Routematic, under the leadership of Founder & CEO Sriram Kannan, is revolutionizing employee transportation in Indian cities. By leveraging AI, big data, and sustainable practices, Routematic not only enhances corporate productivity but also contributes to reducing global carbon footprints. In this interview, Kannan shares insights on Routematic’s impact on urban mobility, its future expansion plans, and the cutting-edge technologies driving their success.
Read the full interview here:
TimesTech: How has Routematic’s use of big data and AI/ML improved employee commute times and corporate productivity in Indian cities?
Sriram: Routematic employs complex algorithms to design the most efficient routes for pooled employee pickup and drop-off. This shortens commute time and ensures that employees get at work on time, every time. It reduces the amount of time employees spend commuting, allowing them to arrive at work prepared to focus on their jobs and drastically improved employee commute times and corporate productivity across Indian cities.
TimesTech: How does Routematic contribute to reducing the global carbon footprint, and what impact has this had on clients and the environment?
Sriram: Routematic’s sustainable commute solutions have significantly reduced carbon emissions and transportation costs for companies across industries. Our routing algorithms reduce the number of trips for mass transport of employees, our cab dispatch algorithms reduce the number of cars required to fulfil these trips with the least inter-trip dry runs, and our EV fleet and Sustainability dashboards help businesses achieve their ESG goals. Through strategic EV use, comprehensive sustainability tracking, and optimized deployment, Routematic is making notable strides in environmental stewardship.
TimesTech: How does Routematic intend to scale its business in the future?
Sriram: Routematic’s top-quality service has fostered a loyal client base, with over 60% of new businesses driven by referrals. This strong foundation supports our expansion plans into Southeast Asia, Africa, and South America by March 2025. We’re also forging strategic partnerships to broaden our global reach and enhance offerings. By integrating customer feedback, optimizing shared rides, and incorporating cutting-edge technologies, we continuously improve service, ensuring high customer loyalty and a strong competitive position in corporate mobility.
TimesTech: How does Routematic’s Fleet Service and Transport Automation Software address the challenges of managing round-the-clock employee shifts?
Sriram: Routematic’s Fleet Service and Transport Automation Software efficiently manages 24-hour workforce shifts through innovative use of AI. By using supervised learning for travel time estimation and reinforcement learning for cab dispatch, our system predicts travel times from historical data and optimizes trip allocation to drivers, ensuring fair distribution and maximum efficiency. This advanced AI-driven solution handles approximately 6,000 trips daily with remarkable accuracy and reliability, fully automating critical aspects of transportation management.
TimesTech: What key trends and technologies do you see shaping the future of urban mobility, and how is Routematic positioning itself in this landscape?
Sriram: Urban transportation is changing quickly due to the need for increased efficiency, sustainability objectives, and technology breakthroughs. The future of the mobility industry has enormous potential to change how we navigate urban settings, from the development of autonomous vehicles and smart city initiatives to the integration of electric vehicles and shared mobility services. Routematic is in a good position to provide bus, single-cab, pooled-cab, and parking solutions. Here, our main goal is to collaborate with all service providers to build a controlled marketplace that is strong enough to support every service on our platform.
