ANI PR Wire
15 Sep 2022, 13:00 GMT+10
New Delhi [India], September 15 (ANI/ATK): Mumbai based SaaS Startup, Quifers rebranded itself into 'Qbit', reflecting its vision of combining all the complex decision making processes 'bit-by-bit' in the supply chain, so that the customers can focus on what's important: delighting their customers.
Qbit(formerly Quifers) is a technology enabler in the Logistics industry. It provides a platform to companies for optimising their entire supply chain lifecycle with features like Dispatch Planning, Truck and Route Optimisation, Indenting, Tracking, Control Tower and EPOD. It claims to have helped companies save USD 50M in Logistics and Supply chain costs.
Starting today, Quifers has a revamped brand identity with a new logo. It symbolizes a commitment to renewability and focus. The new branding identity is just the beginning of the company's mission to provide customers with a better experience.
The company announced its expansion to South East Asian and Middle East countries in a blog post. "We have learned a lot as Quifers, and all our learning, team, and infrastructure will be used to build the future of Qbit. Today, we are surging ahead as a new company with a new mission statement - 'simplifying complex decision making in the supply chain'" the company said.
Sitics Logistic Solutions acquired a majority stake in Qbit (formerly Quifers) last year with the goal of using its operational efficiency to complement Qbit's Technology stack and create a one stop solution for all supply chain needs. It had also acquired cold chain and distribution start-up Udgam Logistics which works in USD 25B cold chain market.
Sitics Group's founder and chairman, AM Sikander, said that the company's vision is "to cover the whole spectrum of Logistics." He went on to say that they're "among the few people in India who have integrated Operations with Technology in this domain."
The group said that it is currently serving around 100+ customers and has clients like Britannia, Vijay Sales, Dabur, ITC, Somany Hindware, Pidilite, Devyani Foods among others.
"When we started out in 2017, our vision was entirely on solving critical supply chain problems," said Naveen Merudi, Cofounder and CRO of Qbit. "Now that we're expanding outside India, I believe it's the correct time to rebrand."
This story has been provided by ATK. ANI will not be responsible in any way for the content in this article. (ANI/ATK)
Get a daily dose of Nepal National news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nepal National.
More InformationWASHINGTON, D.C.: The U.S. government has granted GE Aerospace permission to resume jet engine shipments to China's COMAC, a person...
DUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...
MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
Mismanagement escalated the risk of water rationing amid rising demand and supply shortages, a minister has said The UK has been...
Rio de Janeiro [Brazil], July 7 (ANI): Prime Minister Narendra Modi, along with other BRICS leaders, partners and outreach invitees,...
Colombo [Sri Lanka], July 7 (ANI): Former captain Dasun Shanaka earned a recall to Sri Lanka's T20I fold after being named in the 17-player...
Guwahati (Assam) [India], July 7 (ANI): The Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, emphasised exploring...
New Delhi [India], July 7 (ANI): Delhi Environment Minister Manjinder Singh Sirsa on Monday again took the 'Sheesh Mahal' jibe at AAP...