Patel Logistics raises funds from Mauritius-based asset manager Frontline Strategy

Industry:    2015-11-30

MUMBAI: Patel Integrated Logistics has raised funds from Mauritius-based asset manager Frontline Strategy , as one of the oldest transportation and logistics firms in India plans to ramp up its ecommerce business. The Mumbai-based company, which has tied up with ecommerce giant Amazon last year for air cargo alliance and deliveries of goods and articles, will use the funds to open new offices and warehouses across the country . Frontline has invested about Rs 19 crore in the c ..

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