FarEye Doubles Investment to Capture Global Markets

FarEye is a digital logistics platform to efficiently move goods. It empowers organizations with predictive visibility and operational intelligence to achieve on-time deliveries at a reduced cost using emerging technologies such as Artificial Intelligence, Machine Learning, IoT & Analytics.

FarEye has doubled its Investments to capture the global markets – with offices in silicon valley and UK, the company is planning to disrupt the segment.

With 3 new articulated product lines and leadership position of delivery in India with customers like Tata Steel, JK Lakshmi Cement, and Hilti, FarEye plans to capture the manufacturing industry in India and enable retailers, 3PLs globally with Delivery and fulfillment offerings.

Annually growing at an average 176 percent (3-year average, source: Deloitte), the company is actively developing tech around blockchain, and enhancing its ML & AI capabilities.

As a carrier-agnostic SaaS platform, it helps businesses become more responsive, customer-centric and profitable.

Interestingly, the global logistics startup has designed the world’s maiden BPM Engine for the modern-age logistics function, enabling thereby companies to become agile and reduce their go-to-market time.

FarEye executes more than 500 Mn shipments annually. Its clientele includes over 100 large organizations across 20 countries.

FarEye has developed a Machine learning algorithm to decode the Address Inconsistency issue

With a series of success cases attached to the badge such as the world's largest retailers like Walmart, Future Retail & Amway; logistics companies like DHL eCommerce and Blue Dart and eCommerce giants like Noon, FarEye embarks a different journey altogether.