Shipwaves Online Wins ₹1.56 Crore Logistics Digitalization Contract from Hindalco Industries

1 min read Updated on 13 Mar 2026, 03:38 PM

Reviewed by

Radhika SScanX News Team

Overview

Shipwaves Online Limited has won a ₹1,56,70,678 logistics digitalization contract from Hindalco Industries Limited, announced on March 13, 2026. The three-year engagement covers end-to-end export shipment management, AI-enabled freight bill audit, and digital freight tender management solutions. This contract strengthens Shipwaves Online's presence within the Aditya Birla Group ecosystem and validates its enterprise-ready technology platform for global manufacturers seeking supply chain digital transformation.

*this image is generated using AI for illustrative purposes only.

Shipwaves Online Limited has secured a significant purchase order worth ₹1,56,70,678 from Hindalco Industries Limited to implement a comprehensive end-to-end logistics digitalization solution designed to enhance Hindalco's export and freight management operations. The order was disclosed on March 13, 2026, under regulatory requirements to BSE Limited in accordance with Securities and Exchange Board of India (SEBI) Listing Regulations.

Contract Details and Scope

The engagement represents a strategic partnership where Shipwaves Online will deploy its advanced platform to support Hindalco across several key areas of logistics management over a three-year period.

Parameter:	Details
Order Value:	₹1,56,70,678
Client:	Hindalco Industries Limited
Contract Duration:	Three years
Solution Type:	End-to-end logistics digitalization

Technology Solutions and Features

Under the contract, Shipwaves Online will implement multiple technology-driven logistics solutions:

End-to-End Export Shipment Management: A centralized system for planning, documentation, tracking, and execution of export shipments
AI-Enabled Freight Bill Audit: Automated validation of freight invoices to improve cost accuracy and reduce revenue leakage
Digital Freight Tender Management for Imports: A transparent and structured digital platform for managing freight procurement and tendering across logistics partners

Strategic Significance

Hindalco, a flagship metals company of the Aditya Birla Group, selected Shipwaves Online after evaluating multiple logistics technology platforms and recognizing the company's specialized capabilities in digitizing global freight operations. For Shipwaves Online, the collaboration strengthens its presence within the Aditya Birla Group ecosystem, following the earlier onboarding of Grasim Industries on its platform.

Market Context

Industry observers note that the adoption of digital freight management platforms is gaining momentum as companies seek to streamline global supply chains, improve transparency, and optimize logistics costs. The contract validates Shipwaves Online's technology as a scalable and enterprise-ready solution for global manufacturers looking to modernize their logistics infrastructure.

Company officials stated that securing a marquee enterprise client like Hindalco reinforces Shipwaves Online's position as a trusted technology partner for large industrial organizations seeking digital transformation in supply chain and freight management.

Historical Stock Returns for Shipwaves Online