The acquisition is expected to accelerate the company’s capabilities in last-mile delivery and fulfillment
Mahindra Logistics Ltd. (MLL), one of India’s largest Third-Party Logistics (3PL) solution providers, today announced its acquisition of a majority stake in ZipZap Logistics Private Limited, a last-mile logistics service provider operating under its brand ‘Whizzard’. The acquisition will complement MLL’s existing last-mile delivery business and EDeL, its Electric Vehicle (EV) based delivery services. Expanding technology-based last-mile services is an integral part of MLL’s growth strategy and this transaction will help accelerate the addition of technology, geographical coverage, and operational capabilities.
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