DBS Bank India and Trucknetic collaborate to offer the bank’s SME clients hassle-free trucking solutions.

Trucknetic, India’s version of Uber for trucks, has joined with DBS Bank as a logistics partner on its Business Class platform. Through this agreement, the firm hopes to offer complete digital banking, logistics, value-added services, and discounts to SMEs throughout the nation.

The first digital platform in India to book all types of trucks, including electric ones, is called Trucknetic. It provides effective and affordable logistics solutions by utilising cutting-edge technologies like AI, ML, and data analytics. Its broader objective is to modernise operations across the supply chain, increase the ease of doing business in India, and bring transparency and efficiency to the logistics industry.

Trucknetic’s cooperation with DBS Bank for its SME platform would aid in advancing its objective to offer small businesses and MSMEs in India world-class, dependable, and affordable logistics solutions.

This news is written by Ms. Amrita Singh, Research Assistant, All India Legal Forum.

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