Global shipping is still a paper-driven industry with few interventions from cloud-based software tools. Businesses, freight forwarders, and shippers still connect with phones or emails and have no way of reconciling rates. Imagine how an Oyo Rooms for the shipping industry could change the way logistics rates are discovered.
This is what Biplob Barik and Ricky Goyal envisaged, and they created Boxnbiz, a two-year-old startup that has enabled the logistics ecosystem on the shipping side to discover original and dynamic pricing.
Biplob, 27, and Ricky, 26, met during their graduation in 2009 and became good friends while they were preparing for their post-graduate exams. They joined a master’s programme in business administration in Pune.
“At the time we always used to discuss about startups, but the real twist came when we came to Bengaluru to join work in 2011,” Biplob says.
Biplob was picked up by Allcargo Logistics, one of the largest less than container load consolidators in the world, while Ricky was placed in Oracle Financial Services.