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The Pune-based company claims that this asset-light model could help reduce the heavy capital usually needed to build up a national-level delivery network and make better use of extra warehousing and delivery capacity from a variety of businesses that otherwise might be wasted during their non-peak time.

South Africa's Naspers to invest $55 mn in Indian logistics startup ELasticRun

Our Correspondent3 Sep 2019 1:25 PM GMT

Naspers, a South African internet group and one of the largest technology investors in the world is in talks to invest $50 - 55 million in Indian...