CDC Group completed a $20m investment in Ecom Express.

CDC Group, the UK Government’s development finance institution and impact investor in South Asia and Africa, completed a $20m investment in Ecom Express, a tech-enabled end-to-end logistics solutions provider to the Indian e-commerce industry. "Ecom Express is playing a vital role in enabling e-commerce growth and expanding product reach across India. CDC’s additional investment in the company reflects our support for the company’s pan-India expansion, and a commitment to channelling our patient capital toward a business that aligns with our development, impact, and sustainability goals. Moreover, we are delighted that this investment will further enhance efforts India is making to meet the UN Sustainable Development Goals of achieving gender equality and empowerment, and promoting sustainable growth and decent work for all," Srini Nagarajan, CDC Managing Director and Head of Asia.