Mrinal Rai, Co-founder of Intugine - Logistics through Innovation, is solving logistics supply challenges through the use of IoT (Internet of Things).

Last Saturday, I had the opportunity to meet Mrinal Rai at Draper Startup House during a startup event.

He shared his incredible journey with Intugine and offered valuable insights into the evolving logistics supply chain in India, particularly how IoT is revolutionizing the industry.

So, what exactly is IoT, and how is it solving the challenges in supply chain management?

Let’s imagine you're sending vaccine supplies, either domestically or internationally.

It's essential to maintain the optimal temperature (below 10°C). With IoT, you can access real-time data about the vaccine’s condition and delivery process, ensuring your supply stays within the required temperature range and reaches its destination safely.

This level of visibility and control is what makes IoT a game-changer in logistics.

IoT plays a pivotal role in logistics solutions by providing real-time visibility, data accuracy, and automation across the supply chain like:

✅ Real-Time Tracking
✅Enhanced Visibility Across Modalities
✅e-POD (Electronic Proof of Delivery)
✅Yard Management
✅Smart Locks for Security
✅Operational Efficiency
✅Data Integration with ULIP
✅Reducing Costs and TAT

Intugine’s Overall Business Strategy and Funding Status:

✅Problem Solving: Intugine addresses logistics inefficiencies by providing IoT-powered, real-time supply chain visibility.

✅Target Audience: Manufacturers, shippers, retailers, and quick-commerce companies in need of comprehensive logistics solutions.

✅Unique Value: Multimodal tracking on a single platform, enhanced by ULIP integration and IoT expertise.

✅Product-Market Fit: Proven by partnerships with 75+ global enterprises solving key logistics pain points.

✅Go-to-Market Strategy: Growth driven by enterprise partnerships, ULIP (Unified Logistics Interface Platform)  integration, and scalable SaaS offerings.

✅Revenue Model: Subscription-based SaaS model with additional opportunities in analytics and consulting.

✅Funding Status: According to Inc42, Intugine has raised $2.3 million (INR 19 Cr) in a Pre-Series A funding round led by Mela Ventures.

Achievements: According to Inc42, last year, Intugine claims to have tracked more than 10 million shipments from over 75 customers globally across various sectors, including Flipkart, swiggy Instamart, Mahindra Logistics, GE Healthcare, Titan, Diageo, Ultratech Cement, Bridgestone and Britannia

I had a great learning experience from both the founders Mrinal Rai and Mohit Sharma

I would like to thanks eChai Ventures, Draper Startup House and Tanya Mary for a great event . 

It was an insightful and inspiring experience!