Shreeji Translogistics Ltd. (STL), an India-based surface logistics and parcel delivery service provider, announced the incorporation of TKD Digitrans Tech Private Limited on September 16, 2022.
“STL is happy to announce the incorporation of TKD Digitrans Tech Private Limited (TKD Digitrans) as its 51% subsidiary. One of the primary agenda of TKD Digitrans is to acquire identified assets and liabilities of TKD Communications LLP, which has an app named TKDost on Google Play Store to build a bridge between Transporters, Truck Owners and Agents and helps in arranging loads/ vehicles from anywhere in India. This app presently serves over 7,000 active users and has over 80,000 number of load post,” according to the statement.
Commenting on the announcement, the Management team of Shreeji Translogistics Limited, said “We are proud to announce the incorporation of TKD Digitrans Tech Private Limited with a 51% stake to capitalize on significant opportunities that lie ahead of us in the logistics space. This incorporation and planned subsequent acquisition will help us in strengthening our position and enhancing our capability as tech-oriented logistics solutions provider. We believe the digital focus combined with our impeccable record of execution will enable us to grow faster and in a sustainable manner. With this development we move a step forward in reaching our goal of becoming a completely tech oriented logistics solution provider in India and serve us newer markets and newer clients.”
Shreeji Translogistics Limited (STL) was incorporated in 1984, headquartered in Vashi, Navi Mumbai.
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