BENGALURU: FarEye , a mobility platform for business operations, has expanded to the Australian and European markets, partnering with Australia-based order fulfilment company National Products Fulfilment and Belgian private postal company TBC Post FarEye recently closed a Series-A funding round, with SAIF Partners being the investor. "We have added new features like demand forecasting and planning, and customer analytics, which help companies in planning their operations, and be prepared for the demand upsurge," said Chief Technical Officer Gaurav Srivastava. FarEye has plans to integrate with Internet of Things platforms and drones to enable automated delivery. It has been working with companies like Blue Dart, DHL, DTDC, Safexpress, Walmart India and Bajaj Capital.With the recent expansion, the New Delhi-based startup is now present in 15 countries. Its routing engine assists delivery workforce to move on optimised route, thereby increasing the number of deliveries they can manage.Analytics helps in predicting delays, measuring the key performance indicators, forecasting demand and offering assistance in understanding where to recruit more workforce.

Source: Economic Times August 11, 2016 22:41 UTC