In a game-changer initiative, the first Gati Shakti Cargo Terminal (GCT) at Rewari has become operational on Thursday by the Dedicated Freight Corridor Corporation of India (DFCC) in public-private-partnership (PPP) mode.
Category: CORPORATE
Western DFC: First Gati Shakti Cargo Terminal becomes operational in Rewari, Haryana
REWARI : In a game-changer initiative, the first Gati Shakti Cargo Terminal (GCT) at Rewari has become operational on Thursday by the Dedicated Freight Corridor Corporation of India (DFCC) in public-private-partnership (PPP) mode.
Pristine Malwa gets court nod for resolution plan of CCD arm
The bankruptcy court of Chennai has approved a resolution plan by Pristine Malwa Logistics Park for Sical Logistics Ltd, the bankrupt subsidiary of Coffee Day Enterprises.
Amit Kumar, Whole-time Director, Pristine Logistics & Infraprojects Limited
In a conversation with Sheetal Agarwal of IIFL, Amit Kumar, Whole-time director, Pristine Logistics & Infraprojects Limited talks about the company’s upcoming IPO and its future growth plans.
First mile to last mile
“We were in the direct firing line of exporters and importers at CONCOR during 2001-06,” recalls Amit Kumar who, along with three friends – Rajnish Kumar, Durgesh Govil, and Sanjay Mawar – set up Pristine Logistics & Infraprojects Limited
Multimodal logistics: Making India Future Ready
Initiatives announced by the government to create multimodal logistics parks and container terminals will help the logistics sector play a crucial role in propelling India to become a USD 5 trillion economy.
Rail focussed logistics in the spotlight as Pristine Logistics & Infraprojects looks set for IPO
The Indian Railways seeks to raise its modal share in freight from 27 percent to 45 percent by 2030 as part of a commitment to reduce carbon emissions. Pristine Logistics & Infraprojects is looking to tap opportunities this target entails.
Pristine Logistics in talks to raise Rs400 crore from PE investors
Mumbai: CDC-backed logistics services firm Pristine Logistics & Infraprojects Pvt. Ltd has started talks to raise up to Rs400 crore from private equity investors, at least two people aware of the development said.
“Pristine Logistics has appointed investment bank Spark Capital to advise them on the fund raise. The company has initiated the process and has started reaching out to private equity and infrastructure investors. They plan to raise around Rs300-400 crore in this round of fund raising,” said one of the two people mentioned above, requesting anonymity as the talks are private.
UTI Capital invests Rs 60 crore in Pristine Logistics & Infraprojects
NEW DELHI: UTI Capital has invested Rs 60 crore in Delhi-based startup Pristine Logistics & Infraprojects Pvt Ltd, which plans to set up inland container depots and private freight terminals under public-private partnership model of Indian Railways.
“The company has raised Rs 600 million in the first round of funding from India Infrastructure Development Fund, a private equity fund managed by UTI Capital,” Pristine Logistics’ director Rajnish Kumar said. SSKM Corporate Advisory Pv ..
CDC to buy Rs 200-crore stake in Pristine Logistics
MUMBAI: CDC Group will purchase a significant minority stake in UTI Capitalbacked unlisted freight terminal maker Pristine Logistics and Infrastructure for Rs 200 crore, the third direct investment by the British fund in India, two people with direct knowledge of the development said.
The fund typically prefers to invest in private equity funds as investor, known as limited partners in industry parlance.