Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

Safexpress, IBM partners to drive Business Transformation & deliver rapid growth

Safexpress

Technology leader IBM has joined hands with Safexpress, supply chain & logistics company. Safexpress has deployed ‘PROPEL-i’, a bespoke, end-to-end cloud native logistics platform, developed in association with IBM Global Business Services. The digital platforms helps the company in achieving agility in demand management, reach advanced and flexible dynamic pricing modelling capabilities and offers enhanced visibility and transparency for its customers.

Safexpress has been established in 1997and it offers supply chain services such as express distribution, third-party logistics and consulting to its customers. Safexpress with its network of 60 logistics parks, 42 3PL locations, 1959 booking offices, 7,500 containerized GPS enabled vehicles, operates on 1,830 routes and delivers 100 million packages a year to over 5,000 corporations across 31083 pin codes in India. Safexpress has been on digital transformation journey for the last few years and has a strong focus on technology driven business acceleration and growth. The logistics market in India is predicted to grow at a CAGR of 10.5% between 2019 and 2025, according to the report, Indian Logistics Industry Outlook, 2020.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

In a bid to capitalize on this market opportunity and fuel its growth plans, Safexpress wanted to remodel its core business processes and expedite the adoption of next-generation technologies and digital-driven solutions further. Safexpress then collaborated with IBM to design and build ‘PROPEL-i’, an innovative scalable logistics platform, deployed in a secure & resilient cloud environment.

AdvertisementSAAS

Read More: U GRO Capital launches ‘GRO Micro’, expands its network by 25 branches

Kapil Mahajan, Group CIO, Safexpress said, “Being a technology driven organization, our next wave of business strategy was focused on building a cognitive enterprise that can keep up with the speed of transformation around us. ‘PROPEL-i’, which is our new transportation management system (TMS) platform, has been built with Design Thinking at its core and centered around 4 key pillars: People, Process, Data and Technology. Its microservices based cloud native architecture will further strengthen our position as a market leader both from logistics and technology standpoint and help us respond exceptionally faster to the market dynamics while minimizing time, cost and effort on new product development lifecycle.”

AdvertisementInfoComm India 2026

Also Read : Fortinet and IBM partner on SkillsBuild to Further Build Cybersecurity Skills

Kamal Singhani, Country Managing Partner – IBM Services, India/South Asia added, “‘PROPEL-i’ is a major milestone for Safexpress as well as India’s logistics sector and is a testament to the continued success of the company’s longstanding association with IBM. By leveraging our deep industry expertise and access to technological innovations including cloud & AI, Safexpress will be able to leverage the new digital platform to manage their growing business, enrich customer experiences as well as boost revenues by acquiring new accounts & by optimizing costs.”

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Tags: IBM Safexpress

Our Coverage of News

SBI Securities Appoints Ayaskant Mohapatra as Chief Technology Officer

SBI Securities has appointed Ayaskant Mohapatra as Chief Technology Officer (CTO) at SBICAP Securities Ltd., strengthening its technology… Read more →

Cedar Hill Capital Co-Leads $3 Million Investment in Voice AI Startup Karta

Cedar Hill Capital has co-led a $3 million funding round in Karta, an agentic voice AI startup focused… Read more →

Aashish Sethi Joins Bajaj General Insurance as Chief Distribution Officer

Aashish Sethi has joined Bajaj General Insurance as Chief Distribution Officer – Bancassurance & Government Business (Institutional), strengthening… Read more →

Razorpay Partners with OpenAI to Help Indian Brands Advertise on ChatGPT

Razorpay has partnered with OpenAI to help Indian brands explore advertising opportunities on ChatGPT, potentially opening a new… Read more →

GreyLabs AI Partners with Federal Bank to Deploy Voice AI Across Customer Interactions

GreyLabs AI has partnered with Federal Bank to bring Voice AI into everyday customer interactions, with applications spanning… Read more →

HDFC Bank Appoints V.N. Srivatsan as Chief Compliance Officer

HDFC Bank has appointed V.N. Srivatsan as its new Chief Compliance Officer (CCO) for a three-year term, effective… Read more →

whatsapp--v1