Tuscan Ventures has invested in LCL Logistix, formerly LCL Agencies, one of India`s largest freight forwarders and 3PL services provider with 33 offices and 400+ employees.
This investment, which gives Tuscan Ventures a 12.45% ownership stake in LCL Logistix for an undisclosed sum, comes in the backdrop of burgeoning trade to and from India and the increasing propensity of the trade to engage professional and experienced service providers to manage their supply chains effectively.
Head quartered in Mumbai, LCL Logistix`s core product and service offering includes tailored containerised logistics solutions to all major destinations globally. In addition, LCL Logistix offers fixed weekly less than container load and project cargo handling services to all major corridors.
Tuscan Ventures specializes in value creation through operational excellence in supply chain, logistics and transportation infrastructure. With offices in Mumbai and Singapore, Tuscan Ventures` unique value proposition is to build operating businesses within the wider shipping, logistics and transportation sector in India and South East Asia, while making strategic financial investments which are synergistic to its operating businesses. Tuscan Ventures has over 40 years of combined in-house experience in the global maritime and logistics sector including container shipping, ports, supply chain management, vessel operation and management.
This investment, which gives Tuscan Ventures a 12.45% ownership stake in LCL Logistix for an undisclosed sum, comes in the backdrop of burgeoning trade to and from India and the increasing propensity of the trade to engage professional and experienced service providers to manage their supply chains effectively.
Head quartered in Mumbai, LCL Logistix`s core product and service offering includes tailored containerised logistics solutions to all major destinations globally. In addition, LCL Logistix offers fixed weekly less than container load and project cargo handling services to all major corridors.
Tuscan Ventures specializes in value creation through operational excellence in supply chain, logistics and transportation infrastructure. With offices in Mumbai and Singapore, Tuscan Ventures` unique value proposition is to build operating businesses within the wider shipping, logistics and transportation sector in India and South East Asia, while making strategic financial investments which are synergistic to its operating businesses. Tuscan Ventures has over 40 years of combined in-house experience in the global maritime and logistics sector including container shipping, ports, supply chain management, vessel operation and management.
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