Multiples acquires minority stake in logistics company INSTANT-XP for $35M

Multiples, a private equity firm, has acquired a minority stake in InstantXP, a logistics technology company. InstantXP specializes in using advanced technology to optimize supply chains and improve operational efficiencies. The investment by Multiples is aimed at accelerating InstantXP’s growth and expanding its reach within the logistics sector. The firm sees significant potential in the logistics space, particularly in India’s rapidly growing e-commerce market. With this strategic partnership, InstantXP is expected to enhance its offerings and strengthen its market position. Multiples’ investment will provide InstantXP with the necessary resources to scale and innovate further.