Rivigo announces the appointment of Prabhav Sharma as its new Chief Executive Officer (CEO) for its Full Truck Load (FTL) business, effective March 16, 2022. His appointment will provide leadership and strategic direction to scale Rivigo’s asset-light relay-as-a-service model to solve the challenges in India’s logistics sector.
Ever since its inception in 2014, Rivigo aims to lead the transformation of the logistics sector in India with its global-first relay trucking model and a strong interplay of technology, data, culture, and operations excellence to consistently deliver unparalleled delivery times and reliability.
The company’s unique relay model ensures that every truck driver, who is referred to as a pilot, spends less time away from his family, thereby leading a life of meaning, dignity, and respect.
“It gives me immense pleasure to welcome a talented leader like Prabhav to our team. With Prabhav’s global experience in handling the supply chain industry across countries and expertise in improving productivity through technology-led solutions, he is best suited to lead Rivigo’s mission to transform the full truckload segment of the Indian logistics sector. With the success of the asset-light relay-as-a-service approach, I am bullish about implementing relay at scale, and I believe that we’ll be able to drive 100,000 trucks on relay while uplifting the lives of 100,000 pilots, with Prabhav at the helm.”Deepak Garg, Founder & CEO, Rivigo
The last few years have been tough on the full truckload segment however, it is expected to do very well in the next few years on the back of changing market dynamics. Rivigo, through its platform, bridges the gap and provides better truck economics to small operators, reliable supply to customers, and more dignified life for truck pilots.
“Rivigo’s mission to transform India’s logistics sector by making it human has always resonated with me at a deeper level. I’m thrilled to join this team of committed professionals who want to leverage technology and innovation to drive better truck utilisations while improving the lives of thousands of truck drivers. I hope together we can bring about the change this industry needs to fuel the country’s economic boom.”Prabhav Sharma, CEO-FTL, Rivigo
With 15 years of experience under his wings, Prabhav is a thought leader in the supply chain industry who has led the supply chain and logistics practice globally for the energy and materials sector and has pioneered in the development of technology-led solutions to solve problems of network optimization, end to end supply chain optimization, and tactical S&OP optimization, through data analytics and lean management principles.
Before joining Rivigo, Sharma led the digital consulting practice for McKinsey Asia. He has an MBA from IIM Lucknow with a specialization in operations and finance and is a B.Tech in Aerospace Engineering from IIT Mumbai.