Date: 23/09/2022

Mahindra Logistics organises CATAPULT logistics incubator program focused on identifying technology solutions

Mahindra Logistics Ltd (MLL), one of India’s largest Third-Party Logistics (3PL) solution providers, has announced strategic collaborations with ten innovative technology start-ups during the CATAPULT Premier Day in Bangalore on Thursday. 
The CATAPULT incubator program is one of the most ambitious technology-based initiatives of Mahindra Logistics. Six cohorts of CATAPULT 2.0 have been collaborating with MLL over the last nine months and technology MVPs (pilots) were successfully piloted during this period. MVPs were focused towards developing sustainable solutions and enhancing operational efficiencies in the logistics and mobility space.
CATAPULT Cohort 2.0 covered wide technology domains like Vision tech, Advanced analytics, AI based optimiser, location-based monitoring tech and sustainable last mile delivery solutions. At the premiere day expo, ten start-ups (cohort 1 & 2) showcased their technology innovations that were validated. The technology start-ups will be integrated as part of MLL’s ‘Smart Automation Program’. These collaborations will aid in enhancing operational efficiencies through real-time deployment and strengthen this platform for future innovators in the logistics industry. 
The CATAPULT incubator focused on identifying technology solutions in the Logistics, Supply Chain and Mobility space. The technological areas of focus included: 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. A total of 1,000 start-ups registered for CATAPULT thus far, said a release.
Source: Exim News Service: Bangalore, Sept. 22