[Funding alert] Welspun One Logistics Parks Secures INR 1,000 Crore

Within four months of opening its second fund, Welspun One Logistics Parks, an integrated capital and growth management platform with a focus on investing in Grade-A warehouse and logistics assets, secured INR 1,000 crore.

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This strategy might result in an overall total of 16–18 million square feet across the course of the following 4–5 years, spanning both initial and final-mile operations in tier 1 and tier 2 regions, as reported by Entrepreneur.com

"Our journey in the warehousing sector has been about weaving together the vital threads of investor trust, governance, execution, timely delivery, and a relentless focus on our customers. We are deeply grateful to our investors for their unwavering faith in us, which has powered our successful second fund-raise. It's indeed heartening to be part of this dynamic growth story of India's warehousing and logistics sector, and to contribute in our way by ensuring a robust platform for investments and a commitment to deliver excellence," said Anshul Singhal, managing director, Welspun One Logistics Parks.

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"Warehousing continues to be a high conviction area for us, and we believe the industry will grow multi-fold given the government's sustained policy focus on critical transport infrastructure, manufacturing, and consumption. Welspun One remains committed to delivering best-in-class infrastructure in line with the government's vision of developing a seamless and resilient logistics system Pan-India. It is heartening to see the domestic alternatives industry growing meaningfully, channelling domestic capital toward productive investments that spur economic growth and nation-building," said Balkrishan Goenka, chairman, Welspun Group.

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About Welspun One Logistics Parks

Anshul Singhal launched Welspun One Logistics Parks (WOLP) in 2019, which provides large-format, institutional Grade A warehouse and industrial parks throughout India. WOLP is an integrated fund, asset, and development management organisation.

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