From the Press Release: Swastik Roadlines Private Limited , one of the leading food cargo supply chain service providers, raised growth equity financing of around US$ 10 million from India Equity Partners in return for a significant minority stake. This is the first round of equity fundraising by the company and subsequent rounds of funding are planned. Swastik has very quickly grown to become one of the leading cold chain logistics solutions service providers in India under the brand ‘Coldex’ with a fungible fleet that is expected to cross 500 vehicles shortly. The Company offers pan-India solutions to marquee clients for both long haul (primary) movement of temperature sensitive cargo as well as intra-city secondary distribution in over 55 cities. In addition, the Company offers surface transportation for specialized dry cargo. Mr. Gaurav Jain, Managing Director of Swastik, says: “We are pleased to partner with India Equity Partners in our next stage of growth. We believe that thi...