Tiger Logistics (India) announced that its board members have given an in-principle approval of fundraising aggregating amounts of up to ₹400 crores by issuance of equity shares, convertible instruments, or other permissible securities to finance the business growth plan.
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Tiger Logistics to raise ₹400 cr to fund business growth plan
Tiger is planning to get into EV logistics and NVOCC business as well as expand to new geographies including the Middle East, East Asia and South America.
https://www.itln.in/logistics/tiger-logistics-to-raise-400-cr-to-fund-business-growth-plan-1353961