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Shipwaves Online has secured a purchase order worth approximately ₹1.56 crore (₹1,56,70,678) from Hindalco Industries, the Aditya Birla Group's metals flagship, to implement an end-to-end logistics digitalization platform. The three-year engagement covers export shipment management, AI-enabled freight bill audit, and digital freight tender management for imports. Hindalco selected Shipwaves after evaluating multiple logistics technology platforms. This follows the earlier onboarding of Grasim Industries (also part of the Aditya Birla Group), strengthening Shipwaves' footprint within the conglomerate's ecosystem.
The order boosts Shipwaves' order book and validates its platform with a marquee enterprise client, though the absolute value of ₹1.56 crore is modest. Positive sentiment is likely from the Aditya Birla Group association and three-year contract visibility, but the small size of the deal limits material impact on near-term financials.