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
NVOCC shipping software is an advanced system designed to streamline the process of shipping cargo by sea. Non-Vessel Operating Common Carriers (NVOCCs) primarily use this software as intermediaries between the shipper and the carrier. It enables NVOCCs to efficiently manage and track their shipments by automating key processes such as bookings, billings, and documentation. This shipping management software is highly scalable, allowing it to cater to small, medium, and large NVOCCs' needs. Its user-friendly interface and robust features make it an indispensable tool for any NVOCC looking to stay competitive in the shipping industry.
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