JustDeliveries Raises Rs 50.5 Mn from VC Grid and NABVentures for Growth
JustDeliveries, a new-age cold chain logistics startup redefining mid-mile logistics for India’s food and beverage sector, has raised Rs 50.5 million funding in a round co- led by VC Grid and NABVentures. Investors included LetsVenture, Anay Ventures, FAAD Network and others. The capital infusion elevates JustDeliveries’ total funding to $2 million (approximately Rs 150.9 million), further enabling its mission to bring structure and reliability to India’s $200 billion logistics landscape, where 90 per cent of operations remain unorganized and prone to inefficiencies. The funds will ..
BEML Acquires Land in Chhattisgarh for New Plant
BEML Limited, a prominent public sector undertaking under the Ministry of Defence and a key player in defence and heavy equipment manufacturing, has unveiled a major expansion initiative with the acquisition of land in Chhattisgarh for a new manufacturing facility.According to a regulatory filing dated 9 May, the Chhattisgarh state cabinet has approved the allotment of 100 acres of land to BEML in the Janjgir-Champa district. The land has been allocated at a token rate of Re 1 per acre, paving the way for the establishment of a modern manufacturing unit focused on Heavy Earth Moving Equipment...
Adani Launches India's First Hydrogen Cargo Truck
The natural resources division of Adani Enterprises has flagged off what it claims to be India’s first hydrogen fuel cell-powered truck, marking a major step toward cleaner and greener transportation in the logistics sector.Launched in Raipur by Chhattisgarh Chief Minister Vishnu Deo Sai, the hydrogen truck will be deployed to transport coal from the Gare Pelma III block to a state-run power plant. The initiative is part of Adani’s broader plan to gradually phase out diesel vehicles across its logistics operations.Developed through collaboration between Adani Natural Resources (ANR) and Ad..
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