HERALD: Let us know more about your company.
PRANAV SHIRKE: TempoGO was born at Prototyze, the Goa-based venture builder that has launched multiple ventures that have collectively raised over $12 million in investment in the past year itself. These include digital lending company Seynse, mfitness company Mobiefit and mtraining SaaS platform HandyTrain.
TempoGO has won an international start-up competition held by Singapore-based investment platform Startup-O. They won against 59 ventures participating from 11 different countries.
HERALD: What is your field of specialty and any new inventions?
PS: Our integrated platform connects vehicles, people and trips and generates actionable business intelligence to improve (a) Visibility of vehicle and its parameters, 2) Productivity of a commercial vehicle fleet, 3) Safety of passengers, drivers or consignment.
HERALD: How does your company help Goans?
PS: TempoGO, along with Prototyze has been engaging with Goan industry and academia. We provide both employment and internship opportunities to local Goans. In fact Mihir Shetye, our co-founder and head of customer success is a Goan. We are soon looking to start R&D for different types of sensors where we will closely partner with local engineering colleges.
We also work with other Goan companies including marketing agencies, software development and design agencies, as well as legal and administrative support services. Through our solution, we are able to generate better business prospects for local transporters as well.
HERALD: Who are your major customers?
PS: Any company that owns or operates a fleet of over 20 vehicles, either for its own use or as a commercial transportation offering, is a potential client for TempoGO.
Examples of Clients include:
A) Freight transport companies (like Shree Balaji Roadlines and Shree Roadways)
B) Freight aggregation companies (like Aaho Trucks andQuickshift)
C) Logistics companies (like Darcl Logistics)
D) Distribution centered companies (likecash management companies)
E) Taxi operators (like Joey’s Car Rentals)
F) Bus or and corporate employee or school/college bus fleets.
HERALD: What new innovation have you added to your product?
PS: Recently we have added a unique fuel sensor to our product portfolio which can be easily installed in trucks to check fuel pilferage. Traditional fuel sensors are very costly and involve a very cumbersome installation process which requires drilling the fuel tank. Through our immobilizer, we enable a fleet operator to stop a vehicle remotely with a click or an SMS to prevent vehicle thefts or route deviations. Apart from this, we also provide temperature and door sensors on need basis. We will soon roll out an e-way bill solution to complement our existing fleet management and trip management solutions.
HERALD: How do you see the Goa market?
PS: There is great potential in the Goan market. Apart from car rental and tourist vehicle providers, there is a huge demand in the mining industry and school buses, where we can monitor speed, track vehicles and provide geofence alerts. We already provide our services to car rental companies, logistics and freight transportation companies.
HERALD: Where do you see yourself in next five years?
PS: Over the next five years, we aim to become a leading telematics solution provider in India and also expand our global footprint.
