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Investcorp Buys India’s 20Cube 3PL for About INR 500 Crore:

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2 hours ago

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HedgeCo.Net — Investcorp announced on August 19 that it has acquired 20Cube 3PL Solutions, a digital-first contract logistics platform in India, for approximately INR 500 crore. The Economic Times’ supply-chain desk, writing August 20, confirmed the same about-?500-crore check and called it a controlling stake. Founders Anand Seetharaman and Ranjan Kedia stay in place. The deal is a carve-out: India contract logistics comes out of Singapore-headquartered 20Cube Logistics, which keeps internation...

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