Palred Technologies has received an approval for investment of Rs 2 crore in subsidiary company i.e Palred Technology Services. The Board of the company at its meeting held on May 30, 2019, approved the same.
Palred Technologies is a provider of software solutions for transportation and logistics industry. It offers solutions in the areas of freight forwarding industry, customs brokerage, contract logistics, shipper logistics and services. The firm also provides services like consulting, software development and system integration and implementation.