India: Apollo LogiSolutions in talks with ADV Partners, others to raise $46m


ASL is owned by Onkar Kanwar-promoted business house Apollo group

Philippines: SM buys stake in 2Go Group, enters logistics business

Conglomerate SM Investments Corp (SM) has forayed into the logistics business with the acquisition of a 34.5 per cent stake in supply chain operator 2Go Group. SM acquired over 884.4 million shares of 2Go’s majority shareholder Negros Navigation Co Inc, priced at $0.14 per share, for a total of $124.5 million…. Read more »

Singapore: Ezyhaul closes $836,120 in seed funding

Singapore-based Ezyhaul, a logistics technology startup which also maintains business operations in Malaysia, has closed a S$1.2 million ($836,120) seed investment from a group of undisclosed players in the logistics industry.