Tata Mo­tors picks 26 per cent stake in Truck­easy

Maritime Gateway - - Brief News -

Tata Mo­tors Fi­nance Hold­ings has picked up a 26 per cent stake in on­line freight ag­gre­ga­tor Truck­easy. Tata Mo­tors said the ac­qui­si­tion was aimed at giv­ing it in­sight into the tech­nol­ogy-driven trans­for­ma­tion in the freight lo­gis­tics space and the mar­ket dy­nam­ics of in­tra-city freight move­ment. Truck­easy cur­rently of­fers ser­vices within Bengaluru, al­low­ing users to rent light com­mer­cial ve­hi­cles through its mo­bile plat­form. Truck­easy will use the fresh cap­i­tal to spread its foot­print to more lo­ca­tions.

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