Mahindra launches tractor rental services app Trringo

VCCircle_TrringoMahindra & Mahindra Ltd launched a tractor rental services business on Monday, as two consecutive droughts in India damped farm equipment sales. India’s biggest tractor maker said it will initially invest Rs 10 crore in the new venture, named Trringo, which will have an app for farmers to hire equipment. Trringo will be launched in […]

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M&M enters intra-city logistics aggregation with SmartShift

Mahindra & Mahindra has launched an intra-city logistics marketplace to connect cargo owners with transporters. Christened SmartShift, the new digital platform will first go live in Mumbai followed by other cities, M&M said in a press statement. M&M claims that it is India’s first conglomerates to initiate a digital mobility platform that’s ‘completely under its […]

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Mahindra Group buys BabyOye; TinyOwl in talks with existing backers Sequoia & Nexus to raise $5M more

Mahindra Group, which runs one of the country’s largest offline stores chain for baby and infant products, has acquired Mumbai-based startup Nest Childcare Services Pvt Ltd, which runs e-commerce site for baby related products under Babyoye.com. “And Babyoye is now a part of the Mahindra Group. Welcome Babyoye #1500 followers,” tweeted Anand Mahindra, chairman and […]

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