India Fleet Management Software Industry Overview
The Indian fleet management software market is highly competitive, with the presence of small local vendors, several pan-Indian players, and a few international telematics giants. The competitiveness in the market is driven majorly by the increasing level of technology integration in the solutions offered. Several players in the market are adopting advanced technologies such as IoT, Asset Tracking, and RFID, among others, to enhance the performance of their fleets. As domestic and international players integrate these technologies into their offerings, the competition is expected to grow during the forecast period.
In January 2023, Electric vehicle-as-a-service platform Zypp Electric launched an EV fleet management system called ZyppDash. The startup seeks to simplify the request process and fleet management via its new rider-tracking app. Zypp, backed by India's biggest online retailers, wants to roll out two thousand electric scooters in 20 Indian cities and is expanding its services. The firm has the backing of e-commerce players such as Zomato, Swiggy, Zepto, BlinkIt, BigBasket, Amazon, Flipkart, Myntra, Easy Pharm, JioMart, Delhivery, and Spencers.
In September 2022, Celcius Logistics, the cold-chain marketplace business with India's highest growth rate, launched its intelligent last-mile delivery platform, which targets and resolves the critical problems in India's vulnerable cold supply chains. To build a solid on-ground network of reefer cars that were integrated with the smart platform and made with a unique Inventory Management System, the brand also partnered with vehicle owners and automakers (IMS). In the following six months, Celcius wanted to roll out this platform to more tier-2 cities and towns after launching it in six metro areas.
In December 2022, Trucknetic launched the "EVolev" platform for electric trucks to upend the Indian truck industry's EV ecosystem and hasten its widespread adoption. Trucknetic has already resolved the return load issue to lower logistical costs and lessen the nation's carbon footprint. With the introduction of EVolev, however, the Delhi-based business aimed to eliminate obstacles to the widespread use of electric vehicles and integrate the entire EV ecosystem into one platform.
India Fleet Management Software Market Leaders
-
Trimble Inc. (Trimble Mobility Solutions India)
-
TATA Consultancy Services Limited
-
Mahindra Group (Mahindra Telematics)
-
Zoho Corporation (WebNMS)
-
fleetx Technologies Private Limited
- *Disclaimer: Major Players sorted in no particular order
