SOUTH AFRICA – LocoNav, an integrated tech-services provider TR Tech and full-stack fleet-tech startup, have announced a new partnership to introduce GPS, IoT, and Vehicle Telematics solutions in South Africa.
The aim of the collaboration is to make advancements in fleet technology to make it easily accessible to fleet owners, operators and fulfil requirements for local businesses such as GPS resellers and tracking service providers.
LocoNav’s AI-driven offerings will enable TR Tech to provide fleet technology solutions in South African markets at reasonable prices.
LocoNav’s AI-driven technology combined with IoT offerings brought to the South African market by TR Tech has the capability to truly prevent accidents, save lives and bring efficiency to fleet management businesses.
“At LocoNav, we look forward to consistently building and innovating disruptive technologies. Our mission is to provide fleet owners and drivers with the tools to gain visibility and control over every aspect of their business,” LocoNav Co-Founders – Shridhar Gupta and Vidit Jain, said.
“Our technology will enable business efficiency and help the South African markets move on from rudimentary technologies in place.
This collaboration with TR Tech will democratize access to cutting-edge fleet-tech solutions at reasonable prices in South Africa and empower fleet owners and operators to navigate challenges like robbery and theft.”
The advanced AI powered technology helps drivers in many ways like adopting better driving practices, detecting accidents that may happen and preventing mishaps by alerting the driver by in-cab audio alerts. It also enables fleet owners to understand driving behaviours.
The Driver Monitoring System (DMS) with the help of the driver facing camera, keeps track of driver distraction, driver fatigue, drowsiness as well as face ID to examine potential risk factors and alerts both the driver and the fleet manager.
“Our collaboration with LocoNav will be the enabler of a major disruption in the South African telematics industry. This collaboration will enable safeguarding the fleet owners and drivers from the biggest threat of cargo theft which is very prevalent in the South African provinces,” Ishaang Dada, TR tech Founder said.
“Our software will enable 24*7 tracking along with other security features like SOS Alerts, remote vehicle immobilization, geofencing for defined routes, driver monitoring system and more. The reasonable price point will also make this technology more accessible to fleet drivers and small fleet owners.”
LocoNav and TR Tech will be offering video telematics, GPS-based fleet management solutions, IoT enabled devices, ranging from basic GPS tracking devices to sophisticated OBD devices and, and more, all under one roof.
Integrated with LocoNav’ s cloud-based software, the advanced solutions will help fleet owners increase business efficiency through real time fleet tracking, maintaining vehicle health, driver monitoring, live streaming, incident video recordings and more.
Additionally, the solutions assist in managing operating costs through fuel monitoring and alerts if the vehicle moves during non-operational hours. It also provides the fleet owners and operators with the ability to immobilize the vehicle remotely.
The easy-to-use software also provides tampering alerts if the telematics devices are unplugged and inform the driver of unsafe zones using the geofencing feature, in areas where the theft probability is high.
LocoNav is a Series B funded startup backed by investors like Quiet Capital, Anthemis Group, Sequoia Capital India, Foundamental, RIT Capital Partners, Uncorrelated Ventures, Village Global, and other leading investors, with a presence in 40+ countries.
Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals, and insights from Africa’s business, economy, and more. SUBSCRIBE HERE
