Mahindra Logistics buys stake in startup ShipX for â¹7 crore
Mahindra Logistics has announced that the company has bought a strategic stake in freight management startup ShipX for a reported amount of up to â¹7 crore. The investment is expected to help Mahindra Logistics increase end-to-end digitisation and bring in operational efficiencies, the company said. Founded in 2008, ShipX caters to supply chain automation needs of shippers and transporters.