Maersk’s OceanPro unveils second cohort of AI, ML-based Indian start-ups

December 7, 2019: OceanPro, the start-up accelerator of Maersk for shipping the logistics industry, announced the graduation of its second cohort of Indian start-ups showcasing the artificial intelligence (AI) and machine learning (ML) led solutions developed over the last 4 months.

Stratforge, Tripz, Linkstreet and Shipmnts.com are the start-ups that showcased solutions focused on simplifying the customer payment process, optimizing the truck/ container moves, transforming the enterprise learning to make it more customized, effective and engaging, and digitising the document assessment process. The company also unveiled the third cohort consists of 4 start-ups – Entropik Tech, Senseforth, Soroco and Ocean Frogs that focuses on optimizing the brand experience and customer journey through the e-commerce platform of Maersk (Maersk.com).

Finally we have graduated from @Maersk #OceanPro Cohort-2! And we still have miles to go before Alex becomes the true logistician to #automate #global #SupplyChain functions for all stakeholders involved. #ArtificialIntelligence #MachineLearning #DeepLearning #NLP @karan_n_shah pic.twitter.com/HSiucNXBsf

— Shipmnts (@shipmnts) December 3, 2019

OceanPro launched its first set of 7 start-ups last year. “One of the solutions developed from the initial cohorts is now being used in inland tracking by 3 countries and is scheduled for a wider global roll out. Another Virtual Reality (VR) solution developed also reached 12000+ employees giving them learning experience of a Triple E vessel (one of the largest classes of container ships in the world),” said the release.

Navneet Kapoor, chief transformation officer and head of Global Service Centres, Maersk, said, “I am excited to see start-ups in the OceanPro cohort work on solving problems for our customers and for our teams around the world, at scale. One of the imperatives for OceanPro is to offer meaningful opportunities for the start-ups to accelerate their product development through direct and regular feedback from customers and end users, and I am glad that we can live up to that promise. The benefits for Maersk are real as well and we are committed to further scaling up our partnership with the thriving start-up ecosystem in India and other parts of the world.”

Sriram Narayanasami, sponsor, OceanPro and head, Global Commercial Process, Maersk, said, “At Maersk, as industry leaders we continue to foster innovation to fuel our transformation. Our OceanPro program supports this journey by leveraging the start-up expertise in building digital solutions that improve ease of doing business for our customers. We thank our start-ups for partnering in solving some important problems in our industry and we continue to be impressed by the depth of expertise that the start-ups bring with them.”