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Swarup Bose, founder & CEO of Celcius

Cold chain marketplace startup Celcius raises $500,000 in seed funding

4 Aug 2021 5:45 PM IST
August, 4, 2021: The cold chain marketplace startup, Celcius, has raised $500,000 in a seed funding round with Mumbai Angels Network, a premium...
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Recently FedEx had announced an investment of $100 million and signed commercial agreements with Delhivery.

Delhivery to acquire express logistics rival Spoton for $200 million

2 Aug 2021 6:28 PM IST
August 2, 2021: The IPO bound new age domestic logistics giant and supply chain firm, Delhivery, backed by the likes of Softbank, Tiger Global...
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The new joint venture will house all the operations of the Nordicon Group, which is the market leader in the LCL (less-than-container-load) and rail freight consolidation segment in the Nordics region

Allcargo acquires 65% stake in Swedish logistics firm Nordicon for $29 mn

31 July 2021 3:05 PM IST
July 31, 2021: Allcargo Logistics on Friday announced its second large overseas acquisition snapping up a 65 percent ownership in a $44 million joint...
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Quick Commerce market, currently led by Dunzo and Swiggy Instamart, has a penetration of 7% in the online consumables market which is expected to become 12-13% by 2025.

Quick commerce to grow 10-15x in 5 years to $5 billion market by 2025

28 July 2021 12:23 PM IST
July 28, 2021: According to the latest report Quick Commerce: A $5 billion market by 2025 launched by homegrown consulting firm RedSeer, the market...
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The agreement has been signed between managing director Rajasekaran s & executive director Abhijit Verma from Avigna Group and Tamil Nadu chief minister MK Stalin.

Avigna Group signs MoU with Tamil Nadu government to invest ₹837 crore

28 July 2021 11:16 AM IST
July 28, 2021: Avigna Industrial & Logistics Park, part of Chennai-based Avigna Group, now a 45-year-old conglomerate has signed a Memorandum of...
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The 3PL company registered 113 percent growth in overall quarterly revenue, despite the disruptions due to the second wave of Covid 19.

Mahindra Logistics’ EBITDA grows to ₹47 cr in Q1 FY22; revenue at ₹873 cr

27 July 2021 6:41 PM IST
July 27, 2021: One of India’s large 3PL solutions providers, Mahindra Logistics (MLL), today announced its consolidated financial results for the...
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PAT decreased to %u20B90.60 crore in the current quarter from %u20B90.78 crore in the same period in the previous year (%u20B90.42 crore in Q4 FY20-21).

Snowman reports ₹66 crore revenue, ₹17 crore EBITDA in Q1 FY22

27 July 2021 6:00 PM IST
July 27, 2021: During the quarter ended June 30, 2021, Snowman Logistics recorded revenue of ₹66.06 crore against ₹55.12 crore in Q1 FY20-21  and...
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Headquartered in Hamburg, Hermes is a leading global logistics services company providing logistics solutions primarily to the retail industry.

Jeena & Co forms exclusive partnership with German logistics firm Hermes

26 July 2021 3:54 PM IST
July 26, 2021: The legacy logistics company Jeena & Co. and German-based Hermes World have come together in a strategic and exclusive partnership,...
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Located on SH-07 (Viramgam Becharaji Highway), ESR Jalisana Industrial & Logistics Park will cater to expansion and consolidation needs for engineering, electronics, energy, construction, machinery, automobile, auto-ancillary, e-commerce, and 3PL companies in the region

ESR to develop Grade A industrial, logistics park in Jalisana, Gujarat

26 July 2021 2:13 PM IST
July 26, 2021: ESR has announced its plan to develop a 36.5-acre industrial and logistics park in Jalisana, an emerging industrial hub of North...
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According to a 2019 study done by the Central Institute of Post-Harvest Engineering and Technology (CIPHET), India has wasted a whopping 16 percent of its fruits and vegetables every year due to a weak cold chain infrastructure.

Demand up, but can India’s perishable logistics market deliver?

24 July 2021 11:02 AM IST
The pandemic coupled with increasing demand in Tier 1 and 2 cities and technological advancements has brought into sharp focus how investments flowing...
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35 MMLPs being implemented by MoRTH are to be developed under public-private partnership (PPP) on design, build, finance, operate and transfer (DBFOT) mode.

MoRTH to develop 35 multimodal logistics park projects under PPP

23 July 2021 10:19 AM IST
July 23, 2021: Cabinet committee on economic affairs (CCEA) mandated the ministry of road transport & highways (MoRTH) to develop 35 multimodal...
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Dhruv Kumar, deputy chief executive officer, CriticaLog

Ex-Myntra Flipkart director Dhruv Kumar joins CriticaLog as deputy CEO

22 July 2021 6:09 PM IST
July 22, 2021: CriticaLog has announced the appointment of Dhruv Kumar as deputy chief executive officer.
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