Investcorp buys India contract logistics platform 20Cube for about INR 500 crore
Reuters2026/08/19 06:50- Investcorp acquired India-based 20Cube 3PL Solutions for about INR 500 crore, backing founders Anand Seetharaman and Ranjan Kedia.
- Deal carves out India contract logistics from Singapore-headquartered 20Cube Logistics, which will retain its international freight-forwarding business.
- 20Cube operates more than 7 million square feet of warehousing in India, targeting over 20 million square feet within four to five years.
- Investcorp plans a further INR 500-750 crore of acquisitions with 20Cube to build a pan-India contract logistics platform.
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