India’s FarEye makes a bid for America’s logistics market
FarEye, the technology solution to enable efficient movement of goods has appointed Larry Klimczyk as President, Americas. He will be responsible for the expansion and growth of FarEye customers and solutions throughout the region
This is one of the key steps in FarEye’s strategy to expand its business foothold in the region and build a strong local team.
CTO & Co-founder of FarEye Gaurav Srivastava is also moving to the USA to lead the expansion and the organisation plans to hire more industry experts and open a local office in Chicago to be closer to its growing customer base.
Kushal Nahata, CEO & Co-founder, FarEye said: “We are very excited to welcome Larry, a senior veteran from the industry, to take the lead at FarEye Americas as it represents one of the fastest growing markets for us. I am most definite that Larry will take this market to greater heights.”
“Since onboarding our first customer in the US, FarEye has grown rapidly and consistently in the region. There are many global players with whom we have been associated in our home turf, India for over three years. This move will help us serve them locally as well,” says Srivastava.
Larry Klimczyk commented: “I am thrilled to be a part of FarEye especially at a time when the logistics & supply chain industry is going through a transformative phase. The journey ahead is full of the limitless possibilities that are built upon FarEye’s strong value proposition in the industry. With my prior experience in local and global markets, I look forward to working with FarEye’s young and passionate team to carve the future growth story.”
FarEye is one of India’s fastest growing start-ups with a 280% increase in ARR year on year. Clocking triple-digit revenue growth since the past 3 years, FarEye is now targeting a 325% growth in revenue this fiscal. FarEye facilitates over 65 million transactions per day, enabling more than 150 enterprises across 20+ countries.