India: Logistics player JM Baxi Group in talks with PE funds to raise up to $200m

India: Logistics player JM Baxi Group in talks with PE funds to raise up to $200m

Visual from company website.

Logistics firm JM Baxi Group has started talks with private equity funds to raise $150-200 million (Rs.1,000-1,300 crore), according to two people aware of the development.

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