30 Oct rivigo: With past M&As Whizzard and Meru, we have a playbook ready to onboard Rivigo: Mahindra Logistics CEO
Synopsis
Rampraveen Swaminathan, managing director and CEO of MLL, talks about the strategy that drives his company’s series of acquisitions, the tricky process of integrating companies, and the future of the relationship with Rivigo, whose B2B Express business it recently acquired.
Mahindra Logistics Limited (MLL), which is part of the USD20 billion Mahindra Group, recently acquired Rivigo’s B2B express business for INR225 crore. There have been mixed reactions from the industry on the move. Rivigo has a great technology stack, which can push MLL into the league of New Age technology-enabled logistics providers, but it has its share of challenges. Rampraveen Swaminathan, managing director and CEO of MLL, spoke to ET Prime
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