Tag: Investment in logistics

Transportation startup Porter raises ₹140Cr in Series D funding round

Mumbai-based on-demand logistics marketplace, Porter, has recently announced it has raised ₹140Cr in Series D funding round from Lightstone Global Fund. The recent fund infusion comes at a time when logistics is a big issue for the organizations that are delivering essential services at doorstep due to ongoing lockdown. According to the company filings made…

Blackstone steps up for investment in Allcargo

US-based private equity firm, Blackstone is in talks with Indian logistics company Allcargo to buy stakes in the latter’s warehousing business for over ₹380cr. This investment is a part of the PE firm’s plan to ramp up its real-estate portfolio in India.