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Maersk’s OceanPro announces graduation of second cohort of India-based tech startups

These startups co-developed solutions focused on simplifying the customer payment process, optimizing the truck/ container moves, transforming the enterprise learning to make it more customized.

ET Online|
Updated: Dec 05, 2019, 11.07 AM IST
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The company also unveiled the startups that form a part of the third cohort, which will focus on e-commerce platforms of Maersk.
BENGALURU: OceanPro by Maersk, the startup accelerator within the shipping and logistics industry, on Wednesday announced the graduation of its second cohort of startups showcasing the AI, ML led solutions developed by them over the last 120 days. The company also unveiled the startups that form a part of the third cohort.

OceanPro successfully launched its first set of 7 startups last year, that saw approximately 50% conversion to a production scale solution provider. One of the solutions developed from the initial cohorts is now being used in inland tracking by 3 countries. Another Virtual Reality (VR) solution developed also reached 12000+ employees giving them learning experience of a Triple E vessel.

Navneet Kapoor, Maersk’s Chief Transformation Officer and Head of its Global Service Centres, said in a statement, “One of the imperatives for OceanPro is to offer meaningful opportunities for the startups to accelerate their product development through direct and regular feedback from customers and end users.”

Sriram Narayanasami, The OceanPro Accelerator Program Sponsor and Global Commercial Process Head, Maersk, said in a statement, “At Maersk, as industry leaders we continue to foster innovation to fuel our transformation. Our OceanPro program supports this journey by leveraging the startup expertise in building digital solutions that improve ease of doing business for our customers.”

The graduation ceremony of second cohort witnessed the 4 startups: Stratforge, Tripz, Linkstreet, and Shipmnts.com showcase solutions for an industry faced with multiple manual interfaces and increasing demand for customization that help improve customer experience. These startups co-developed solutions focused on simplifying the customer payment process, optimizing the truck/ container moves, transforming the enterprise learning to make it more customized, effective and engaging, and digitising the document assessment process.

The third cohort focuses on e-commerce platforms of Maersk (Maersk.com). The third cohort consists of 4 startups – Entropik Tech, Senseforth, Soroco and Ocean Frogs.

Maersk.com is currently among the world’s largest B2B transaction sites with an average hourly revenue of $1.45 million.

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