Partners Group to invest over $250 million in Ecom Express
Partners Group to invest over $250 million in Ecom Express SECTIONS Share Synopsis Founded in 2012, Ecom provides logistics services in over 2,650 towns across 27,000 pin codes in India. It delivers almost 1 million shipments per day via 2,800 delivery centres. UK’s CDC Group and Ecom's founders will hold the remainder of the equity in the Company. Partners Group, the global private markets investment manager said it has agreed to acquire a significant equity stake in Ecom Express, one of the largest providers of technology-enabled end-to-end logistics solutions to the Indian e-commerce in...
Source: indiatimes.com