TOKYO, Jan 19 (Bernama-AsiaNet) — NIPPON EXPRESS HOLDINGS, INC. acquired a minority equity stake in Wiz Freight (hereinafter “Wiz”), a leading digital forwarding service provider in India, on January 12 as its third investment made via the NX Global Innovation Fund, a corporate venture capital (CVC) fund established in January 2023.
Logos:
Wiz: https://kyodonewsprwire.jp/img/202401155299-O3-27ZY3v6W
NX: https://kyodonewsprwire.jp/img/202401155299-O1-UAs7xMsJ
Profile of Wiz
Wiz, founded in India in 2020, addresses rapidly growing needs for digital cross-border supply chain services in emerging countries. The company has more than 900 employees working at over 25 offices in six countries/regions (India, UAE, Hong Kong, Singapore, Thailand, and USA). Using cutting-edge technology, the company provides digital forwarding services for the global supply chain sector.
