SemiCab Partners with RoaDo to Drive Revenue Growth and Expand Carrier Fleet Access
Algorhythm Holdings (NASDAQ: RIME) announced that its subsidiary SemiCab has partnered with India-based RoaDo to expand its carrier network and drive revenue growth. RoaDo's platform connects shippers to over 360 Indian trucking companies with more than 10,000 trucks through its real-time marketplace.
The partnership aims to scale SemiCab's access to available trucks in India while reducing empty miles through route optimization. Additionally, both companies plan to introduce SemiCab's AI-driven optimization platform to RoaDo's North American carrier network via an integrated SaaS offering. SemiCab has reported 400% year-to-date growth in sales run rate.
Algorhythm Holdings (NASDAQ: RIME) ha annunciato che la sua controllata SemiCab ha siglato una partnership con l'azienda indiana RoaDo per ampliare la propria rete di vettori e stimolare la crescita dei ricavi. La piattaforma di RoaDo collega gli spedizionieri a oltre 360 società di autotrasporto indiane con più di 10.000 camion tramite un marketplace in tempo reale.
L'accordo punta a scalare l'accesso di SemiCab ai veicoli disponibili in India, riducendo i chilometri a vuoto grazie all'ottimizzazione dei percorsi. Inoltre, le due società prevedono di introdurre la piattaforma di ottimizzazione basata su IA di SemiCab nella rete nordamericana di RoaDo attraverso un'offerta SaaS integrata. SemiCab ha registrato una crescita del 400% da inizio anno nel ritmo delle vendite.
Algorhythm Holdings (NASDAQ: RIME) anunció que su subsidiaria SemiCab se ha asociado con la india RoaDo para ampliar su red de transportistas y potenciar el crecimiento de ingresos. La plataforma de RoaDo conecta a cargadores con más de 360 empresas de transporte indias con más de 10.000 camiones a través de su mercado en tiempo real.
La alianza busca incrementar el acceso de SemiCab a camiones disponibles en la India y reducir los viajes en vacío mediante la optimización de rutas. Además, ambas compañías planean introducir la plataforma de optimización impulsada por IA de SemiCab en la red norteamericana de RoaDo mediante una oferta SaaS integrada. SemiCab ha reportado un crecimiento del 400% desde principios de año en su tasa de ventas.
Algorhythm Holdings (NASDAQ: RIME)는 자회사 SemiCab이 인도 기반의 RoaDo와 협력해 운송업체 네트워크를 확장하고 수익 성장을 추진한다고 발표했습니다. RoaDo의 플랫폼은 실시간 마켓플레이스를 통해 화주를 10,000대 이상의 트럭을 보유한 360곳 이상의 인도 트럭회사와 연결합니다.
이번 파트너십은 SemiCab의 인도 내 가용 트럭 접근성을 확대하고 경로 최적화를 통해 공회주행(빈 운행 거리)을 줄이는 것을 목표로 합니다. 또한 양사는 통합된 SaaS 상품을 통해 SemiCab의 AI 기반 최적화 플랫폼을 RoaDo의 북미 운송사 네트워크에 도입할 계획입니다. SemiCab은 연초 이후 매출 실행률이 400% 증가했다고 보고했습니다.
Algorhythm Holdings (NASDAQ: RIME) a annoncé que sa filiale SemiCab s'est associée à la société indienne RoaDo pour étendre son réseau de transporteurs et stimuler la croissance des revenus. La plateforme de RoaDo connecte les expéditeurs à plus de 360 sociétés de transport indiennes disposant de plus de 10 000 camions via son marketplace en temps réel.
Le partenariat vise à accroître l'accès de SemiCab aux camions disponibles en Inde tout en réduisant les kilomètres à vide grâce à l'optimisation des itinéraires. De plus, les deux entreprises prévoient d'introduire la plateforme d'optimisation pilotée par IA de SemiCab dans le réseau nord-américain de RoaDo via une offre SaaS intégrée. SemiCab a déclaré une croissance de 400% depuis le début de l'année de son rythme de ventes.
Algorhythm Holdings (NASDAQ: RIME) gab bekannt, dass seine Tochtergesellschaft SemiCab eine Partnerschaft mit dem indischen Unternehmen RoaDo eingegangen ist, um das Carrier-/Frachtführer-Netzwerk zu erweitern und das Umsatzwachstum voranzutreiben. Die Plattform von RoaDo verbindet Verlader über einen Echtzeit-Marktplatz mit mehr als 360 indischen Transportunternehmen mit über 10.000 Lkw.
Die Partnerschaft zielt darauf ab, SemiCabs Zugriff auf verfügbare Fahrzeuge in Indien zu skalieren und Leerkilometer durch Routenoptimierung zu reduzieren. Darüber hinaus planen beide Unternehmen, SemiCabs KI-gestützte Optimierungsplattform über ein integriertes SaaS-Angebot in RoaDos nordamerikanisches Carrier-Netzwerk einzuführen. SemiCab meldete ein seit Jahresbeginn 400%iges Wachstum der Umsatz-Run-Rate.
- Sales run rate growth of 400% year-to-date
- Access to over 10,000 trucks through 360 Indian trucking companies
- Expansion into Indian logistics market with real-time marketplace access
- Planned expansion into North American market through integrated SaaS offering
- Previous limited trucking capacity in India identified as biggest bottleneck
Insights
SemiCab's partnership with RoaDo addresses capacity bottlenecks in India and creates growth opportunities through access to 10,000+ trucks.
SemiCab's strategic partnership with RoaDo represents a significant operational advancement for Algorhythm Holdings' logistics capabilities in India. By integrating with RoaDo's marketplace platform, SemiCab gains access to over 360 Indian trucking companies with a combined fleet exceeding 10,000 trucks - addressing what the company explicitly identified as their "biggest bottleneck in India."
The partnership's structure offers three key advantages: (1) immediate scale through on-demand access to a large carrier network, (2) dynamic capacity adjustment capabilities for route optimization, and (3) reduction of empty miles, which typically represent significant inefficiencies in logistics operations.
What makes this deal particularly noteworthy is SemiCab's reported 400% year-to-date growth in sales run rate even before this capacity expansion. The integration with RoaDo's e-commerce-style operating system should enhance SemiCab's Collaborative Optimization™ platform by strengthening its network effects - a critical factor for marketplace platforms where value increases with participant numbers.
Beyond the immediate Indian market expansion, the partnership includes plans to introduce SemiCab's AI optimization capabilities to RoaDo's North American carrier network through an integrated SaaS offering, potentially creating a new revenue stream and market presence beyond India.
New Strategic Partnership Unlocks Expanded Carrier Network Through RoaDo Integration
Fort Lauderdale, FL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (NASDAQ: RIME), a leading AI logistics provider, today announced that its subsidiary SemiCab Holdings, LLC (“SemiCab”) has entered into a strategic partnership with Hicetane Logistics Innovations Pvt. Ltd., an India-based shipping technology company operating under the brand RoaDo.
RoaDo provides an innovative e-commerce-style operating system for multiple phases of the transportation supply chain, connecting shippers to over 360 Indian trucking companies with a combined fleet of more than 10,000 trucks available via RoaDo’s real-time marketplace platform. This partnership enables SemiCab to scale access to available trucks dynamically and cost-effectively across multiple regions in India.
“We’re thrilled to announce our partnership with RoaDo as we accelerate our expansion in the Indian logistics market,” said Ajesh Kapoor, CEO of SemiCab Holdings. “RoaDo’s technology allows us to flexibly access trucks on demand, helping us optimize routes and significantly reduce empty miles. This collaboration marks an important milestone in scaling our operations efficiently.”
Beyond India, SemiCab and RoaDo plan to collaborate on a go-to-market strategy to introduce SemiCab’s AI-driven optimization platform to RoaDo’s carrier network in North America via an integrated SaaS offering.
“We consider RoaDo a vital partner in accelerating our revenue growth by expanding on-demand trucking capacity and enhancing the network effects of our Collaborative Optimization™ platform. Access to scalable trucking capacity has been our biggest bottleneck in India. While we’ve grown our sales run rate over
About Algorhythm Holdings
Algorhythm Holdings, Inc. (NASDAQ: RIME) is a holding company that primarily focuses on emerging technology and AI-powered supply-chain solutions through it’s SemiCab subsidiary.
SemiCab is an emerging leader in the global logistics and distribution industry. Since 2020, SemiCab has enabled major retailers, brands and transportation providers to address these common supply-chain problems globally. Its AI-enabled, cloud-based Collaborative Transportation Platform achieves the scalability required to predict and optimize millions of loads and hundreds of thousands of trucks. SemiCab uses real-time data from API-based load tendering and pre-built integrations with TMS and ELD partners to orchestrate collaboration across manufacturers, retailers, distributors, and their carriers. SemiCab uses AI/ML predictions and advanced predictive optimization models to enable fully-loaded round trips. With SemiCab’s AI platform, shippers pay less and carriers make more without having to change a thing.
For additional information, please go to: http://www.semicab.com
Investor Relations Contact:
investors@algoholdings.com
www.algoholdings.com
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in Algorhythm’s reports to the SEC, including, without limitation Algorhythm’s Annual Report on Form 10-K for the year ended December 31, 2024. You should not place undue reliance on any forward-looking statement, each of which applies only as of the date of this press release. Except as required by law, we undertake no obligation to update or revise publicly any of the forward-looking statements after the date of this press release to conform our statements to actual results or changed expectations, or as a result of new information, future events or otherwise.
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