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Mahindra Logistics Share Price Jumps 4% As it Launches Alyte Urban Mobility Service in Delhi NCR

Written by: Team Angel OneUpdated on: 11 Aug 2025, 9:13 pm IST
Mahindra Logistics share price jumps 4% as it launches Alyte, a premium tech-enabled B2C mobility service in Delhi NCR, with expansion plans.
Mahindra Logistics Share Price Jumps 4% As it Launches Alyte Urban Mobility Service in Delhi NCR
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Mahindra Logistics, one of India’s largest integrated logistics and mobility solutions providers, has officially launched Alyte in Delhi NCR. Positioned as a premium and tech-enabled mobility service, Alyte is designed for modern urban commuters, offering seamless airport-to-city, in-city, and outstation rides. 

The company plans to expand the service to Noida International Airport, Mumbai, Bangalore, Hyderabad, and other major metropolitan cities.

Unified Mobility Services Under One Brand

Previously serving corporate clients through its Mobility Enterprise Solutions, Mahindra Logistics has now consolidated its people mobility services under the Alyte brand. This move aims to provide a consistent and reliable experience across both corporate and consumer segments, including airport transfers.

Premium Experience With No Surge Pricing

Alyte focuses on assured rides, transparent surge-free pricing, zero cancellations, and a premium in-ride experience with trained chauffeurs. Customers benefit from 24/7 human customer support and live GPS tracking. Bookings are enabled through the newly launched Alyte mobile app, which offers an intuitive interface, real-time tracking, secure payments, and enhanced user control.

Two Distinct Service Categories

To cater to different travel needs, Alyte offers two service options. Alyte Privé features premium electric vehicles aimed at those prioritising comfort and sustainability. Alyte Select includes a curated fleet of high-quality sedans and SUVs for everyday premium travel.

Focus On Safety, Comfort And Sustainability

According to Hemant Sikka, Managing Director and CEO of Mahindra Logistics, the mobility sector in India is at a pivotal stage, demanding higher safety, comfort, and reliability. Alyte has been developed to address these evolving needs while also focusing on sustainability through the use of electric vehicles in its premium category.

Read More: US Tariffs Put $2 Billion Indian Shrimp Exports at Risk, Exporters Appeal for Support

Mahindra Logistics Share Price Performance

As of 2:52 PM on August 11, 2025, Mahindra Logistics share price jumped nearly 4% rise in its share price following the announcement of Alyte.

Conclusion 

Overall, Alyte now is live in Delhi NCR, with rollouts to Noida International Airport, Mumbai, Bangalore, Hyderabad and other key metropolitan cities to follow.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Aug 11, 2025, 3:43 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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