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After graduating as a Mechanical Engineer, Arham
            joined  his  family  business  involved  in  trading  in   WHAT IS THE
            2018. And that’s where the foundation of Trucknetic
            was laid. A social entrepreneur turned investment      COMPANY’S
            banker,  Arham  has  been  selected  for  prestigious
            fellowships  such  as  Indo-German  YLF,  Indo-Swiss   CURRENT OUTREACH
            FLF, IDEX Global, World Merit, ALS (University of
            Chicago). Furthermore, he has done the Entrepre-       ACROSS THE
            neurship program- leading change through innova-
            tion from Stanford University. An active member of     DOMESTIC MARKET?
            Young Indian (CII) and TIE Delhi, Arham also chairs
            as the Managing Director of Apeejay Overseas.

            Here,  we share his story; how Trucknetic is chal-     We have posted a turnover
            lenging the status quo in the logistics industry; and
            the roadmap towards the future.                        of ~USD 2.2 Mn since Dec’19

            HI ARHAM, COULD YOU PLEASE GIVE US A SUMMARY           with ~USD 150,000 being the
            OF WHAT HAS BEEN YOUR JOURNEY IN ENTREPRE-
            NEURSHIP WITH TRUCKNETIC?                              monthly recurring revenue.
            I come from a business family where my father is
            the first generation entrepreneur who has set up       We have been associated with
            a  trading  business  35  years ago. He  started  with
            chemicals then moved to different fuels and then       more than 150 odd carriers
            other  commodities.  Trucking  is  an  integrated
            service in trading.                                    (fleet owners and transporters)
                                                                   and more than 40 shippers
            I joined the family business in early 2018 and soon
            encountered  a  lot of  challenges  around  trucking   (corporates, small-medium
            where we were working  on a model  of  using
            our trucks and outsourcing it from the market.         enterprises and traders). We
            Following a conversation with my dad and his team,
            we unearthed other  problems  as  well. Further, I     have done close to ~1500 trips
            discussed  the  burgeoning  challenges  with  other    to date with 11, 82,000 km of
            stakeholders involved around trucking such as fleet
            owners, transporters, brokers, shippers, end-cus-      movement and transported
            tomers etc.
                                                                   60,000 MT of different
            Also,  on  the  personal  front,  being  in  the  trading
            industry, we faced issues related to road transpor-    commodities.
            tation. For carriers (fleet owners) the single most
            challenge that they wanted to get rid of was the
            unavailability of return-load (backhaul) and for ship-  Moving ahead, we have
            pers, it was the unavailability of trucks for a partic-
            ular lane at a particular time.                        cumulated a verified database

            That’s  how  I  conceptualized  Trucknetic.  Today     of 50,000+ fleet owners which
            we are addressing both of these challenges while       we will be registering on our
            reducing  the  carbon  footprint  and  bringing  down
            the cost of logistics.                                 application by the end of the

            Today, we enjoy domain expertise not only among        year. We also have a potential
            carriers or shippers but also among other stake-
            holders  involved in the supply chain as well. I can   monthly order book of the north
            conclude that we have so far donned all the hats       of 50,000 MT, which we will be
            in our family business, as and when required. Our
            personal experience being both carriers and ship-      able to achieve from Mar’22.
            pers has shaped the journey of Trucknetic very well.




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