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Pharma-focused logistics firm Kool-ex taps PEs, strategic players for growth capital

Infrastructure

07 October, 2020

Pharma-focused logistics firm Kool-ex taps PEs, strategic players for growth capital

Kool-ex Cold Chain Ltd, a logistics services provider that focuses on the pharmaceutical sector, is in advanced stages of talks ......

Podcast: VC-backed Blowhorn's CEO on logistics-tech's outlook and more

TMT

19 August, 2020

Podcast: VC-backed Blowhorn's CEO on logistics-tech's outlook and more

Mithun Srivatsa, co-founder and chief executive officer of Blowhorn, says technology was the “saviour” as logistics-technology companies responded to the ......

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Why Quess Corp decided to sell its last-mile logistics business

Infrastructure

18 August, 2020

Why Quess Corp decided to sell its last-mile logistics business

Fairfax-controlled Quess Corp Ltd is all set to disengage from the last-mile logistics space that it says runs mostly on ......

Adani, Gateway Distriparks resolve dispute related to Snowman Logistics acquisition

Infrastructure

06 July, 2020

Adani, Gateway Distriparks resolve dispute related to Snowman Logistics acquisition

Adani Ports and Special Economic Zone Ltd and Gateway Distriparks Ltd have resolved their dispute over the cancellation of the ......

Former Fairfax India exec's PE fund backs logistics firm in third bet

Infrastructure

23 June, 2020

Former Fairfax India exec's PE fund backs logistics firm in third bet

Convergent Finance LLP, the private equity firm floated by former Fairfax India executive Harsha Raghavan, will invest $14.1 million (nearly ......

Fosun-backed LetsTransport pockets second venture debt cheque within a month

TMT

16 June, 2020

Fosun-backed LetsTransport pockets second venture debt cheque within a month

Diptab Ventures Pvt. Ltd, which operates last-mile-based intra-city logistics marketplace LetsTransport, has raised Rs 10 crore ($1.31 million at current ......

Mapletree buys into KSH Infra logistics park near Pune

Infrastructure

15 June, 2020

Mapletree buys into KSH Infra logistics park near Pune

Pune-based KSH Infra Industrial Park Pvt. Ltd has agreed to sell 700,000 square feet of a 1.2 million sq ft ......

Gateway Distriparks starts arbitration against Adani for scrapping Snowman deal

Infrastructure

22 May, 2020

Gateway Distriparks starts arbitration against Adani for scrapping Snowman deal

Gateway Distriparks Ltd, a publicly listed logistics services provider, has begun arbitration proceedings against Adani Ports & Special Economic Zone ......

CPPIB-backed IndoSpace Core raises $133 mn in debt funding

Infrastructure

13 May, 2020

CPPIB-backed IndoSpace Core raises $133 mn in debt funding

Warehouse developer IndoSpace Core has raised Rs 1,000 crore (around $132.7 million) in the form of a debt facility from ......

Adani Ports scraps deal to acquire Gateway's stake in Snowman Logistics

Infrastructure

11 May, 2020

Adani Ports scraps deal to acquire Gateway's stake in Snowman Logistics

Adani Ports & Special Economic Zone Ltd has scrapped a deal to acquire Gateway Distriparks Ltd’s entire shareholding in Snowman ......