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Sagisu bags the prestigious GlobalTiE50 Award at TiEcon 2019

Now celebrating its tenth year, TiE50 Awards provides a one-of-a-kind showcase for the world’s top technology and technology-enabled startups. Since its inception, 84 percent of TiE50 winners and top startups have been funded at a total of over $1 billion. Many of these companies went on to acquisition or IPO with 29 of the exits at over $100 million
Bangalore | Written by: BNN Team | Updated: 14-05-2019 | Views: 422
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Sagisu a new age intracity logistics partner which is disrupting the transportation eco-system, recently bagged the sought-after TiE50 Award. Now in its tenth year, the award institutionalised by TiEcon is the world’s largest conference for tech entrepreneurs. 

Through its proprietary Smart Hub and state-of-the-art technology, Sagisu is changing the fragmented Logistics Market by deploying technology, achieving efficiency, better volumes at lower costs to deliver state-of-the-art intracity transportation experience to customers. 

Mithun Kadur, the Founder of Sagisu said, “We are the next generation urban freight service provider, specialising in intracity movements and catering to enterprise customers in their logistics needs. The award reciprocates the same value and vision we cherish the most – to fulfill the aspirations. Such appreciation from the industry boost our efforts and fuels us to work even harder for achieving our mission”. 

The company known for its unique business and service model, with its offices in Bengaluru, Chennai and Hyderabad started its expansion plans for the entire South India by setting-up its operational offices in the two most important business hubs in the region. It’s a giant leap from the promising start-up which sets to increase its trucker’s fleet to 1000+ in the next 6months servicing 25+ clients in each city. 

The initial area of service is aggregation business with primary focus on Ecommerce, Retail, Pharma, Logistics, Dairy & Farm Fresh, Real Estate and CPG sectors. Sagisu has hired initial employee strength of 15+ people in each of the two cities.  Both the regional offices are being led by General Managers with their past experiences from Paytm, Ola and the likes, supported by Supply Operation Managers, Territory Business Managers and the frontline Supply Executives. 

“For over 27 years as a not-for-profit organization dedicated to fostering entrepreneurship and with a global footprint of half million entrepreneurs, enterprise executives, and investment professionals, at TiE Silicon Valley we take pride in the fact that we have created TiE50, a strong 10-year-old brand for recognising high potential startups,” said B.J. Arun, President, TiE Silicon Valley. 


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