Investcorp has acquired the India contract logistics business of 20Cube in a transaction valued at approximately INR 500 crore, according to a report by Prop News Time. The deal marks a significant investment in India’s rapidly growing logistics and supply chain sector.

Deal Overview

The acquisition involves 20Cube’s contract logistics operations in India, a segment that provides warehousing, distribution, and supply chain management services to businesses. The transaction is valued at around INR 500 crore, making it one of the notable deals in the Indian logistics space.

Growing Interest in Indian Logistics

India’s logistics sector has been attracting increasing attention from global investors, driven by the country’s expanding e-commerce market, manufacturing growth, and infrastructure development. Contract logistics, in particular, has emerged as a key area of focus for private equity and investment firms looking to capitalize on the sector’s long-term growth potential.

About the Companies

Investcorp is a global investment firm with a diversified portfolio across multiple asset classes and geographies. 20Cube is a logistics and supply chain solutions provider with operations spanning multiple markets. The India contract logistics business has been a key part of 20Cube’s operations in the region.

The acquisition underscores the continued momentum in India’s logistics and supply chain industry, as investors seek to tap into the country’s growing demand for efficient and scalable logistics solutions.