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Amazon infuses $20 mn into logistics arm

TMT

06 November, 2017

Amazon infuses $20 mn into logistics arm

Amazon Transportation Services Pvt. Ltd, the logistics arm of e-tailer Amazon India, has received Rs 130 crore ($20 million) from ......

Mahindra Logistics' IPO covered eight times; NIA issue little changed on day 2

Finance

02 November, 2017

Mahindra Logistics' IPO covered eight times; NIA issue little changed on day 2

The initial public offering of Kedaara Capital-backed Mahindra Logistics Ltd saw good turnout on the final day, while that of ......

Startups with strong biz getting lost in crowd: Pitney Bowes' Manish Choudhary

TMT

02 November, 2017

Startups with strong biz getting lost in crowd: Pitney Bowes' Manish Choudhary

From launching the world's first postage meter to becoming a global firm powering billions of transactions, Pitney Bowes Inc. has ......

Logistics startup Rivigo ropes in former Microsoft exec Pramod Gupta as CFO

People

26 October, 2017

Logistics startup Rivigo ropes in former Microsoft exec Pramod Gupta as CFO

Gurgaon-based logistics services provider Rivigo Services Pvt Ltd has appointed former Microsoft executive Pramod Gupta as its chief financial officer, ......

Flipkart's Binny Bansal joins logistics startup BlackBuck's board

People

23 October, 2017

Flipkart's Binny Bansal joins logistics startup BlackBuck's board

Flipkart founder and group chief executive Binny Bansal has been appointed to the board of directors of business-to-business logistics startup ......

Flipkart's logistics arm earmarks $460.7 mn for investments, acquisitions

TMT

09 October, 2017

Flipkart's logistics arm earmarks $460.7 mn for investments, acquisitions

Homegrown e-commerce major Flipkart’s logistics arm eKart, which is operated by Instakart Services Pvt. Ltd, has allocated Rs 3,000 crore ......

Ecom Express hires former GE exec Mayank Gupta as CFO

TMT

25 September, 2017

Ecom Express hires former GE exec Mayank Gupta as CFO

Ecom Express Pvt. Ltd, a logistics solutions provider for the e-commerce industry, has appointed former General Electric and Maruti Suzuki ......

Shriram Transport Finance picks up 17% stake in logistics startup Freight Tiger

TMT

13 September, 2017

Shriram Transport Finance picks up 17% stake in logistics startup Freight Tiger

Commercial vehicle financier Shriram Transport Finance Company Ltd has invested Rs 6.99 crore ($1.09 million) to acquire a 17% stake ......

Logistics firm Ecom Express gets $30 mn top-up from Warburg Pincus

TMT

11 September, 2017

Logistics firm Ecom Express gets $30 mn top-up from Warburg Pincus

Delhi-based e-commerce logistics solutions provider Ecom Express Pvt Ltd has raised Rs 192 crore ($30 million) from existing investor Warburg ......

Flipkart long-timer Amitesh Jha to lead logistics arm eKart

People

31 August, 2017

Flipkart long-timer Amitesh Jha to lead logistics arm eKart

Homegrown e-commerce firm Flipkart has entrusted long-timer Amitesh Jha with leading its logistics arm eKart just ahead of the festive ......