Hotline: 1800 102 2007
Hotline: 1800 102 2007
Apr, 20 2017

​Apollo logistics firm looks at fundraising for expansion plans

Raaja Kanwar, Vice-Chairman and Managing Director, Apollo International, said, "Growth in logistics-related business lines and improving IT systems within the company are a top priority."

​Apollo logistics firm looks at fundraising for expansion plans

Integrated logistics solutions provider Apollo LogiSolutions would complete its $120-million dollar fund raising plan to partly finance expansion in the domestic market.

It is also likely to unveil plans to launch an initial public offer by the end of the month.

Besides expanding warehousing space in India and overseas, the company, which is a 90 per cent subsidiary of Apollo International, part of the Onkar Kanwar-promoted Apollo group, would utilise funds for acquisition of one logistics company each in the local as well as international market.

Raaja Kanwar, Vice-Chairman and Managing Director, Apollo International, said, "Growth in logistics-related business lines and improving IT systems within the company are a top priority."

Some funds will be invested to improve liquid logistics business, he added.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Electric Vehicles (E-Vehicles)
    EVI Technologies Private Limited (EVIT), Based In New Delhi, Offers..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Quick Service Restaurants
    About Us: Line – A box of truly, madly, deeply amazing..
    Locations looking for expansion Gujarat
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Cosmetics & Beauty Product Stores
    Started in 2015, NIDO is an Early Childhood Center running..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Foreign Exchange (FOREX)
    Founded by Panaesha Capital Traders, PCEX Member has emerged as..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities