02 October 2024

Disrupting the future of logistics

Submitted by: Nasreen Badrodien
Disrupting the future of logistics

SA Startups to Pitch and Connect with 100+ Supply Chain Leaders at Last Mile Innovation Nexus – Date Extension to Apply by 4 October 2024

The Last Mile Innovation Nexus – Chapter 2, hosted by FarEye in collaboration with Amazon Web Services (AWS), is calling on South African logistics startups to apply for a unique opportunity to pitch their innovative solutions and network with over 100 industry leaders. The event, scheduled for 17 October 2024 in Johannesburg, provides startups with a platform to connect with major players in the logistics and retail sectors, including Woolworths, Pick n Pay, Massmart, Homechoice, Clicks Group, and Media24.

South Africa’s e-commerce market is expected to double in size over the next five years, offering a lucrative opportunity for startups specializing in last-mile delivery solutions. With the logistics sector forecasted to reach $25 billion, the Last Mile Innovation Nexus provides a competitive edge for startups ready to seize the moment. The application deadline has been extended to 4 October 2024, offering startups the chance to accelerate growth through exposure to potential clients, strategic partnerships, and access to critical funding and mentorship.

The success of the Last Mile Innovation Nexus Asia, held in April 2024 in India, showcased the platform’s power to unlock capital, provide mentorship, and forge strategic industry connections. Now, for the first time, this innovative accelerator is coming to South Africa, offering local startups the chance to shape the future of last-mile logistics.

Kushal Nahata, Co-founder and CEO of FarEye, emphasized the growing demand for efficient last-mile solutions:
"With major players like Amazon, Walmart, and Alibaba entering the market, the demand for fast, scalable last-mile delivery solutions has never been greater. The Last Mile Innovation Nexus is designed to co-create groundbreaking solutions and help startups thrive in South Africa’s booming e-commerce landscape."

Why Startups Shouldn’t Miss the Last Mile Innovation Nexus – Chapter 2

  • Tap into Market Growth: Develop solutions aligned with the rapid expansion of e-commerce, projected to double by 2029.
  • Leverage Strategic Partnerships: Collaborate with leading logistics companies and global retailers entering the South African market.
  • Support and Funding: Gain access to expert guidance, resources, and potential investors to scale your startup.
  • Align with National Infrastructure Goals: Innovate alongside government initiatives like the National Infrastructure Plan 2050 (NIP 2050) and Operation Phakisa, which enhance logistics networks and trade connectivity.

For more information and to apply before the 4 October 2024 deadline, visit the Last Mile Innovation Nexus page today.

NOTE TO EDITORS

FarEye encourages local startups to apply for the first-ever Last Mile Innovation Nexus in South Africa. The top five logistics startups will have the opportunity to lead innovation in South Africa’s logistics sector. Applications are open until 4 October 2024. Visit the Last Mile Innovation Nexus page for more details and to apply.

ABOUT FAREYE

FarEye is a last-mile technology partner for companies committed to enhancing delivery experiences. Our vision is to ensure every delivery reaches its destination accurately, efficiently, and sustainably. FarEye’s AI-powered platform simplifies complex last-mile logistics through orchestration, real-time visibility, and branded customer experiences. With FarEye, businesses can boost consumer loyalty, reduce operational costs, and improve efficiency. FarEye operates globally, serving over 150 customers across 30 countries.

FarEye, First Choice for Last Mile.

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