The Indian logistics sector is turning out to be a hot destination for private equity investors, with the government allowing foreign direct investment (FDI) in multi-brand retail. In a recent development, three private equity (PE) majors — said to be ChrysCapital, Everstone Capital and Tata Capital — have joined the race to acquire minority stake in Delhi-based Transpole Logistics, a Rs 500-crore company with presence across India, China, South Korea and Southeast Asia. Avendus Capital is advising Transpole on the […]