Bahrain’s Investcorp to acquire Indian e-commerce firm

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Bahrain’s Investcorp has signed an agreement to acquire Unilog, an Indian e-commerce solutions provider. Investcorp’s backing is expected to support further platform innovation and customer acquisition. The financial terms of the transaction were not disclosed. “Unilog presents an attractive opportunity, as it operates in a large and growing addressable market driven by e-commerce ladoption, which has only been further accelerated amidst COVID-19,” said Gaurav Sharma, Head of Private Equity, Investcorp India.

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