Tuscan Ventures invested in LCL Logistix Pvt. Ltd. (LCL), in early 2008. LCL is one of India’s largest freight forwarders and 3PL services provider with 33 offices and 400+ employees. Beginning from its roots as a service oriented freight forwarding company, LCL, over the past few years has added significant competencies to become an integrated local logistics player with global reach.
In April 2015, Tuscan successfully exited its entire holding in LCL to CMA CGM Logistics, the logistics arm of the 3rd largest shipping conglomerate, CMA CGM Group.