Technology

Mahindra Logistics Acquires Whizzard to Enhance Last Mile Delivery Service

Mahindra Logistics, one of India’s largest third-party logistics (3PL) solution providers, has acquired a majority stake in ZipZap Logistics, based in Hyderabad, a last-mile logistics service provider operated under the brand Whizzard. I announced that.

The company says it complements the existing last mile delivery business and EDeL, an electric vehicle-based delivery service.

MLL states that expanding the technology-based last0mile service is an integral part of its growth strategy, and this transaction will help accelerate the addition of technology, geographic scope, and operational capabilities. Whizzard operates an urban distribution network for digital commerce and last mile distribution. Today, we can seamlessly process 60 million packages annually across different segments. The company, led by Ankit Madhania and Arun Rao, has grown tenfold over the last three years, providing customers with a micro-distribution center with full-stack digital capabilities and over 3,000 PIN codes.

Rampraveen Swaminathan, MD and CEO of Mahindra Logistics, said: This association enhances and strengthens your existing presence in e-commerce and other segments. The Whizzard team has built deep features and achieved strong growth. We look forward to building an association together and providing our customers with an integrated solution. “

Ankit Mandhania and Arun Rao said: “Mahindra Logistics is one of the most respected logistics companies in India. It is our respected brand that is downstream of this brand and has a large customer base. We believe this is an important strategic advantage for such last mile delivery companies. We are excited to work with Mahindra Logistics and look forward to rapid business expansion over the next few years. “


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Mahindra Logistics Acquires Whizzard to Enhance Last Mile Delivery Service
Mahindra Logistics Acquires Whizzard to Enhance Last Mile Delivery Service
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https://www.autocarpro.in/news-national/mahindra-logistics-acquires-whizzard-to-strengthen-lastmile-delivery-services-81232 Mahindra Logistics Acquires Whizzard to Enhance Last Mile Delivery Service

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