Month: December 2019

10 December 2019

CDC Group makes $36m equity investment in Ecom Express

Gurugram, Tuesday, 10 December, 2019: Ecom Express Private Limited, CDC Group, the UK’s development finance institution and impact investor in South Asia and Africa, today announced that it has closed a $36 million equity investment in Warburg Pincus backed Ecom Express, one of the fastest-growing tech enabled end to end Indian logistics company. Ecom Express is renowned for its speed, safe and reliable nation-wide express delivery services for the e-commerce industry. Ecom Express’s expansive network is best in the industry, reaching over 90% of the India’s population, with more than 85% of