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Ashwini Container IPO opens today: GMP among key details to know before subscriptionAshwini Container Movers' Rs 71 crore IPO opens on December 12. The Maharashtra-based logistics firm will sell 50 lakh shares. Proceeds wil...- Celcius Logistics enters pharma cold supply chain with Rs 50 crore investmentCelcius Logistics has launched Celcius+, a specialized logistics arm for the pharmaceutical supply chain, investing ₹50 crore to create a d...
- Celcius raises Rs 100 cr in a funding round led by IvyCap VenturesCelcius owns over 4,500 reefer vehicles, seven distribution centers, 107 cold storage facilities, and more than 100 hyperlocal riders.
- Cold chain solution providers need innovation to meet the demand of food industryTraditionally cold chain has implied refrigerated trucks moving products from one point to the other. Typically these refrigerated trucks w...
- Daimler India unveils new set of commercial vehicles & busesDaimler India Commercial Vehicles (DICV) rolled out six new trucks -- BSafe Express reefer truck (for transportation of vaccines), 1917R, 4...
- Omega Seiki partners TRANS ACNR for refrigerated containerised electric vehiclesOmega Seiki Mobility Pvt Ltd on Thursday announced a partnership with Transport Air-Conditioning and Refrigeration (TRANS ACNR) for jointly...
- India bets on frozen food buyers moving away from ChinaA huge opportunity has opened up mainly in east Asian nations, which are looking for alternative suppliers for frozen food, Harsimrat Kaur ...
- Snowman Logistics announces opening of open offer on stake buy by Adani LogisticsThe open offer for additional 26 per cent stake of over 4.34 crore equity shares at Rs 44 a share, will close on March 4, Snowman said in a...
- Gateway Distriparks, Snowman Logistics rise up to 7% on stake saleGateway Distriparks said that the transaction will be completed on or before March 31, 2020.
- Adani Unit to Buy Majority Stake in Snowman LogisticsThe Adani Group company will buy the 40.25% stake of Gateway Distriparks for a consideration of Rs 296 crores. At Rs 44 per share, the deal...
- Sixth Sense Ventures anchor investor in AVG Logistics' IPOThe logistics company is listing its shares on NSE Emerge, the stock exchange’s platform for small and medium enterprises.
- Snowman Logistics bets big on IKEA dealThe Swedish company, which also runs a food restaurants chain, recently forayed into India with the plan to open the first store in Hyderab...
- Schedulers Logistics raised Series- B round from GVFLSchedulers was founded in 2012 by industry veterans Akshay Sharma and Colonel Arvind Gangoly. In 2014, Schedulers raised Series A capital f...
- Government sanctions 30 cold chain projects with Rs 725 crore outlayA total of 138 integrated cold chain projects were approved by the government, out of which 108 have been sanctioned so far, and remaining ...
- Government launches toll free number for perishable food transportersThe facility is available 24x7 for all transport operators of horticultural, livestock, dairy, pharmaceutical and other refrigerated goods.
- Gateway Distriparks arm Snowman Logistics plans Rs 200 crore IPOThe city-based Snowman will be issuing 42 million equity shares or 25.3% of the promoters' holdings, through the process.
- GATI back in black; stock rallies 7% on strong Q1 resultsConsolidated revenue rose 22 per cent to Rs 366.9 crore from Rs 302 crore in the same period last fiscal, a company release said today.
- 10-15 new cold chain projects to be completed this fiscal: Food Processing SecretaryTotal project cost of these 49 projects is Rs 1,072.82 crore out of which Rs 380.41 crore are government grants, and private investments ar...
- Government approves Rs 231 crore for additional 30 cold chain projectsThe government today approved an investment of Rs 231 crore to for an additional 30 cold chain projects in the country.
- Cold play's set for a crackleBooming food retail’s turning the cold chain hot. With the market pegged at Rs 8k-10k cr, logistics companies believe going cold is the way...
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