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MOL Plus Expands to India, Targets Tech Startups

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Mitsui O.S.K. Lines (MOL) has opened a new corporate venture capital (CVC) office in India. This move is aimed at investing in early-stage Indian startups, particularly those focused on sustainability, deep tech, renewable energy, and logistics innovations. MOL Plus, MOL’s CVC arm, is actively seeking opportunities to invest in promising startups that can contribute to the decarbonization of the shipping industry. By expanding its presence in India, MOL aims to tap into the country’s vibrant startup ecosystem and accelerate its own sustainability goals.

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