Latest news with #Alyte
Economic Times
11-08-2025
- Business
- Economic Times
Mahindra Logistics launches mobility service Alyte for urban commuting
Mahindra Logistics Mumbai: Mahindra Logistics Ltd on Monday announced the launch of its premium, and tech-enabled Business-to-Consumer (B2C) mobility service Alyte for urban commuting. The service, which offers seamless airport-to-city, in-city travel, and outstation rides, made its debut in Delhi NCR, with planned expansions across Noida International Airport, Mumbai, Bangalore, Hyderabad, and other key metropolitan cities, Mahindra Logistics Ltd said. Alyte has been serving corporate clients as part of Mahindra Logistics Mobility Enterprise Solutions by unifying all people mobility services under a single, modern brand, it said. The launch of the refreshed version strengthens the company's B2C mobility portfolio with a focus on providing safe and reliable services for an uninterrupted business-to-business (B2B), B2C, and airport travel experience, Mahindra Logistics said. "With Alyte, we are building on a trusted legacy to reimagine urban and airport mobility through a premium, tech-enabled platform that shapes the future of people mobility," said Hemant Sikka, Managing Director and CEO, Mahindra Logistics Ltd. The service offers assured rides, transparent surge-free pricing, zero cancellations, it said. Alyte offers two service categories -- Prive and Select, with Prive representing the elite offering, featuring premium electric vehicles tailored for those who prioritise comfort, sustainability, and seamless mobility. Alyte Select complements this with a curated fleet of high-quality sedans and SUVs, designed for everyday travel, it said. Rides under Alytes can be booked through the Alyte mobile app, which features an intuitive interface for hassle-free bookings, real-time ride tracking, secure payments, the company said.
Business Standard
11-08-2025
- Automotive
- Business Standard
Mahindra Logistics jumps on launch of Alyte urban mobility service
Mahindra Logistics rose 3% to Rs 331 after the company launched Alyte, a B2C mobility service targeting urban commuters. The service, launched in Delhi NCR, offers airport-to-city, in-city, and outstation rides, with expansion planned for Noida International Airport, Mumbai, Bangalore, Hyderabad, and other metropolitan cities. Alyte consolidates the company's people mobility services under one brand and includes two categories: Priv featuring premium electric vehicles, and Select, offering sedans and SUVs. Rides can be booked through the Alyte mobile application, which provides live GPS tracking, secure payments, and 24/7 human customer support. The service offers assured rides, fixed pricing without surcharges, no cancellations, and trained drivers. Alyte has previously catered to corporate clients under Mahindra Logistics Mobility Enterprise Solutions. Hemant Sikka, managing director & CEO, Mahindra Logistics, said, "Indias mobility ecosystem stands at an inflection pointdemanding new standards in safety, comfort, reliability, and service excellence. With Alyte, we are building on a trusted legacy to reimagine urban and airport mobility through a premium, tech-enabled platform that shapes the future of people mobility." Mahindra Logistics is an integrated third-party logistics (3PL) service provider, specialising in supply chain management and enterprise mobility. The company pursues an asset-light business model, providing customised and technology enabled solutions that span across the supply chain and people mobility services. On a consolidated basis, Mahindra Logistics reported net loss of Rs 10.80 crore in Q1 June 2025 as against net loss of Rs 9.32 crore in Q1 June 2024. Net sales rose 14.41% YoY to Rs 1624.59 crore in Q1 June 2025.
News18
11-08-2025
- Automotive
- News18
Mahindra Logistics launches mobility service Alyte for urban commuting
Mumbai, Aug 11 (PTI) Mahindra Logistics Ltd on Monday announced the launch of its premium, and tech-enabled Business-to-Consumer (B2C) mobility service Alyte for urban commuting. The service, which offers seamless airport-to-city, in-city travel, and outstation rides, made its debut in Delhi NCR, with planned expansions across Noida International Airport, Mumbai, Bangalore, Hyderabad, and other key metropolitan cities, Mahindra Logistics Ltd said. Alyte has been serving corporate clients as part of Mahindra Logistics Mobility Enterprise Solutions by unifying all people mobility services under a single, modern brand, it said. The launch of the refreshed version strengthens the company's B2C mobility portfolio with a focus on providing safe and reliable services for an uninterrupted business-to-business (B2B), B2C, and airport travel experience, Mahindra Logistics said. 'With Alyte, we are building on a trusted legacy to reimagine urban and airport mobility through a premium, tech-enabled platform that shapes the future of people mobility," said Hemant Sikka, Managing Director and CEO, Mahindra Logistics Ltd. The service offers assured rides, transparent surge-free pricing, zero cancellations, it said. Alyte offers two service categories — Privé and Select, with Privé representing the elite offering, featuring premium electric vehicles tailored for those who prioritise comfort, sustainability, and seamless mobility. Alyte Select complements this with a curated fleet of high-quality sedans and SUVs, designed for everyday travel, it said. Rides under Alytes can be booked through the Alyte mobile app, which features an intuitive interface for hassle-free bookings, real-time ride tracking, secure payments, the company said. PTI IAS DRR view comments First Published: August 11, 2025, 13:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
11-08-2025
- Business
- Business Standard
Here's why Mahindra Logistics' share is buzzing in trade today; details
Mahindra Logistics share price: Logistics solutions provider Mahindra Logistics shares were in demand on Monday, August 11, 2025, with the scrip rising as much as 3.99 per cent to an intraday high of ₹334.25 per share. Around 11:00 AM, Mahindra Logistics share price was trading 2.10 per cent higher at ₹328.15 per share. In comparison, BSE Sensex was trading 0.36 per cent higher at 80,146.45 levels. Why did Mahindra Logistics shares rise today? Mahindra Logistics' share price rose after the company launched Alyte, a premium, tech-enabled B2C mobility service aimed at digitally connected urban commuters. The offering covers airport-to-city, in-city, and outstation rides, blending comfort, advanced technology, sustainability, and elevated service standards. Alyte made its debut in Delhi-NCR, with planned expansions to Noida International Airport, Mumbai, Bengaluru, Hyderabad, and other key cities. The brand builds on Mahindra Logistics ' existing corporate mobility business, bringing all people-mobility services under one modern identity. This move strengthens its presence in the B2C space, with a focus on delivering safe, reliable, and seamless travel for both corporate and individual users. Besides, the bookings are managed through a new mobile app that offers real-time tracking, secure payments, and an intuitive interface for hassle-free travel. To cater to varied customer needs, Alyte offers two service tiers. Alyte Privé features premium electric vehicles for travellers seeking comfort and sustainability, while Alyte Select provides high-quality sedans and SUVs for everyday commuting. Hemant Sikka, managing director and CEO, Mahindra Logistics, said, 'India's mobility ecosystem stands at an inflection point – demanding new standards in safety, comfort, reliability, and service excellence. With Alyte, we are building on a trusted legacy to reimagine urban and airport mobility through a premium, techenabled platform that shapes the future of people mobility.' The launch reflects Mahindra Logistics' push into the premium urban mobility segment, a move that has buoyed investor sentiment. About Mahindra Logistics Mahindra Logistics Limited (MLL) is an integrated third-party logistics (3PL) provider specialising in supply chain management and enterprise mobility solutions. The market capitalisation of Mahindra Logistics is ₹3,254.62 crore, according to BSE. The company falls under the BSE SmallCap category.
