Logistics Unicorn Xpressbees Picks Up Trackon
Logistics unicorn Xpressbees has acquired the New Delhi-based courier firm Trackon in an all-cash transaction to enter the SME courier space.
Source: inc42.com
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Ranjan Pai in talks for stake in FirstCry; IT hardware firms may get more time for local manufacturing
Manipal Group chairman Ranjan Pai is likely to pick up a stake in FirstCry, as part of a secondary share sale. Pais Rs 250 crore investment could come at a valuation of about $3 billion for the Pune-based ecommerce firm looking to file its draft IPO papers before the end of this year. All this and more in todays Morning Dispatch.
Source: indiatimes.com
Ecommerce Logistics firm Xpressbees acquires New Delhi-based courier firm Trackon all-cash deal
Ecommerce-focused logistics firm Xpressbees has acquired New Delhi-based courier firm Trackon in an all-cash...
Source: siliconindia.com