Indian Oil Corp , the nation^s largest fuel retailer, said it has tied up with trucking and logistics start up Fortigo, which will help it address issues related to ferrying of its fuel by small truck owners. Fortigo is funded by various venture capitalists including Nandan Nilenkani. Fortigo will “provide technology-based solutions to truck owners for managing their inventories and planning their operations and journeys effectively to save time and reduce transportation costs”, IOC said in a statement.

http://www.moneycontrol.com/news/business/ioc-ties-upfortigo-for-logistics_4930781.html

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *