Ecom Express bags $20 Mn in follow-on investment from UK’s CDC Group


Content Team
Image Credit: ecomexpress

Delhi-based logistics solution provider Ecom Express, on Tuesday (March 9), said that it has received additional funding of $20 Mn (about INR 146 Cr) from existing investors CDC Group, a UK government-owned development finance institution (DFI). The announcement comes a month after the Competition Commission of India (CCI) approved the subscription to securities of the company by the UK-based investor.