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Key Facts
Year: 2007
Fund: Kotak India Real Estate Fund I
Type: Entity / Enterprise level investment
Status: Exited
Summary: Warehouse development and operating company
Location: Pan-India (Mumbai, Chennai, Bangalore, Coimbatore, Delhi, Pondicherry and Kolkata)
Developer / Partner: NDR Group
NDR Warehousing specializes in the business of constructing and leasing built to suit quality warehouses. The Company owns and manages about 3.5 million sq. ft. of open and closed warehouses and has presence across Mumbai, Chennai, Coimbatore, Bangalore & Pondicherry. The Company is also expanding into metro cities of Kolkata and Delhi. Its clients include AFL, DHL, Future Group, Kuehne & Nagel, Philips and Reliance Infocomm amongst others.
The fund invested in the parent company in 2007 to support the expansion plan of the company. The fund has exited this investment
NDR Warehousing is a part of the NDR Group, which has presence across the entire logistics chain providing warehouse space, warehouse management, 3PL (third party logistics) services, container freight stations and express delivery across India.
For more information, please visit www.ndrwarehousing.com