Avendus Capital Advises Transpole Logistics on Its Fund Raising From Everstone.

Transpole Logistics, the Delhi based logistics services provider, has concluded an INR 220 crore fund raise from Everstone Capital. In addition, some of the existing investors in the company including Fidelity Capital also partly exited their investments.

Transpole Logistics Private Limited., which provides a wide array of logistics services like freight forwarding, warehousing and distribution, is one of the fastest growing logistics company with CAGR of more than 60% over last 5 years. With 18 offices across India and international offices in Singapore, Malaysia, Hong Kong, South Korea and China and about 540 employees, Everstone’s funding will enable Transpole to create further scale on both existing and new trade lanes and expand its operations in India and international locations.

Within the sector, Transpole is poised to be one of the significant players in Asia in the coming years. “ Transpole Logistics which was founded in 2004, has seen phenomenal revenue growth in the past 8 years and is a leading player by virtue of the high growth industry verticals and geographies that it is focused on. The company provides a wide array of logistics services including freight forwarding, transportation, customs clearance, warehousing and distribution to its customers. Recently, the company has also launched custom brokerage services in India that offer end-to-end services to customers, including preparation of documents, electronic submissions, calculation and payment of taxes and duties and facilitating communications with customs.

Avendus was the sole financial advisor to Transpole on this transaction.