Mahindra Logistics Buys Into Technology Startup ShipX - GADGETS & INNOVATIONS


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Thursday, August 30, 2018

Mahindra Logistics Buys Into Technology Startup ShipX

~Acquisition to help MLL embed technology into ecosystem and ShipX to enhance product features

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.

ShipX 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 who 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.

August 30, 2018

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