Carpooling as a concept has started to gain momentum in India. The presence of multiple players like Zify, Ridingo, Letsride further reinforces that this concept has a long way to go.
Cubito was yet another player which started of with cab sharing. But with the presence of a number of players and complexities involved in adoption and management and being tech entrepreneurs led Pranay Agrawal and Yash Patodia, graduates from BITS Pilani and founders of Cubito, to pivot into the transport logistics automation segment nine months back.
Neocube Technology Solutions Private Limited which runs and operate Cubito has just raised INR 1 Cr. in seed funding from Sol Primero.
What it offers?
Transport logistics is an exciting space, but it comes with its own set of complexities and hence there in lies the need to bring in some automation and organization.
Bangalore-based Cubito pivoted away from providing shared cabs and is now a technology-based enabler and has created a proprietary solution for corporates to manage its employee transportation.
Its flagship product Employee Transportation Automation Tool (ETAT) compiles all employee information, geo-codes the data and allocates the fleet, avoiding unnecessary paperwork and reducing the time spent in enabling to a matter of seconds. Imagine having an Uber or Ola like backend to control and manage all employee transportation!