
Onmove (Zast Logisolutions )
A truck aggregation platform fueled with cutting-edge technology.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor | €0.0 | round | |
* | N/A | Debt | |
Total Funding | 000k |
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Zast Logisolutions Private Limited, operating under the brand name Onmove, is a technology-enabled truck aggregation platform targeting the full truckload (FTL) market in India. The company was established to address the inefficiencies within India's highly fragmented trucking sector. Onmove was founded in 2016 by Praveen Jain and Pervinder Singh Chawla, with its legal entity, Zast Logisolutions, being incorporated in December 2015.
Praveen Jain's background includes advising private equity firms on investments in major Indian logistics companies, while Pervinder Chawla previously managed a significant sales book for GATI's North India operations. Their combined experience underpins the company's strategy. The firm operates an asset-light model, building a network that connects customers, fleet owners, and drivers through a proprietary technology platform. This platform serves as an assisted marketplace for high-speed, long-distance trucking services. The business model focuses on providing reliable, on-demand, one-way vehicle placements, which helps clients manage their logistics costs efficiently while ensuring service level agreements are met.
Onmove's client base spans various sectors including e-commerce, courier services, pharmaceuticals, retail, automotive, and FMCG. The acquisition of Transin Logistics in 2022 expanded its footprint into Southern India and the port logistics ecosystem, serving clients like Aditya Birla, ITC, and Adani. The company generates revenue by facilitating thousands of trips monthly through its network of aggregated fleets. Its platform offers digital load matching, real-time vehicle tracking, digital payments, and performance monitoring. For customers, this translates to a seamless booking and tracking experience with transparent billing. For fleet owners and drivers, the platform aims to increase asset utilization, provide better earnings through efficient back-haul load matching, and ensure faster payment cycles.
Keywords: truck aggregation, full truckload (FTL), logistics technology, freight marketplace, supply chain management, road transport, fleet management, digital freight, logistics services India, long-haul trucking, asset-light logistics, real-time tracking, digital payments, load matching, transportation management, port logistics, e-commerce logistics, pharma logistics, retail supply chain, automotive logistics
Investments by Onmove (Zast Logisolutions )
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