Shipwaves Online Limited Secures Rs. 1,56,70,678 Purchase Order from Hindalco Industries for Logistics Digitalization Solution

1 min read Updated on 12 Mar 2026, 12:33 PM

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Radhika SScanX News Team

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Overview

Shipwaves Online Limited has secured a Rs. 1,56,70,678 purchase order from Hindalco Industries Limited for a three-year logistics digitalization solution. This marks Hindalco as the second Aditya Birla Group company to adopt Shipwaves' platform after Grasim Industries. The comprehensive solution includes end-to-end export shipment management, AI-enabled freight bill audit, and digital freight tender management for imports, validating Shipwaves' enterprise-grade capabilities for large manufacturers.

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

Shipwaves Online Limited has announced securing a substantial purchase order worth Rs. 1,56,70,678 from Hindalco Industries Limited for implementing a comprehensive, end-to-end logistics digitalization solution. The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Strategic Partnership Details

The three-year domestic contract marks a significant milestone for Shipwaves, as Hindalco becomes the second company from the Aditya Birla Group ecosystem to adopt the Shipwaves platform. This follows the earlier onboarding of Grasim Industries, strengthening Shipwaves' presence within the conglomerate.

Parameter:	Details
Order Value:	Rs. 1,56,70,678
Client:	Hindalco Industries Limited
Contract Duration:	Three Years
Nature:	Domestic Contract
Solution Type:	End-to-end logistics digitalization

Platform Capabilities and Features

Hindalco selected Shipwaves after evaluating multiple technology platforms, recognizing the value of Shipwaves' differentiated capabilities in digitizing and optimizing global freight operations. The comprehensive solution will support Hindalco with three key functionalities:

End-to-End Export Shipment Management: Enabling centralized 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 structured and transparent platform for managing freight procurement and tendering across logistics partners

Market Validation and Growth Prospects

The adoption of the Shipwaves platform by Hindalco validates the scalability, reliability, and enterprise-grade capabilities of Shipwaves' technology for large global manufacturers. This engagement demonstrates the growing adoption of digital supply chain and freight management platforms by leading global enterprises.

Securing a marquee enterprise such as Hindalco represents an important step in Shipwaves' growth journey and reinforces the company's positioning as a trusted technology partner for large industrial and manufacturing organizations seeking to modernize their logistics operations. The contract further establishes Shipwaves' credibility in serving major corporations with complex logistics requirements.