Palred Technologies has received an approval for investment of Rs 3 crore in subsidiary company i.e., Palred Online Technologies. The Board of Directors of the company at their meeting held on November 14, 2018, 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.