digital onboarding by enabling users to seamlessly match names on Vehicle Registration Certificates (RC) with linked Bank and Permanent Account Number (PAN) details. This creates a unified, tamper-proof verification framework designed to foster greater trust and transparency in logistics transactions . "Safety 360 is more than just a tool; it's a promise of integrity. In an industry vulnerable to fraud, we are empowering users with a secure, transparent, and flexible way to verify critical credentials. This solution helps our customers save time, reduce risks, and make informed decisions with confidence. This launch reaffirms our commitment to transforming how logistics businesses build trust and stay compliant in a rapidly evolving digital ecosystem," said Sarthak Elwadhi, Founder & CEO of TrucksUp. Features and service The service provides a secure and streamlined process for validating critical documents, empowering users with the flexibility to verify RC names against either Bank or PAN details, or both, based on their specific needs. This ensures unparalleled precision and accuracy in verification. A key differentiator for Safety 360 lies in its integrated and seamless verification process. The system mandates initial Vehicle Verification, which is then followed by the verification of Bank credentials and PAN information. This integrated, plan-independent solution simplifies the user experience, making secure authentication both effortless and highly reliable. Furthermore, Safety 360 incorporates a 'mismatch justification' feature, allowing users to transparently explain any discrepancies, thereby promoting greater accountability across the network. Crucially, user privacy remains a paramount concern throughout the Safety 360 experience.
Time of India
30-06-2025
- Automotive
- Time of India
Outside metro cities, Green Logistics struggles to gain momentum
Last-mile deliveries now contribute up to 40 per cent of city transport emissions—a twin burden on both business margins and urban air quality. As pressure mounts from regulators, investors, and consumers, India's logistics sector is being forced to rethink how goods move through its cities. In response, metro hubs like Delhi, Mumbai, Hyderabad, and Bengaluru are becoming live testbeds for green logistics —where cleaner fuels, denser delivery networks, and return-to-base routes make sustainable solutions both feasible and impactful. At the heart of this shift is the growing adoption of Compressed Natural Gas (CNG) and Electric Vehicles (EVs) for last-mile operations One workaround gaining traction is a two-tier logistics model , already operational in Delhi. It involves using diesel trucks for long-haul transport to the city outskirts, followed by green vehicles for the last-mile leg. "You often see large trucks stopping at the outskirts, and then goods are transferred to smaller CNG vehicles or even Boleros for the final leg into the city. This kind of last-mile movement works well because it fits into a return-to-base model. This two-tier logistics model ensures operational efficiency while also reducing emissions within city limits," says Sarthak Elwadhi, founder of TrucksUp. That model is already scaling within urban networks—where both infrastructure and emission goals converge. As per Grant Thornton's findings, last-mile delivery is a natural starting point for decarbonisation with electrification expected to power 30 per cent of all last-mile deliveries by 2030. It's a trend Prediman Koul, CEO of Jeena & Company is already seeing firsthand, "Our partnership with Tata Motors to convert our last-mile delivery fleet to electric vehicles has been successful in cities like Hyderabad, Bengaluru, Mumbai, Delhi, and Ahmedabad. We have successfully converted 25 per cent of our last-mile delivery fleet to EVs.' City models don't scale—Yet While green logistics solutions are proving effective in urban centres, scaling these models nationwide presents a significant logistical and financial puzzle as its adoption faces high initial cost. "When it comes to longer hauls, CNG and EVs haven't gained the same traction," explains Elwadhi. "When we talk about transitioning to a green fleet—whether that's EVs or LNG vehicles—the initial investment is significantly higher compared to conventional diesel trucks.' As per the Grant Thornton's Freight Forward report, only about one-third of India's heavy-duty truck fleet is expected to shift to LNG over the next 5–7 years. The lack of charging and LNG refueling stations on highways remains another major deterrent. Even for companies committed to sustainability, the shift is slow and cautious. "It is always tough to move from the status quo, especially for businesses and large supply-chain-led operations like ours. A simple change can shake up the ecosystem; however, we are conscious that we are preparing for our future today," says Koul. Intent needs to match pragmatism However, investor appetite for sustainable logistics is rising sharply—private equity investments jumped 300 per cent in Q2 2025, especially into urban, EV-led models. Yet, this financial momentum hasn't been matched by policy or infrastructure support. To take green logistics beyond city limits, the sector needs more than intent. Expanded green financing, targeted subsidies, and infrastructure investments—especially for charging and refueling along long-haul routes—will be crucial. So will regulatory nudges, like mandating green freight quotas for large manufacturers or offering incentives such as priority access for low-emission vehicles. As Elwadhi notes, 'Unless there are clear business advantages, it's tough to make that change.' Collaboration across the ecosystem—from shippers and fleet owners to digital platforms and policymakers—is essential to make sustainability economically viable.
Time of India
28-06-2025
- Automotive
- Time of India
World Logistics Day: Outside metro cities, green logistics struggles to gain speed, ET Infra
Advt Advt City models don't scale—Yet Intent needs to match pragmatism By , ETInfra Last-mile deliveries now contribute up to 40 per cent of city transport emissions—a twin burden on both business margins and urban air quality. As pressure mounts from regulators, investors, and consumers, India's logistics sector is being forced to rethink how goods move through its response, metro hubs like Delhi, Mumbai, Hyderabad, and Bengaluru are becoming live testbeds for green logistics —where cleaner fuels, denser delivery networks, and return-to-base routes make sustainable solutions both feasible and the heart of this shift is the growing adoption of Compressed Natural Gas (CNG) and Electric Vehicles (EVs) for last-mile operationsOne workaround gaining traction is a two-tier logistics model , already operational in Delhi. It involves using diesel trucks for long-haul transport to the city outskirts, followed by green vehicles for the last-mile leg."You often see large trucks stopping at the outskirts, and then goods are transferred to smaller CNG vehicles or even Boleros for the final leg into the city. This kind of last-mile movement works well because it fits into a return-to-base model. This two-tier logistics model ensures operational efficiency while also reducing emissions within city limits," says Sarthak Elwadhi, founder of model is already scaling within urban networks—where both infrastructure and emission goals converge. As per Grant Thornton's findings, last-mile delivery is a natural starting point for decarbonisation with electrification expected to power 30 per cent of all last-mile deliveries by a trend Prediman Koul, CEO of Jeena & Company is already seeing firsthand, "Our partnership with Tata Motors to convert our last-mile delivery fleet to electric vehicles has been successful in cities like Hyderabad, Bengaluru, Mumbai, Delhi, and Ahmedabad. We have successfully converted 25 per cent of our last-mile delivery fleet to EVs.'While green logistics solutions are proving effective in urban centres, scaling these models nationwide presents a significant logistical and financial puzzle as its adoption faces high initial cost."When it comes to longer hauls, CNG and EVs haven't gained the same traction," explains Elwadhi. "When we talk about transitioning to a green fleet—whether that's EVs or LNG vehicles—the initial investment is significantly higher compared to conventional diesel trucks.'As per the Grant Thornton's Freight Forward report, only about one-third of India's heavy-duty truck fleet is expected to shift to LNG over the next 5–7 years. The lack of charging and LNG refueling stations on highways remains another major for companies committed to sustainability, the shift is slow and cautious. "It is always tough to move from the status quo, especially for businesses and large supply-chain-led operations like ours. A simple change can shake up the ecosystem; however, we are conscious that we are preparing for our future today," says investor appetite for sustainable logistics is rising sharply—private equity investments jumped 300 per cent in Q2 2025, especially into urban, EV-led models. Yet, this financial momentum hasn't been matched by policy or infrastructure take green logistics beyond city limits, the sector needs more than green financing, targeted subsidies, and infrastructure investments—especially for charging and refueling along long-haul routes—will be crucial. So will regulatory nudges, like mandating green freight quotas for large manufacturers or offering incentives such as priority access for low-emission Elwadhi notes, 'Unless there are clear business advantages, it's tough to make that change.'Collaboration across the ecosystem—from shippers and fleet owners to digital platforms and policymakers—is essential to make sustainability economically viable.
Time of India
27-05-2025
- Business
- Time of India
TrucksUp partners with Shriram Finance
Gurgaon-based full truckload aggregator TrucksUp has announced a joint venture with Shriram Finance Ltd to offer financial products to transporters, fleet owners, and logistics companies. Sarthak Elwadhi, co-founder of TrucksUp, said the partnership aims to improve financial access in the logistics sector. 'By offering financing options tailored to transporters and fleet owners, we aim to support growth and sustainability for logistics businesses across India,' he said. Nilesh S Odedara, joint managing director of Shriram Finance, said the company sees logistics as a key contributor to India's economic activity. 'We are pleased to collaborate with TrucksUp and look forward to supporting logistics operators with the financial tools they need. The services will be extended to Tier 2 and Tier 3 cities as well,' he said. Wahid Raza, business head – VAS at TrucksUp, said the alliance will help transporters and fleet operators access funding more easily. 'This collaboration helps provide capital access across the logistics ecosystem,' he said.
