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In 2008, LCL Logistix received private equity funding from Tuscan Ventures, a unique investment company exclusively focused on the logistics and transportation space in India. Consequent to this investment, Tuscan Ventures is a 15% shareholder in LCL Logistix.
Tuscan Ventures has in-house operating skills and specializes in value creation through operational excellence. Founded by senior logistics and PE industry professionals, Tuscan Ventures' unique value proposition is to invest growth capital in high potential companies, consult on strategy and M&A and build operating businesses within the wider shipping, logistics and transportation sector in high growth economies.
These funds are being used by LCL Logistix to develop infrastructure assets based logistics and SCM capabilities, like Container Freight Station (CFS) and warehousing, which will compliment the service oriented freight forwarding business.
Tuscan Ventures has a unique investment philosophy in combining cash with hands-on assistance. The Tuscan team strives to leverage its 40 years of combined operational expertise and strong industry network towards LCL's advantage.
Mrs. Shagun Kapur Gogia, Director, Tuscan Ventures, has a seat on the board of LCL Logistix.
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