Investcorp buys India contract logistics platform 20Cube for about INR 500 crore

Reuters2026/08/19 06:50

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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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Investcorp Bank BSC published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Investcorp buys India contract logistics platform 20Cube for about INR 500 crore

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