FreightCrate Technologies Pvt. Ltd. and Competitive Landscape

Overview

FreightCrate Technologies Pvt. Ltd. is a pioneering logistics technology company headquartered in Mumbai, Maharashtra. The company specializes in transforming the international freight industry by serving as a full-stack digital freight forwarder. FreightCrate offers a comprehensive platform that enables exporters and importers to manage their shipments efficiently. By providing all-inclusive freight rates and facilitating instant bookings, FreightCrate enhances visibility and transparency in pricing and order management.

Founders and Leadership

FreightCrate was co-founded by Samir Lambay and Ruchi Dogra. Samir Lambay, who serves as the CEO, has a notable academic background from Cass Business School and has participated in the Cornell MAHA60 program. Both founders bring a wealth of experience from leading global logistics and supply chain companies, covering areas such as strategy, sales, and customer service. Their leadership is instrumental in positioning FreightCrate to optimize freight rate procurement and booking processes for businesses worldwide.

Services and Offerings

FreightCrate's offerings include:

Door-to-door, air, and sea freight quotes to over 130 countries.

Standardized, all-inclusive quotes ensuring ease and transparency.

Advanced shipment management and analytics tools accessible online.

Dedicated customer service support to facilitate smooth logistics operations.

Company Details

Headquarters: Rehem Mansion No 2, 1st Floor, 44 S B Road, Colaba, Mumbai, Maharashtra 400001, India.

Industry: Transportation, Logistics, Supply Chain, and Storage.

Size: 11-50 employees.

Founded: 2016.

Website: [freightcrate.in](http://www.freightcrate.in)

Funding and Financials

FreightCrate has secured a total of $394,000 over three funding rounds. This financial backing supports the company's continued innovation and expansion within the logistics technology landscape.

Key Competitors of FreightCrate

1. Xeneta

Business Focus: Ocean and air freight rate benchmarking and market analytics.

Headquarters: Oslo, Norway, with operations in New York and Hamburg.

Employee Count: 201-500.

Key Features: Platform with 500 million real-time ocean and air freight rates and advanced procurement analytics.

Strategic Strengths: Large dataset covering over 160,000 global trade routes and ISO 27001:2022 certified security standards.

2. Cargofive

Business Focus: Digital solutions to digitize rate procurement, management, and quotation processes for freight forwarders.

Headquarters: Lisbon, Portugal.

Employee Count: 11-50.

Notable Achievements: Secured €2.5 million in funding in 2024.

Strategic Strengths: Extensive integration capabilities with major ERP and TMS systems to streamline freight rate management.

3. WebCargo by Freightos

Business Focus: Real-time air cargo capacity, pricing, and eBooking services.

Headquarters: Barcelona, Spain.

Employee Count: 51-200.

Related Achievements: Digitalizing 74% of air capacity while connecting 10,000 freight forwarding offices across 90+ countries.

Strategic Strengths: Advanced digital solutions for seamless bookings and operations, enhancing the logistics efficiency of providers and carriers.

Sector Dynamics and Strategic Insights

The logistics and freight sector is characterized by substantial competition, particularly in air and ocean freight rate benchmarking. FreightCrate's competitive positioning must consider technological advancements like Xeneta's analytics and security standards, Cargofive's digitalization framework, and WebCargo's integration capabilities. Enhanced digital platforms aimed at simplifying complex freight operations, boosting efficiency, and reducing costs are central to gaining and maintaining a competitive edge. Developing strategic partnerships and embracing new technological developments will be crucial for staying competitive in this rapidly evolving market landscape.