'Soonicorns': Rivigo on the road to emerge a unicorn in logistics space

Rivigo, backed by investors like Warburg Pincus and SAIF Partners, has about 8,000 truck drivers

Deepak Garg, a former McKinsey executive, found multiple gaps in the Indian logistics space: It was devoid of technology, delay in delivery was the norm, and, most importantly, the working conditions of truck drivers were deplorable.

“I went to a lot of truck mandis, met drivers, and joined them on road drives to understand their lives. They spend months away from homes in rickety trucks. A large number of them have HIV and many don’t marry. As a country, we need a million truck drivers every year and I don’t think many are becoming drivers,” Garg, 36, told Business Standard