FUNDING Logistics Platform Shadowfax Raises $60 Million from Flipkart & Others December 9th, 2019 Walmart owned Flipkart has led a $60 million Series D investment round in logistics platform Shadowfax.
ACQUISITION Airtel Acquihire Logistics Startup Quikmile November 25th, 2019 Bharti Airtel acquihire Gurgaon based Quikmile, a startup focused on building tech-enabled logistics platforms.
ACQUISITION Shopify to Acquire Warehouse Firm 6 River Systems For $450 Million September 17th, 2019 Shopify the leading multi-channel commerce platform acquires warehouse firm 6 River Systems for $450 million.
FUNDING Supply Chain Startup O4S raises $2.1 mn in funding July 11th, 2019 Three-year-old supply chain start-up O4S has raised $2.1 million in Pre Series A funding.
FUNDING Logistics startup Freight Tiger raises $8 million funding July 2nd, 2019 Freight Tiger, an AI-based logistics startup raises USD 8 million from investors like Lightspeed Venture Partners along with Alsthom Industries and Pawan Munjal Family Trust.
FUNDING TagBox raises $3.85 mn from TVS Motor May 9th, 2019 Tagbox, a cold-chain solution provider raises $3.85 million from TVS Motor.
CHINA Tmall Global Unveils New Initiatives to Boost China’s Imports March 23rd, 2019 Tmall Global Unveils two new initiatives to Boost China’s Imports
FUNDING MovingNow Raises Angel Funding From a set of Individuals March 7th, 2019 MovingNow raises angel funding
ACQUISITION Reliance acquire Logistics Services platform Grab in $15 million March 3rd, 2019 Reliance acquire Grab and C-square
ACQUISITION After CCI Clearance, SoftBank Buys 22.44% stake in Indian Logistics Firm Delhivery February 28th, 2019 Softbank vision fund acquires 22.44 per cent stake in logistics firm Delhivery.
MIDDLE EAST Kuwait Vehicle Leasing Business Will Grow More Than 9% From 2018-2023 January 10th, 2019 kuwait vehicle leasing market growth