Logistics

Nexus Ventures III owned 7% of the Gurugram-based integrated third-party logistics service provider at the end of the June quarter.

JSW Infrastructure Ltd. has agreed to buy a 70.37 per cent stake in BSE-listed Navkar Corporation for INR 1,012 crore, or INR 95.61 per share.

India's logistics sector stands on the brink of transformation, driven by cutting-edge technologies, advancements, and robust infrastructure development.

In the initial phase of this partnership, Magenta Mobility will deploy electric vehicles for Kuehne+Nagel's logistics operations across India.

With the raised funding, the Hyderabad-based platform will fuel Navata SCS's mission to revolutionise India's supply chain industry.

Technology plays in driving innovation, efficiency, and growth within the spheres of e-commerce and logistics, elucidating how technological advancements are revolutionizing traditional practices and paving the way for unprecedented opportunities.

The start-up has served over 1.5 crore customers. It has 7.5+ lakh driver-partners on board and is present in 20+ cities across India

Pidge is a next-generation logistics platform which also offers an interoperable hybrid network of 3PL delivery partners, and empowers businesses to digitize, aggregate and elevate the delivery experience.

Developing MMLPs is a key initiative of the Indian government to improve the country's freight logistics sector by enabling efficient inter-modal freight movement to lower overall freight costs and time

The funds raised will be utilized in expanding the team, improving the technology, developing new efficient products and brand building

The partnership aims to revolutionise the e-commerce landscape and introduce capability to deliver shipments via drones

This expansion will act as a catalyst in ensuring a holistic growth of the intra-city logistics ecosystem and contributing to generating employment opportunities for driver-partners and offering economical and efficient solutions backed by technology to the customers

The latest infusion of funds will enable Agraga to expand operations across India from its current presence in 3 cities to over 15 cities by March 2024

Logistics companies showcase positive growth numbers even when e-commerce companies are facing bad weather. Experts explain how

The fund raised will be used towards increasing fleet size, expanding to new geographies and to enhance technology

This investment will be made through a secondary purchase from an early investor in the company

The minister said that logistics has become the centerpiece of India's policy making in its journey towards becoming a developed nation and a leader in international trade

The fund raised will be used to expand the national footprint and for the hiring purposes

The fund raised will be used towards building the region's largest fulfilment network

The company reportedly said that it had successfully integrated with sellers and was ready to begin intercity express parcel movement, catering to over 18,400 pin codes in the country

Smartr is addressing the market demands to reduce the overall cost of logistics by utilizing optimum technology for efficient, speedy, and on-time delivery