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StanChart PE-backed Redington acquires logistics company

Infrastructure

08 March, 2019

StanChart PE-backed Redington acquires logistics company

Redington (India) Ltd, a distributor of technology and electronics products including Apple iPhones, has acquired a 90% stake in Auroma ......

SoftBank, Carlyle invest $395 mn as Delhivery joins unicorn club

TMT

06 March, 2019

SoftBank, Carlyle invest $395 mn as Delhivery joins unicorn club

Logistics-tech firm Delhivery Pvt. Ltd has become the newest member of India’s unicorn club after raising $395 million (around Rs ......

SoftBank and Carlyle get anti-trust nod to acquire stakes in Delhivery

TMT

28 February, 2019

SoftBank and Carlyle get anti-trust nod to acquire stakes in Delhivery

The Competition Commission of India (CCI) has given the go-ahead to Japan's SoftBank Corp to acquire 22.44% stake in logistics ......

InnoVen offers venture debt to Alibaba-backed Xpressbees

TMT

20 February, 2019

InnoVen offers venture debt to Alibaba-backed Xpressbees

Xpressbees, the Alibaba Group-backed e-commerce logistics company, has raised Rs 35 crore ($5 million) in venture debt from InnoVen Capital.  The ......

SoftBank Vision Fund to pick up 38% stake in Delhivery in latest India bet

TMT

16 January, 2019

SoftBank Vision Fund to pick up 38% stake in Delhivery in latest India bet

Masayoshi Son-owned technology conglomerate SoftBank has sought the approval from the Competition Commission of India for a proposed investment into ......

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Fairfax-controlled Saurashtra Freight hunts for acquisitions in logistics

Infrastructure

21 December, 2018

Fairfax-controlled Saurashtra Freight hunts for acquisitions in logistics

Saurashtra Freight Pvt. Ltd has charted out an inorganic growth strategy, two people privy to the development told VCCircle, as ......

SoftBank may bet on Delhivery; five firms show interest in Jaypee Infratech

General

21 November, 2018

SoftBank may bet on Delhivery; five firms show interest in Jaypee Infratech

Japanese internet conglomerate SoftBank Group Corp is in advanced negotiations to invest about $450 million in logistics firm Delhivery, The ......

SoftBank eyes stake in Delhivery; VBHC Value Homes puts off IPO plan again

General

04 October, 2018

SoftBank eyes stake in Delhivery; VBHC Value Homes puts off IPO plan again

Japanese firm SoftBank Group Corp's Vision Fund is in talks to invest $200-250 million (Rs 1,475-1,844 crore) in e-commerce logistics ......

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Aavishkaar-backed logistics firm Connect India gets funding from angel investors

Infrastructure

06 September, 2018

Aavishkaar-backed logistics firm Connect India gets funding from angel investors

Logistics company Connect India E-commerce Services Pvt. Ltd has raised funding from a few wealthy individuals, two people privy to ......

MSDF pumps fresh capital into logistics marketplace Blowhorn

TMT

29 August, 2018

MSDF pumps fresh capital into logistics marketplace Blowhorn

Global philanthropic organisation Michael and Susan Dell Foundation (MSDF) has infused Rs 5 crore ($711,440 at current exchange rates) of ......