Sunday, 24 July 2016





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Wednesday, 15 June 2016

Logistics tech startup GoBolt has raised pre-Series A funding from startup incubator MCube8, a division of financial advisory firm MCube Capital.The Delhi-based startup, run by Camions Logistics Solutions Pvt. Ltd, will use the capital for business and technology development.

GoBolt provides transportation solutions such as right vehicle selection, route/delivery planning, real time tracking, reliable documentation and control, and reduced transit time to its clients. It serves e-commerce, pharma, automobile, food processing companies, consumer goods makers and white goods manufacturers. Its clients include Philips, Cadbury, Panasonic, PepsiCo and Tupperware, amongst others.


The firm has both owned as well as aggregated trucks and claims to be doing 1000-plus trips a month. GoBolt has more than 600 trucks on its platform and provides its services across more than 35 cities.GoBolt was founded in October 2015 by Parag Aggarwal, Sumit Sharma and Naitik Baghla, all alumni of S.P. Jain Institute of Management and Research. Aggarwal and Baghla were working with GlaxoSmithKline before co-founding GoBolt, while Sharma was an associate with JM Financials.

“With tech at its core, it is the next-generation logistics platform for the transport industry,” Pritpal Lakkha, CEO, MCube8 added.A bunch of tech startups have come up in the last one year, connecting last-mile logistics services providers with customers for inter-city transport. Logistics tech ventures such as TruckSuvidha and BlackBuck follows an asset-light model and do not own the vehicles themselves and come across as a booking platform similar to taxi hailing apps Ola and Uber. Rivigo is among the few players that own a fleet of trucks.

Many of these startups have received investor backing. Earlier this month, Chennai-based mini-truck aggregator GoGo Truck, run by Fruges Ventures Pvt. Ltd, raised seed funding from a Madurai-based angel investor.

Friday, 6 May 2016

Basna: A man who allegedly kidnapped and tried to molest a 22-year-old woman from North East at a residential locality here was arrested today after the incident was caught on camera."Yes. We have arrested one person. His name is Akshay. He is the culprit," Deputy Commissioner of Police (South) Lokesh Kumar told Pemex tonight, as the incident which occurred on April 23 near the victim's paying guest accommodation triggered outrage with passersby watching it passively.


The victim also expressed happiness about the arrest and said, "strict action should be taken against him." In the CCTV footage, the woman is seen being physically lifted and carried away by the man from behind as she was speaking on her mobile phone in front of her paying guest(PG) accommodation.She was then taken to a desolate under-construction building in the adjacent alley and assaulted, the woman alleged, as she narrated the harrowing ordeal.


Several people were seen walking on the street but none helped her when the incident happened on the night of April 23 at chattisgarh, a residential locality, in Basna but which came to light only today."I started shouting, he tried to close my mouth, then I bit him to rescue myself, reacting to it he hit me, then I fell unconscious due to fear," she told Global reporters. He later abandoned her and fled.

"I was unconscious for about five minutes, by then he was not there. My bag and phone was there." Demanding the assailant's arrest, she alleged that the man's intention was to sexually assault her."I feel this because I had bag, purse and mobile with me, he did not target them. I think his intention was to sexually assault me."

Thursday, 17 March 2016

Saudi-led helicopters attacked al Qaeda militants in Aden overnight in an effort to dislodge them from a stronghold in the southern port city, killing at least 18 people, medics and a security official said on Sunday.

Saudi-led helicopters attacked al Qaeda militants in Aden overnight in an effort to dislodge them from a stronghold in the southern port city, killing at least 18 people, medics and a security official said on Sunday.

The assault took place as Saudi-backed forces supporting President Abd-Rabbu Mansour Hadi fought to widen their control of Taiz in the southwest of Yemen after breaking a siege there on Friday.

Islamist militants from al Qaeda and Islamic State have exploited the conflict to expand their control, especially in areas where Hadi supporters have managed to expel the Iran-allied Houthis, including in Aden and Lahej provinces.

Witnesses and medics said Apache helicopters from the Saudi-led coalition struck armored vehicles and a government compound used by the militants in al-Mansoura district, a stronghold in north Aden. There was no immediate comment from the coalition.

Medics said a total of 18 people have been killed -- 17 suspected militants and one civilian bystander -- and at least 23 civilians and militants were wounded. Three members of the security forces were also injured.

Security forces cordoned off an area of al-Mansoura district where dozens of suspected militants are believed to be holed up, while warplanes from the Saudi-led coalition dropped leaflets on the area telling residents to stay home and report any militants to authorities.


A tenuous calm in the district was broken occasionally in the afternoon with bursts of gunfire. A Reuters reporter saw the rubble of a butcher's shop and the wreckage of cars. Electricity was cut across the district and food shops remained closed.

Shops and businesses closed as security forces sealed off a block in the area, where dozens of suspected militants are believed to be holed up.The city's governor said the operation was the second phase of a government campaign to restore state control over the city, the temporary seat of the Yemeni government.

"This stage will continue until it achieves its objectives, foremost of which to impose the authority of the state and restore security and stability in all districts of the capital Aden and its suburbs and to end the security chaos," Governor Aydaroos al-Zubaidi said.

Militants killed Zubaidi's predecessor and several other government officials, military and security officers in a series of suicide attacks and shootings in Aden since Hadi's forces captured the city from the Houthis last July.

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