India: Snapdeal invests $20m in GoJavas to strengthen supply chain

India: Snapdeal invests $20m in GoJavas to strengthen supply chain

In March, Snapdeal bought a 20% stake in the logistics provider for Rs.120 crore. Visual from Snapdeal website.

E-commerce platform Snapdeal, owned by Jasper Infotech Pvt. Ltd, said on Wednesday that the company had invested $20 million in logistics firm GoJavas to further strengthen its supply chain.

The company, which has already invested close to $100 million in last six months in improving its last mile services, will further invest $200 million in the next 12 months.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter