Kool-ex Partners with Indospace to Build Warehouses

Building on its pharma Cold Chain transportation expertise, Kool-ex said it is entering into warehousing, secondary distribution, passive packaging and blockchain for Pharma thereby making it an end-to-end Pharma Supply Chain player. With IndoSpace, it will build 3 warehouses in phase-1 by 2021 close to Mumbai, Delhi and Bengaluru.

Leading Pharma cold chain logistics service provider — Kool-ex — has partnered with IndoSpace to build customized, GDP/GWP compliant, temperature controlled, pharma distribution centres across the country.

IndoSpace is backed by the Everstone Group (a private equity firm focused on real estate in India and South East Asia), GLP (leading global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies) and RealTerm (a $6+ bn AUM real estate operator). IndoSpace is the largest investor, developer and manager of industrial real estate and warehousing in India.

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