Logistics
Sands Capital leads $70m round for India's BlackBuck
Sands Capital has led a $70 million Series C round of funding for Indian business-to-business (B2B) logistics technology start-up BlackBuck.
Everstone, Mayfield, others part exit India's SLCM
Everstone Capital, Mayfield Advisors, Nexus Venture Partners and ICICI Bank have part exited their stakes in Indian agricultural logistics and financing firm Sohan Lal Commodity Management (SLCM).
Chinese logistics robot developer Geek+ secures $14m
Chinese logistics and warehousing robotics developer Geek+ has raised a RMB100 million ($14 million) round of funding led by Vertex Ventures China.
CPPIB, CDPQ form Southeast Asia logistics partnership
Canada Pension Plan Investment Board (CPPIB) has teamed up with Caisse de Depot et Placement du Quebec (CDPQ) and Australia-headquartered property company Logos to develop logistics projects in Singapore and Indonesia.
Legend leads $36m round for China truck logistics platform
Legend Capital has led a RMB250 million ($36 million) Series C round for Fuyoukache, a Beijing-based online truck logistics platform.
Private equity-backed SF Express lists in Shenzhen
China’s largest express delivery services provider SF Express, which is backed by several PE investors, has completed a backdoor listing in Shenzhen that values the business at RMB43.3 billion ($6.6 billion).
IFC set for $60m investment in SE Asian medical player
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of $60 million to IDS Medical Systems, a Hong Kong-based healthcare industry supplier for Southeast Asia.
Azerbaijan fund commits $100m to e-Shang Redwood's Japan vehicle
Azerbaijan’s state oil fund (SOFAZ) has agreed to invest $100 million in a Japan-focused logistics vehicle being raised by e-Shang Redwood (ESR), a pan-Asian logistics services company that has a string of private equity backers.
China logistics data firm G7 raises $45m from CDB, GLP
G7, a Chinese manufacturer of smart devices for use in the logistics sector, has raised $45 million from China Development Bank Capital (CDB Capital) and Singapore-listed warehouse operator Global Logistic Properties (GLP).
Warburg Pincus leads $100m Series D for China's Yunniao
Warburg Pincus has led a $100 million Series D round for Yunniao Distribution, a platform for sourcing intercity courier services in China, followed by existing investors Matrix Partners and GSR Ventures.
China logistics: Time to deliver
The pursuit of Global Logistic Properties (GLP) is a natural consequence of more private capital entering China's transportation and logistics sector - indeed, GLP itself is managing a sizable portion of this capital
Global Logistic Properties confirms buyout bids
Global Logistic Properties (GLP), a Singapore-listed warehouse operator with a $40 billion portfolio – over half of which is based in China – has confirmed the receipt of multiple buyout offers.
China delivery start-up Shansong gets $50m Series C
Shansong, a Chinese start-up that provides intercity courier services, has raised a $50 million Series C round of funding led by SIG Asia Investment and Yi Capital.
IFC proposes $10m investment in India's Zinka Logistics
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $10 million investment in Indian logistics company Zinka Logistics Solutions.
PE-backed e-Shang Redwood buys Singapore industrial REIT
E-Shang Redwood (ESR), a pan-Asian logistics services company backed by Warburg Pincus, has moved into Southeast Asia with an agreement to buy 80% of Cambridge Industrial Trust (CIT), a Singapore real estate investment trust (REIT) with assets worth S$1.4...
Fairfax India buys controlling stake in Saurashtra Freight
Fairfax India Holdings has agreed to invest INR2 billion ($30 million) for a 51% stake in domestic logistics company Saurashtra Freight.
Warburg Pincus-backed Stellar makes Indian logistics bolt-on
Stellar Supply Chain Solutions, an Indian logistics company backed by Warburg Pincus, has taken control of refrigerated trucking specialist Kelvin Cold Chain.
China's Xianghe Capital leads $30m Series B for Lalamove
Hong Kong-based delivery start-up Lalamove has raised a $30 million Series B round of funding led by Xianghe Capital, a China-focused VC fund set by a former Baidu executive.
Indian logistics player raises $13m Series B round
Mumbai-based logistics services company Leap India has secured about $13 million in a Series B funding round led by new investors IndiaNivesh Growth Fund, Sixth Sense and TCI Ventures.
Riverside, Silverfern buy Australia's Waste Services Group
The Riverside Company and The Silverfern Group, a US-headquartered middle market investment manager that represents a set of family offices, have acquired Australia’s Waste Services Group for an undisclosed sum.
CDH leads $363m round for Chinese parcel service operator
CDH Investments has led a RMB2.5 billion ($363 million) Series A round of funding for China-based Hive Box, a self-service package drop-off and pick-up operator.
PE-backed e-Shang Redwood gets $300m pre-IPO round
E-Shang Redwood (ESR), a pan-Asian logistics services company backed by Warburg Pincus, has received a $300 million pre-IPO investment from a consortium of Chinese investors.
China truck logistics platform Huochebang raises $115m
Chinese online truck logistics platform Huochebang has raised $114.68 million in an initial Series B round of funding led by the International Finance Corporation (IFC) and All-Stars Investment.
KTB, Q Capital agree $354m exit from Korea's Dongbu Express
A consortium led by KTB Private Equity and Q Capital Partners has agreed to sell Korea-based logistics provider Dongwu Express to local conglomerate Dongwon Group for KRW420 billion ($354 million).