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Welspun One marks first exit from maiden fund

Infrastructure

12 March, 2024

Welspun One marks first exit from maiden fund

Homegrown logistics and warehousing assets investor Welspun One has made the first exit from its maiden fund, which was launched ......

KKR to acquire Leap India to boost Asia infra play

Infrastructure

02 August, 2023

KKR to acquire Leap India to boost Asia infra play

Global private equity major KKR & Co said Wednesday it has agreed to pick up a majority stake in logistics solutions company Leap India, a ......

Delhivery widens losses; revenue drops in Q3

Finance

10 February, 2023

Delhivery widens losses; revenue drops in Q3

Logistics company Delhivery widened its losses along with a drop in its revenue in the last quarter amid a challenging ......

Bain Capital affiliate sells J M Baxi stake to Hapag-Lloyd

Infrastructure

26 January, 2023

Bain Capital affiliate sells J M Baxi stake to Hapag-Lloyd

Global private equity firm Bain Capital said its affiliate has sold its stake in logistics platform J M Baxi Ports ......

Porter offers second ESOP liquidation worth $6 mn

Infrastructure

25 January, 2023

Porter offers second ESOP liquidation worth $6 mn

Intra-city logistics provider Porter has announced its second employee stock option (ESOP) liquidity plan worth Rs 50 crore (around $6.1 ......

Mapletree Investments acquires KSH Infra's logistics asset

Infrastructure

22 December, 2022

Mapletree Investments acquires KSH Infra's logistics asset

Singapore-based Mapletree Investments on Thursday, acquired the remaining assets of a logistics park owned by KSH Infra Industrial Park Pvt ......

Delhivery to acquire Pune-based Algorhythm Tech

TMT

20 December, 2022

Delhivery to acquire Pune-based Algorhythm Tech

Logistics company Delhivery on Tuesday, said it will acquire Pune-based supply chain software firm Algorhythm Tech Pvt. Ltd. for Rs ......

Xpressbees narrows losses, turns operationally profitable in FY22

Finance

15 November, 2022

Xpressbees narrows losses, turns operationally profitable in FY22

Logistics provider Xpressbees, operated by BusyBees Logistics Solutions Pvt. Ltd, narrowed its net loss to Rs 27.1 crore for FY22 ......

GIC, ESR Group form JV for industrial, logistics assets in India

Infrastructure

03 November, 2022

GIC, ESR Group form JV for industrial, logistics assets in India

Singapore's sovereign wealth fund GIC and ESR Group Ltd, on Thursday announced forming a $600 million joint venture in a ......

Shiprocket's revenue climbs 70% in FY22

TMT

26 October, 2022

Shiprocket's revenue climbs 70% in FY22

Logistics unicorn Shiprocket has logged a 70% year-on-year (YoY) jump in its topline at Rs 611 crore in the year ......