ANI PR Wire
15 Sep 2022, 17:30 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 InformationTOKYO, Japan: This week, Toshiba revealed that a tender offer worth US$14 billion from Japan Industrial Partners (JIP) was a ...
HANOI, Vietnam: While the European Union (EU) is set to impose tariffs on its Chinese rivals, Vietnamese electric vehicle (EV) ...
BEIJING, China: In a country where weddings are traditionally grand and expensive events, China's wedding industry, estimated at some US$500 ...
PARIS, France: Amid the imminent launch of the iPhone 15, unions representing Apple store workers in France have called for ...
SEATTLE, Washington: To expand its next-day delivery services for shoppers, Amazon said it plans to hire 250,000 more U.S. workers ...
NEW YORK, New York - U.S. stocks weakened on Friday as U.S. Treasury yields continued to point higher while some ...
KATHMANDU, Nepal - Meteorologists announced that Nepal experienced below-average rainfall during the current monsoon, which is expected to last about ...
NEW YORK, USA - After addressing the United Nations on Friday, Pakistani caretaker Prime Minister Anwaar-ul-Haq spoke at a press ...
BATAM, Indonesia: Due to mounting geopolitical tensions and protests against China's activities in the South China Sea, ASEAN member nations ...
WASHINGTON DC, USA - The U.S. Department of State announced that it is taking steps to impose visa restrictions on ...
JAKARTA, Indonesia: An Indonesian court sentenced Lina Lutfiawati, also known as Lina Mukherjee, to two years in prison this week ...
NAYPYIDAW, Myanmar - Following recent investigations that have shaken the military and the country's business sector, Myanmar's junta chief, Gen ...