New Delhi (thestates.news)| The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Shiprocket Private Limited by KDT Venture Holdings, LLC | The Proposed Combination envisages acquisition of certain shareholding in Shiprocket Private Limited (Shiprocket/Target) by KDT Venture Holdings, LLC (KDT/Acquirer).
KDT is incorporated in the United States of America (US) and is an early-stage venture capital firm that invests in startups in countries/ geographies including the US, Israel, and the United Kingdom in the healthcare, supply chain and manufacturing, cyber security, semiconductors, connectivity, fintech, enterprise software, and energy transformation sectors. KDT is a wholly owned subsidiary company of Koch, Inc. Shiprocket operates a logistics platform whereby it provides logistics services to other businesses, domestically and internationally, through logistics service providers listed on its platform.(S-PIB)
