
Published on: Thursday, Thu, 05 May 2022 ● 2 Min Read
LocoNavs Fleet Management and Video Telematics Solutions enabled Logistics company Medallion Translinks to save INR 7.25 crores+ in One Year
Delhi, May 04, 2022: LocoNav, a full-stack fleet software company today announced that it helped Medallion Translinks, an Indian logistics company save more than INR 7.25 crore in a year by deploying its fleet management and video safety solutions for its fleet of 170 vehicles. Working closely with LocoNav, Medallion Translinks got a better understanding of fleet management and it has now been able to diversify its portfolio and grow into a complete logistics business from being a traditional FMCG company.
Medallion Translinks provides transportation services to global Consumer Packaged Goods (CPG) and automotive companies. It started as an in-house fleet for its own CPG business with trucks and motorcycles carrying the finished products to micro-retailers in the interiors of India. It went on to adopt LocoNav's solutions to address challenges including pilferage of cargo and fuel, misuse of vehicles, and delay in delivery.
Pranjal Tulsiyan, Founder, Medallion Translinks, said, "Using LocoNav's solutions gave us the confidence to diversify into a full-blown logistics business from being a traditional FMCG company. We have not only been able to reduce our costs significantly but also improve our fleet, driver, and cargo safety by using solutions such as e-locks and video dashcams. The solutions have enabled us to maintain a check on our drivers and prevent misuse of vehicles."
Co-Founders - Shridhar Gupta and Vidit Jain, said, "Digitalization in fleet management is proven to drive positive impact on the bottom line and the overall ecosystem. The time is now for businesses to understand and implement fleet tech for a lasting impact in the future as well. Medallion Translinks' success story is a testament to the opportunities fleet tech can unlock for businesses across industries and we are thrilled to be a part of this transformative journey."