Ratan Tata, one of India’s most prominent business leaders and philanthropists has invested in Mailit, a technology driven Mailroom Management and Logistics company.
Mailit offers Courier, Cargo, 3PL, Mail Room Management Digital solutions and Postal services to leading corporates and several blue chip companies in the Tata Group.
Mailit’s strategy focuses on building India’s first digitally Integrated Logistics & Mailroom Solutions (IL&MS) platform bringing much needed consolidation, enhanced efficiency and visibility to a fragmented market place.
IL&MS by Mailit is a digital interplay of Mailroom Management, Logistics and Distribution. The company said Mailit is seeking to bring disruptive changes to the logistics landscape and will focus on consolidating the entire value chain bringing seamless end-to-end distribution with real-time visibility thereby reducing the overall logistics & distribution costs.
Mailit has plans to launch 500 Mailrooms across India in addition to establishing fully mechanised Warehouse & Distribution Centers in the next five years.
With the government reiterating its commitment to strengthening the infrastructure sector, Tata believes the Mailit IL&MS platform will bring in cost optimisation, build operational efficiencies in the supply chain and create employment opportunities across India.
Speaking on Tata’s investment, Mahesh Shirodkar, Founder & CMD of Mailit said, “We are truly thankful to Shri Ratan Tata for showing faith in us and investing in Mailit. It opens up a wider growth prospect for us and we intend to scale-up the operations across geographies. With our state-of-the-art operations and trained professionals backed by the use of the most innovative technologies available today, Mailit expects an upward trajectory from here on.”