CDC Group invests $36 million in Ecom Express

Date posted: Wednesday 11 December 2019

CDC Group, the development finance arm of the UK government has invested $36 million for an equity stake in e-commerce logistics firm Ecom Express. T.A. Krishnan, Co-founder and Chief Executive Officer of Ecom Express said in a statement, “The infusion of capital will help us further expand our delivery footprint in connecting towns and rural centers across the country.”

(Live Mint)