SmartShift by Mahindra completes one year, builds “inclusivity” to disrupt intra-city logistics space
Oct 22, 2016: SmartShift, the technology enabled load exchange platform, a part of the Mahindra Group completed its one year of service in the intra-city logistics space. Within one year of its launch, SmartShift has become the preferred choice for over 10,000 stakeholders, clocking approximately 1,200 transactions every day. As its next milestone, SmartShift aims to create a community of 1 million stakeholders in 3 years.
Currently operational in Mumbai and Hyderabad, SmartShift plans to extend its services to two more cities during the current financial year, as part of its overall expansion plan across India.
The first intrapreneurial startup incubated within the Mahindra Group, SmartShift combines the process, governance and discipline of a large mature business with the tenacity, nimbleness and fierce competitiveness of a start-up. The young team strongly leverages the multi-disciplinary mentorship of the Mahindra group and an unmatched privileged access to 150 Mahindra group companies, working as a seamless logistics solution partner in the ‘One Mahindra’ ecosystem.
Speaking on the occasion of SmartShift’s first anniversary, Kausalya Nandakumar, CEO, SmartShift said, “over the last one year SmartShift has become the preferred choice for transporters and customers alike by consistently delivering on its customer value proposition of enhancing the spirit of entrepreneurship amongst transporters and enabling an improved business productivity amongst its customers. Going ahead we will continually focus on nurturing customer relationships and moving beyond mere transactional business, to add significant value to the lives of our customers.”
Since its inception in October 2015, SmartShift has continuously strived to deliver enhanced business productivity for its stakeholders. Towards its endeavour of “Business ko Lift Karo”, it has tied up with various collaborators such as Lendingkart, who provide collateral-free loans to business owners; Mahindra Insurance Brokers Limited who provide discounts on vehicle insurance and Indian Oil Corporation Limited to provide fuel incentives to transporters.
