MLL Express Services Private Limited (Formerly known as Meru Travel Solutions Private Limited) is a wholly owned subsidiary of the Company and provides B2B express logistics services under the brand name ‘Rivigo by Mahindra Logistics’. It has a pan-India network of operations currently covering over 19,000 pin codes across the nation.

MLL Mobility Private Limited (Formerly known as Meru Mobility Tech Private Limited) is a wholly owned subsidiary of the Company. It is in the business of providing B2C transportation services and corporate transportation solutions to companies in various sectors such as BPOs, Banking, IT, and ITeS in ride hail segment. MLL Mobility also has a large number of Electric Vehicles in its fleet.

Lords Freight (India) Private Limited (Lords), our 99.05% subsidiary, provides international freight forwarding services for exports and imports, customs brokerage operations, project cargo services and air charters. With an established global network of agents in China, South Korea, Southeast Asia and Western Europe, Lords has developed capabilities in providing end-to-end cross-border services, including freight movement through ocean and air, custom clearance, transportation to transit warehouses and mother warehouses.

V-Link Freight Services Private Limited is a wholly owned subsidiary of the Company, based out of India with a branch office in Dubai. It will undertake supply chain management activities starting with Air Charter business in Dubai. It will help us establish international presence and unlock next phase of growth.

ZipZap Logistics Private Limited (Whizzard), an associate company, is a tech-enabled last-mile delivery logistics company, which operates an intracity distribution network for digital commerce and last-mile delivery services. With its full-stack digital capabilities and over 125 micro-distribution centres, Whizzard caters to 3,000+ pincodes across India. We acquired a 60% stake (on fully diluted basis) in Whizzard on 22 December 2023.

2×2 Logistics Private Limited, our 55% subsidiary, provides logistics and transportation services to Original Equipment Manufacturers (OEMs) to carry finished automobiles from the manufacturing/ assembly locations to stockyards or directly to the distributors through specially designed vehicles. It owns and operates 150+ vehicle carriers and has us as its primary customer.