Bertelsmann takes control of LetsTransport in first deal under new India platform
German media and investment group Bertelsmann has taken a controlling stake in digital trucking marketplace LetsTransport, marking the start of a buy-and-build strategy focused on acquiring and expanding founder-run companies in India. The German investment firm has acquired an 80% stake in LetsTransport, which will be rebranded as LetsTransport Group, marking the first investment under…
