Mahindra Logistics has recently announced that the firm has bought a strategic stake in cargo management start-up ShipX for a stated amount of up to ₹7 crore.
As company stated, the particular investment plan is expected to benefit Mahindra Logistics intensify end-to-end digitisation and bring in operational efficiencies.
Founded in 2008, ShipX provides to supply chain automation requirements of shippers and transporters.
At Mahindra Logistics Limited, it provides customized integrated third-party supply chain and people transport solutions to companies across multiple industries.
It specializes in providing solutions to organisations by integrating the right technology.
