L

Lynkit

www.lynkit.in link_icon

Company Research Report: Lynkit



Company Overview



Name


Lynkit Solutions Pvt. Ltd.

Mission


Digitally transforming the supply chain with IoT, Blockchain, AI, ML, and AR.

Founded


  • When: No information is available

  • By Whom: No information is available


Key People


  • Uddhav Kumar: Co-founder and CEO

  • Sadhika Kumar: Co-founder and COO

  • Manas Parganiha: CTO


Headquarters


  • 246, Block A, Okhla Industrial Area Phase I, New Delhi-110020, India

  • Unit 208, Level 1 Gate Avenue - South Zone, Dubai International Financial Centre, Dubai, UAE


Employees


  • Approximately 200 team members


Revenue


  • Revenue is in the ballpark of "a couple of million dollars"


Recognition


  • Known for being the most innovative company in India at KPMG's Global Tech Innovator Competition.


Areas of Excellence


  • Supply chain management solutions using IoT, Blockchain, AI, ML, and AR.

  • Leadership in providing asset tracking and security solutions for various moveable assets.


Products



Lynktrac®


  • Description: Asset tracking and security solution for cargo trucks, oil tankers, cargo trains, and containers.

  • Key Features:

  • GPS devices combined with vision and sensor-based IoT devices.

  • GPS locks, GPS trackers (fixed and portable), driver dashboard cameras, and sensors (fuel, light, proximity, and temperature).

  • Full integration with Lynkit.io for end-to-end automation.


Lynkit.io™


  • Description: A Blockchain-based platform for transport management.

  • Key Features:

  • Multi-party transactions for issuance and exchange of e-consignment notes, proof of deliveries, invoices, and billing.


Lynkgrid®


  • Description: Port automation system combining RFID and GNSS technology.

  • Key Features:

  • Real-time kinematics for centimeter-level accuracy.

  • 3D imaging for container yard management.


LynkID©


  • Description: Gate automation system.

  • Key Features:

  • Combines RFID-based asset identification with biometric-based security.


Lynkgrid®-Warehouse


  • Description: Warehouse automation system.

  • Key Features: No detailed information is available.


PikMyBox™


  • Description: Application for cross-border documentation for e-commerce exports.

  • Key Features:

  • Digital documentation for export processes.


Recent Developments



New Products and Features


  • RFID and GNSS based Terminal Automation System: Launched at Landmark CFS in Mundra.

  • PikMyBox: Collaboration with Vamaship for promoting e-commerce exports and integration with ICICI Bank for eBRC digitization.

  • Lynkit.io: Integration with IoT and Blockchain for enhanced supply chain digitalization.


Awards and Recognition


  • KPMG Global Tech Innovator India 2023: Lynkit won the competition and will represent India at Web Summit 2023.

  • National Start Up Awards 2022: Awards for exceptional contributions and innovation.

  • Times40under40: Awarded to Sadhika Kumar.

  • Forbes 30 Under 30: Recognized Uddhav Kumar for his innovative work in logistics.


Partnerships and Collaborations


  • BPCL "Pure for Sure": Utilizes Lynkit's AI-based route optimizer for LPG delivery.

  • Incheon Port Authority: Collaboration for developing a cargo tracking system.

  • BiTA Membership: Lynkit joined the Blockchain in Transport Alliance for industry-wide blockchain standards.

  • Vamaship: Partnership for e-commerce exports through India Post.

  • ICICI Bank: Collaboration for electronic bill regularization.


Market Expansion


  • Participation at Indian Warehousing Summit 2023: Focus on sustainability and integrated supply chain.

  • Dubai International Financial Centre: Established a presence to expand Lynkit’s operational footprint.


Corporate Social Responsibility


  • Hummara Truck: An initiative aiding truckers in job placement and resource management.


Summary



Lynkit continues to lead in supply chain digitalization, leveraging cutting-edge technologies to offer integrated solutions. Their growing list of recognitions and partnerships underscores their innovation and influence in the logistics sector. The company’s focus on technological advancement and market expansion promises continued growth and industry leadership.