Dec 22, 2022

Ezyhaul, a Singapore headquartered log-techstartup has raised US$16 Million in series B funding to expand to new marketsin South Asia and also drive further technological innovation to offer a complete plug and play model for its clients through its online platform. Founded in Singapore in April 2016, Ezyhaul is focused on improving efficiencies in the highly fragmented US$150 billion road freight industry in South Asia. The company uses advanced technology to efficiently connect businesses in need of transportation services with pre-qualified transporters in the highly fragmented road freight market in South Asia. Ezyhaul was founded in2016 by Mudasar Mohamed (COO), Raymond Gilllon (CEO) and Nicky Lum (Director Sales), three veterans from the logistics industry, aided by an interdisciplinary group of advisors and investors. Ezyhaul provides a range of online logistics services and technology solutions that offer medium sized and larger businesses, as well as logistics service providers a quick, efficient, reliable, and cost effective way to manage their domestic and cross-border transportation needs. In the past 12 monthsEzyhaul has grown more than 900% after successfully completing its US$5 millionseries A fundraise in 2018. Ezyhaul has since taken the time to reinforce its presence in SouthAsia, included expanding its operations in India and Thailand, and with alsointegrating a cross border solution that currently stretches from China toSingapore. COO and Co-Founder,Mudasar Mohamed states “Businesses spend a lot of money and time as a result ofunpredictable and unreliable freight movements. The Ezyhaul platforms empowersour clients with choice of carriers, scale and operational intelligence toachieve improved logistics performance and reduced costs.” Having a presence inIndia, Singapore, Malaysia and Thailand more than 50 million kg of freight wastransported via Ezyhaul’s platform in 2018 alone. Today, several companies arerelying on Ezyhaul such as Coca Cola, Reliance Industries, Exide Industries,HIL, DHL and DB Schenker. Ezyhaul’s platformallows clients to make easy online bookings for domestic and cross-bordertransportation services. Transportation companies use Ezyhaul’s app to acceptshipments, maximize their vehicle utilization and reduce empty backhauls.Ezyhaul is building a full ecosystem to support their transport partners withrunning their business and improve the quality of the lives of the drivers. The platform includesintegrated dynamic route optimization technology that builds the most efficientdelivery routes, optimizes vehicle utilization and minimizes totaltransportation costs. This improves the revenue derived per vehicle fortransporters, while reducing the costs of shipping for clients - creating awin-win environment in a traditionally combative environment. The platform alsoprovides real-time track and trace visibility and access to electronicdocumentation, invoicing and e-PODs (proof of delivery). The company has alsorecently launched a highly advanced control tower that monitors truckmovements, provides intelligent exception alerts and predicts estimated time ofarrival for shipments through advanced machine learning algorithms. Furthermore, clientshave access to online reporting and advanced analytics to get detailed insightin their logistics performance. Ezyhaul expects to further its leadership in the regional digitalfreight and logistics management space through the introduction of the nextgeneration of its advanced technology led platform later this year. Share this article: