On NSE, it jumped 9.57 per cent to Rs 118.45. The express delivery and supply chain solutions firm is exploring strategies for growth to achieve its vision, it said in a regulatory filing yesterday.
"Gati is exploring the burgeoning start-up environment and looking at strategic investment in start-ups in the logistics sector," it added.
The firm has progressed "considerably" in this direction, Gati said, adding that it will "shortly" announce a strategic investment.
"We are engaging with start-ups that are aligned with our business to make a strategic investment. These alliances and investments will help us build capability and capacity," Gati's Chief Strategy Officer Dhruv Agarwal said in a statement.
This is a strategic step towards realising Gati's long-term vision of handling 1 million packages daily, he added.
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