Tano Capital to Invest US$15 Million in Shree Shubham Logistics (Asia)
Source: VCCircle | Author: Bhawna Gupta
U.S.-based alternative asset management firm Tano Capital has invested INR800 million (approximately US$18 million) in Shree Shubham Logistics (SSLL), an Indian logistics company. SSLL, which currently manages 90 warehouses in three Indian states, provides storage and preservation services. Proceeds from the investment are intended to fund the company’s geographic expansion within India.