E-commerce-focused logistics solutions provider Ecom Express has raised 850 crore ($133 million) in fresh funding from Warburg Pincus..J. Sagar Associates acted for Ecom Express with a team led by Partner Pallavi Puri along with Senior Associate Kartik Jain and Associate Pranav Gadi..AZB & Partners acted for Warburg Pincus with a team led by Delhi Partner Anil Kasturi..Ecom Express will use the proceeds from the latest round to expand its delivery footprint in tier 3 and 4 towns and cities..Ecom raised about Rs 75 crore from mid-market private equity firm Peepul Capital in September last year, according to ET.
E-commerce-focused logistics solutions provider Ecom Express has raised 850 crore ($133 million) in fresh funding from Warburg Pincus..J. Sagar Associates acted for Ecom Express with a team led by Partner Pallavi Puri along with Senior Associate Kartik Jain and Associate Pranav Gadi..AZB & Partners acted for Warburg Pincus with a team led by Delhi Partner Anil Kasturi..Ecom Express will use the proceeds from the latest round to expand its delivery footprint in tier 3 and 4 towns and cities..Ecom raised about Rs 75 crore from mid-market private equity firm Peepul Capital in September last year, according to ET.
