Tag: Deepak Garg

Warburg Pincus bets 500 cr on logistics co Rivigo

Gurgaon-based logistics technology start-up Rivigo has scored a cheque of $75 million or Rs 500 crore led by private equity major Warburg Pincus at a time when there’s been a drastic cut back in growth stage funding this year. Having begun operations in 2014 as TruckFirst, the company servi…

Logistics sector could save $200b annually post GST

Logistics sector, which accounts for nearly 14 percent of the GDP, could see savings to the tune of USD 200 billion annually on implementation of GST, which will ensure faster movement of goods and less idle hours, say experts. With the introduction of Goods and Services Tax, many taxation proced…