India-based supply chain and logistics services provider Holisol has received $10m in funding from CLSA Capital Partners, the investment unit of diversified financial services conglomerate CLSA, IamWire has reported.
Founded in 2009, Holisol operates warehouses across 14 locations and offers logistics services to e-commerce companies such as fashion and lifestyle online retailer Jabong, which itself is reportedly in talks to be acquired by e-commerce company Amazon.
Holisol will use the capital to open additional warehouses, boost its last-mile delivery network and acquire supply chain services.
Software development and data processing company Datavision Systems invested $1.5m in Holisol in August 2014.