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Ecom Express will be utilizing the equity infusion by CDC Group investments for strategic initiatives such as growth driven capital expenditure, working capital requirements, new business initiatives, expansions, and potential strategic acquisitions/partnerships.

Ecom Express receives $20 million follow-on investment from CDC Group

9 March 2021 1:46 PM IST

March 9, 2021: CDC Group, the UK government’s development finance institution and impact investor in South Asia and Africa, today announced that it...

Redwing Labs co-founders Arunabha BhattacharyaAnshul Sharma and Rishabh Gupta

Medical cargo drone startup Redwing Labs raises $1mn in seed round

17 Feb 2021 11:42 AM IST

February 17, 2021: The Bengaluru-based drone logistics startup Redwing Labs has raised $1million in a seed investment round led by ITI Growth...

The Chalo App offers live bus tracking showing live arrival times of the buses and a live passenger indicator that shows how crowded the bus is in real-time.

Public transport tech firm Chalo raises $7 million in recent funding

13 Jan 2021 5:13 PM IST

January 13, 2021: The public transport technology company Chalo today announced that it has raised $7 million in its latest round of funding.

In an attempt to enhance the connectivity with the industrial clusters in the state, the establishment of coastal shipping berths across the sea coast was being planned

Andhra Pradesh to encourage inland waterways, multimodality to cut logistic cost

28 Nov 2020 3:36 PM IST

November 28, 2020: The state government of Andhra Pradesh is encouraging the use of inland waterways and establishment of multi-modal logistics parks...

Flipkart Group will strengthen the range of brands offered on its e-commerce platforms Flipkart and Myntra, deepening its relationship with ABFRL.

Flipkart to buy 8% stake in Aditya Birla Fashion and Retail for ₹1,500 cr

24 Oct 2020 4:51 PM IST

October 24, 2020: The Flipkart Group and Aditya Birla Fashion and Retail (ABFRL) announced a new partnership aimed at enhancing the consumer fashion...

The projects have been approved across the states of Andhra Pradesh (7), Bihar(1), Gujarat(2), Haryana(4), Karnataka(3), Kerala(1), Madhya Pradesh(1), Punjab(1), Rajasthan(2), Tamil Nadu(4) and Uttar Pradesh(1).

India approves 27 integrated cold chain projects with ₹743 cr investment

8 Sept 2020 3:57 PM IST

September 8, 2020: in The Inter-Ministerial Approval Committee (IMAC) meetings under the Scheme for Integrated Cold Chain and Value addition...