FarEye introduces Innovation Nexus, aiding startups with funding and mentorship from global logistics experts.
FarEye, a last-mile technology platform, announced the launch of Innovation Nexus, aimed at supporting logistics startups. The initiative offers funding opportunities and mentorship from industry experts to promising startups. CEO Kushal Nahata highlighted the vast opportunities for startups in the national logistics policy.
He emphasised the pivotal role of startups in reducing logistics costs and stated that Innovation Nexus will be instrumental in supporting early-stage startups through mentoring and fundraising.
The unveiling took place at Greater Noida during ‘The Last Mile Leaders Event’, held on April 19, in collaboration with Microsoft. The initiative seeks to create a direct platform for startups to engage with industry leaders, fostering connections and innovation within the logistics sector.