Kuwait’s Agility invests in India’s e-commerce platform Shiprocket – The National

Kuwait’s Agility invests in India’s e-commerce platform Shiprocket – The National

A unit of Kuwait-based Agility, one of the largest logistics companies in the Middle East, has invested in India's last-mile delivery aggregator and order management platform Shiprocket.

The investment by Agility Ventures, the company's corporate venture capital arm, was used to help the New Delhi-based company to expand in the Middle East, Agility said in a statement on Monday.

The investment is part of Agility’s strategy to expand in digital logistics and e-commerce across high-growth markets through in-house development, acquisitions and investment in start-ups, said Henadi Al-Saleh, Agility chairwoman and head of Agility Ventures.