Pune: Mahindra Logistics Ltd concluded the fourth edition of its Catapult Incubator Program – Catapult 4.0. The initiative, aimed at empowering startups, has enabled eight pioneering companies to develop and implement tech-driven logistics solutions addressing real-world business challenges.
The participating startups collaborated with Mahindra Logistics to develop solutions across drones, smart warehousing, advanced material handling equipment, computer vision, and sustainability. Their innovations, designed to enhance efficiency, resource utilization, and supply chain optimization, were showcased at the Catapult 4.0 Premiere Day, attended by industry leaders.
Catapult serves as a comprehensive incubator, equipping startups with go-to-market strategies, business model development, and leadership mentorship. Through its co-working environment and collaborative ecosystem, participants gain access to product validation, industry expertise, and partnerships with global technology companies.
Furthering its commitment to fostering young talent, Mahindra Logistics also launched Catapult Techathon 2.0, an eight-week competition designed to engage college students in developing technology-based solutions for logistics challenges.
Rampraveen Swaminathan, Managing Director & CEO, Mahindra Logistics Ltd., remarked, “The future of logistics is being transformed by technology, with organizations increasingly embracing digital innovations in supply chain management. As the global software market is projected to reach $24.19 billion by 2028, Mahindra Logistics remains committed to integrating future-ready, tech-driven solutions. CATAPULT 4.0 reflects our dedication to fostering innovation in logistics. Congratulations to all the participants—we look forward to shaping the future of the industry together.”
Breakthrough Innovations from Startup Collaborations
The event showcased groundbreaking solutions from Tarsyer, Vecros, Tokere, Ignomagine, Electrike, Quargos, KaviRise, and Nebularc. Key takeaways from startup leaders include:
Tarsyer’s AI-powered logistics solutions, designed to improve visibility, control, and safety, paving the way for autonomous operations.
Quargos’ urban logistics innovation, the QARGOS F9 CLV, which bridges the gap between two- and three-wheelers, offering a 225-liter cargo capacity, 100kg payload, and a 150km range, reducing urban logistics costs by up to 90%.
Ignomagine’s AI-driven warehouse solutions, the EnMac series, designed to enhance efficiency, accuracy, and scalability without disrupting existing workflows.