Warburg Pincus invests $120m in India's Ecom Express
Ecom Express, an Indian e-commerce logistics startup, has raised INR8.5 billion ($120 million) from Warburg Pincus.
The company said in a release that it will use the new funding to expand its delivery footprint in the country's rural areas, along with smaller towns. It will also improve its parcel sorting systems...
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