The second edition of Catapult will focus on identifying technology solutions in the Logistics & Supply Chain and Mobility space. The technological areas of focus include:Artificial Intelligence (AI), Machine Learning (ML), Blockchain, Internet of Things (IoT), Robotics & Automation, Virtual reality (VR) & Augmented Reality (AR), Drones, Big Data & Analytics, Low-Cost Hardware/ Connectivity/ GPS Based Solutions and E-Mobility Solutions.

Mr. Rampraveen Swaminathan, Managing Director and CEO, Mahindra Logistics Limited, said, “At MLL, our purpose is accelerating commerce, empowering communities to Rise – and Technology is an important foundation that we have harnessed over the years, to achieve this. Through Catapult, we are offering a unique platform that supports, enables, accelerates, and empowers the Logistics start-up community to Rise. Catapult aims to transform the Indian Supply Chain & Mobility sector and co-create future-ready tech-powered solutions with the Indian start-up ecosystem”.

The first edition of Catapult received an overwhelming response from over 300 startups from the Supply Chain & Mobility ecosystem. After a robust evaluation process, 16 start-ups were shortlisted for the Cohort. The Cohort participants then collaborated with Mahindra companies on some real-world use-cases for a period of 3 months to develop market-ready solutions.

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During the upcoming festive season, the company is addingsolutions like pop-up facilities across 8 major cities in India aggregating to 1.1 million sq. ft. These additions are for its e-commerce customers spanning across fulfilment center, sort center and returns processing centers, which would ensure efficient and timely delivery to customers.

Besides this, the company has also increased its last mile reach by opening multiple last-mile delivery centers across the country. These centres are equipped to deliver more than 100,000 shipments per day for small as well as large packages.

Under its electric delivery brand EDEL, MLL will also be procuring different types and classes of electric vehicles from OEMs as it establishes a pan-India EV presence. EDel’sportfolio has been extended to 400 vehicles and would be operating across 12 major cities in India which includes Bengaluru, New Delhi, Mumbai, Pune, Hyderabad Kolkata,among others. It also plans to scale it up to 500 EV’s subjected contingent upon delivery and registration.

Mr. Rampraveen Swaminathan, Managing Director and CEO, Mahindra Logistics Limited, said, “One of the challenges faced during this festive period is the spike (3X to 5X) across categories for a very short span of time. Rapid scale-down, after the festive peak, only adds to the complexity. The key lever to manage peaks is meticulous planning. At MLL, we have created temporary capacity across the supply chain for various inputs like manpower, space, equipment, vehicles etc. We have also deepened our focus by launching new solutions like returns processing, pop-up sort centers and integrated distribution services for our clients. Being an asset-light company, we use our network of business partners for transportation and delivery. We work in a collaborative way with our customers and business partners to handle these challenges.”

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Mr. VS Parthasarathy (President – Mobility Services Sector and Member of the Mahindra Group Executive Board) has decided to leave the Mahindra Group to pursue personal interests. He desires to consult, mentor, build and scale businesses and initiatives across business, education and society in the next phase of his career. Parthasarathy will resign from the Board of Mahindra Logistics Limited (MLL) with effect from 2nd April 2021.

Dr. Shah will take over as Chairman of the MLL Board with effect from 2nd April 2021, given the importance of logistics and mobility services which are key growth areas for the Mahindra Group.

Commenting on the change, Mr. Darius Pandole, Chairman of the Nomination and Remuneration Committee of the Board said, “We would like to thank Mr. Parthasarathy for his contributions as the Chairman of the Board and welcome Dr. Anish Shah as the incoming Chairman. MLL is well poised to continue its growth strategy under the leadership of Rampraveen Swaminathan and the management team. We are confident that this will be further accelerated under Anish’s Chairmanship of the Board”.

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