Algorhythm signed new MSA with Bajaj Electricals

Algorhythm (RIME) announced that it has signed a new master service agreement, MSA, with a Bajaj Electricals. Based in Mumbai, Bajaj Electricals is a publicly held subsidiary of the Bajaj Group, a $100 billion multinational conglomerate with operations in 40 countries, and is a global leader in automotive, consumer electronics, iron and steel fabrication, insurance, travel and finance. Under the agreement, Algorhythm’ s subsidiary, SemiCab Holdings, will provide enterprise-level shipping services through its AI-powered software platform designed to reduce the cost of service, improve delivery accuracy, and eliminate empty miles. The contract, which has already launched during the third quarter, will cover multiple large metropolitan markets across India.