Traqo.io, a no-code third-party logistics management platform, raises funding

Traqo.io, a no-code third-party logistics management platform, has raised an undisclosed amount in a pre-seed funding round led by We Founder Circle (WFC).

The startup aims to streamline logistics operations for manufacturers by offering a fully integrated and scalable solution.

Its Software-as-a-Service (SaaS) model covers the entire freight lifecycle, from procurement and tracking to audit and settlement, eliminating manual processes such as spreadsheets, and significantly reducing inefficiencies.

Key features of the Traqo platform

The No-Code-Saas platform offers easy-to-customize, drag-and-drop modules for freight procurement, tracking, trip planning, SLA management, fund audit, and invoicing.

Traqo uses a combination of SIM-based tracking, GPS, and toll gate data to provide accurate, real-time monitoring.

Additionally, it includes an AI-driven trip planner and 3D load optimization features that help businesses reduce operational costs and improve efficiency. 

Traqo claims to be ten times faster and cheaper than existing market alternatives, making it an attractive solution for manufacturers seeking to optimize their logistics.

Who are the founders?

Founded by Mukesh Deogune, an alumnus of IIT BHU, along with a team of seasoned professionals from Microsoft, HSBC, and Reliance, Traqo aims to transform the logistics industry.

Mukesh Deogune, Founder of Traqo.io, said, "Traqo is enabling logistics stakeholders to manage their operations on a single, neutral platform, ensuring greater transparency, efficiency, and scalability. With the backing of We Founder Circle, we are set to expand our AI-driven features and empower businesses to gain full visibility and control over their logistics.

"Solving a real-world problem, Traqo's no-code platform has the potential to redefine how logistics is managed across sectors, offering businesses the ability to optimise every aspect of their freight lifecycle," said Neeraj Tyagi, Co-founder, We Founder Circle.

The startup will use the raised capital to scale its AI and technology teams and enhance its platform to meet the needs of manufacturers and e-commerce businesses alike.