October 25, 2020

ZUUM Transportation Inc. – How $12.58 Million in Seed Funding Accelerates Digital Transformation in a $1.6 Trillion Industry During a Global Pandemic

IRVINE, Calif. – October 13, 2020 – ( Newswire.com )

​​​​​The challenge COVID-19 is posing to global supply chains is unprecedented, drastically impacting demand, supply, manufacturing and transportation simultaneously. These sudden changes and resulting daily freight cost fluctuations force companies to evolve. Can new logistics technology, like ZUUM’s Logistics Super Platform, funded through venture investments, help businesses survive? Will the pandemic usher in the next efficiency revolution in logistics? ​

“COVID-19 has interrupted global supply chains, leaving businesses scrambling for new ways to keep operations running. During this unprecedented crisis, finding innovative ways to help communities and businesses is more important than ever. Our recent funding is enabling ZUUM to focus on bringing new, more efficient real-time solutions to the logistics and transportation industry,” says ZUUM Transportation COO and co-founder Matt Tabatabai.

Transportation and logistics perform some of the most vital services in the industrial world. Logistics account for approximately

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Etrio to launch in-house-developed electric three-wheeler and bicycle: Gets Rs 22cr funding

E-Trio has got more than 500 bookings for the Touro brand of commercial three-wheelers ahead of launch. The launch is scheduled for October 2020.

Image used for representation

E-Trio is a Hyderabad start-up that specialises in converting conventional-fueled vehicles to electric. The brand has received approval from the ARAI for fitting these kits. These converted vehicles include a Maruti Suzuki WagonR, Dzire, Alto and so on. There are multiple load carriers also involved. Now, E-Trio has received a fresh series of funding. The funding is in excess of Rs 22 crore and has been invested by Janardhan Rao, founder of Triumph Global Group. The group is based out of Singapore. This specific investment will be used to further E-Trio’s new bicycle and three-wheeler brands. Yes, E-Trio is working on an all-new electric three-wheeler called Touro. The launch is scheduled for next month. There are going to be two variants –

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