CDC Group Plc, the UK government’s development finance institution, has made an equity investment of $36 million (Rs 255.36 crore) in Warburg Pincus-backed logistics firm Ecom Express Pvt. Ltd. — VCCircle

AZB & Partners advised Ecom Express Private Limited and Warburg Pincus group led by a team of senior partner Anil Kasturi, partners Nandita Govind and Anisha Shridhar, and associates Prerana Malhotra, Paulose Abraham, Sarthak Sood and Arpit Agarwal.

Platinum Partners acted for CDC Group.

Update 30 March 2020: J Sagar Associates (JSA) advised the promoters of Ecom Express led by a team of partner Pallavi Puri and senior associate Pooja Thomas.

2019-12-11

Deal value: INR 250 Crores (approx.)

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