Showing posts with label Mahindra Logistics. Show all posts
Showing posts with label Mahindra Logistics. Show all posts

Mahindra Logistics Launches Services On ONDC Network

Mahindra Logistics Launches Services On ONDC Network

Mahindra Logistics Limited, one of India's leading integrated third-party logistics service providers launches services on ONDC Network and commences its operations. Mahindra Logistics will provide same-day & next-day intra-city pick-up and delivery services to all sellers on ONDC. The company will extend this to a full range of services including inter-city express parcel, full truck load and mobility services. Sellers on the ONDC network will have access to Mahindra Logistics’ entire range of services enabling intra-city and inter-city delivery in up to 19,000 pin codes.

Efficient logistics is a key enabler for members on the ONDC network. Mahindra Logistics’ services provide a full stack of technology, providing D2C brands and sellers with rapid integration and fulfilment services. As part of this initiative, Mahindra Logistics is also committed to collaborating with other members of the ONDC Network in providing solutions to empower local businesses.

Commenting on this integration, Mr. Rampraveen Swaminathan, MD & Chief Executive Officer, Mahindra Logistics Ltd., said, "ONDC is a path breaking attempt program to empower and democratize local commerce. Efficient logistics is a key enabler to harnessing the full potential of ONDC and we are pleased to join the network. We share ONDC’s vision of accelerating commerce and are pleased to partner with them on a range of services. We provide customers a range of hyper-local and inter-city transport and mobility solutions and technology integration with their end customers. Our aim to accelerate commerce by delivering innovative logistics solutions on the platform will ultimately benefit both, businesses and consumers.”

T Koshy, MD & CEO, ONDC, said, “Logistics is a key element for the successful adoption of ecommerce across the country. Especially, for small and medium enterprises this will be a key enabler for enhancing their reach. With a major player like Mahindra Logistics coming onboard onto ONDC Network, it will add significant logistics options across the country for diverse merchants that are part of the ONDC ecosystem''.

ONDC has created an Open Network for seamless logistics operations, opening up opportunities for increased business, better capacity utilization, and a stronger brand presence. This collaboration aligns with the Indian government's vision of promoting a fair and open digital commerce net

About Mahindra Logistics

Mahindra Logistics Limited is an integrated third-party logistics (3PL) service provider, specializing in supply chain management and enterprise mobility. Mahindra Logistics serves over 400+ corporate customers across various industries like Automobile, Engineering, Consumer Goods and E-commerce. The Company pursues an “asset-light” business model, providing customised and technology enabled solutions that span across the supply chain and people mobility services. 

For more information, visit www.mahindralogistics.com

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise. Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room

About ONDC:

Incorporated on December 31, 2021, Open Network for Digital Commerce (ONDC), a Section 8 company, is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, to create a facilitative model that revolutionizes digital commerce, giving greater thrust to the penetration of retail e-commerce in India. ONDC is not an application, platform, intermediary, or software but a set of specifications designed to foster open, unbundled, and interoperable open Networks.


Mahindra Logistics deploys Electric Vehicles for Tech Mahindra Employee

Tech Mahindra has partnered with Mahindra Logistics (MLL), a third-party logistics solution provider, for introducing and operating Electric Vehicles (EV) for employee transportation, the company said on Wednesday.

Mahindra Logistics will be deploying Mahindra E-Verito vehicles at Tech Mahindra's Hyderabad campus under its employee transportation fleet from July 24, it said in a press release.

MD and CEO of Tech Mahindra, CP Gurnani said, "Sustainable mobility is the need of the hour. With environment and people at the core of our business, we at Tech Mahindra are committed to drive this shift to electric mobility."

"We are happy to partner with Mahindra Logistics toac complish the collective vision of improved electric mobility that will help us shape a sustainable future. We look forward to adding more electric vehicles at our offices globally," he said.

As part of its Go-Green initiative, MLL's People Transport Solution (PTS) business aims at taking the tally of electric vehicles in its employee transportation fleet to 300, over the fiscal year 2020, the release said.

Mahindra Logistics Limited (MLL) is a portfolio company of Mahindra Partners, the USD 1 billion private equity division of the USD 20.7 billion Mahindra Group. PTI GDK ROH

Mahindra Logistics Acquires Bangalore-based ShipX

Mahindra Logistics (MLL), one of India's largest Third-party logistics (3PL) solution providers, today announced the acquisition of a strategic stake in Transtech Logistics, also known as ShipX. The acquisition is expected to be completed by August 31, 2020. According to multiple media oytlets, the acquisition deal was done at Rs.7 Crores.

This acquisition comes within a couple of months after Tata Motors Ltd picked up 26% stake in TruckEasy, an another Bangalore-based startup in logistics space. With that, Tata motors, the flagship of the $100-billion Tata Group, marked its first ever stake-purchase in a domestic startup.

About ShipX, it is a SAAS (Software as a Service) based Transport Management Solution (TMS) platform that serves the supply chain automation needs for 3PLs, shippers and transporters.

Shipx is founded by a mature and experienced team including - Amar Kalale, Maxin Samuel, Bharat Ramanath and
Venkatraman Mahadevan. These were part of a Boston-based supply chain fulfillment company that had been incubated by Infosys.

ShipX has been working with MLL for over 3 years and has been enabling transportation solutions. This acquisition will help MLL to increase end-to-end digitization and bring in operational efficiencies.

Mr. Pirojshaw Sarkari, CEO - Mahindra Logistics, said, "Logistics in future will be more technology driven - both in terms of our own operations, as well as interfaces with our customers and business partners. With our asset light business model, we are already like a 'platform'. The strengthening of our relationship with Shipx opens up a new opportunity to take this to the next level.�

Mr. Amarnath Kalale, Co-Founder of Transtech, said "MLL has been our most valuable customer for more than 3 years. This investment will help us in developing more product features and strengthening the organization". Prior to Shipx, Kalake was also the co-founder Yantra solutions, a Boston based supply chain solution provider. Amar has more than 20 years of experience in providing technology solutions for logistics and supply chain problems. Amar has Bachelor's degree in Engineering and Masters in Computer Science. .

It may be recalled that, Mahindra, which is an umbrella firm of Mahindra Logistics, had picked up a 16% stake in Bengaluru-based self-drive car rental startup Zoomcar for $27.6 million as part of a Series C round of funding worth $40 million (Rs 256 crore), in February this year.

In the same month, Mahindra had also made an investment of about $1 million in Mumbai-based connected car IoT-device making startup Carsense (formerly Carnot) for 22.9% stake in Carnot Technologies Pvt Ltd, the parent company of brand name Carsense.

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