Logicap, a logistics platform backed by private equity firm Alta Capital, has acquired warehousing assets from Singapore's Xander Investment Management for approximately ₹1500 crore. The deal, announced on August 9, 2026, adds warehouses in three major metropolitan areas to Logicap's portfolio, expanding its footprint in India's logistics sector according to livemint.com.
The acquisition involves two separate deals covering warehouses in key retail and manufacturing hubs. Logicap, which was founded four years ago, has rapidly grown through a combination of ground-up developments and strategic buyouts. This latest purchase increases Logicap's total warehousing space to about 25 million square feet, enhancing its capacity to serve India's growing logistics demand, livemint.com reported.
This transaction underscores the increasing investor interest in India's logistics infrastructure amid rising e-commerce and manufacturing activities. Logicap's expansion through acquisitions like this one positions it alongside other major players in the sector. The deal also reflects a broader trend of private equity firms investing heavily in logistics assets to capitalize on the sector's growth potential, as noted by livemint.com.
Following this acquisition, Logicap's portfolio now stands at roughly 25 million square feet of warehousing space across India. The company continues to strengthen its presence in critical industrial and retail hubs, with this deal marking a significant milestone in its growth trajectory, according to livemint.com.