Amazon launches largest delivery station in Pune

E-commerce major Amazon on Thursday said it has launched its largest delivery station in the country at Pune, spread across 40,000 sq ft, to strengthen its last-mile delivery network and expedite deliveries ahead of the upcoming festive season. It added that it is expanding its delivery network in Maharashtra including cities and towns like Tuljapur, Lonar, Kolad, Shegaon, Igatipuri, Sangameshwar and Shirala.

With this expansion, Amazon has close to 200 owned and delivery service partner stations and more than 3000 'I have space' partners across Maharashtra. ************* JM Fin Equity Fund invests Rs 45 cr in Innovcare Lifesciences *JM Financial Private Equity Fund II on Thursday said it has invested Rs 45 crore (USD 6.4 million) in Mumbai-based health and wellness focused Innovcare Lifesciences.

Proceeds from the investment will support augmentation of the current product portfolio and expansion into new therapeutic areas for the company, a statement said. *********** Waaree Energies commissions 2.5 MW project for Raymond Group *Solar PV manufacturer Waaree Energies on Thursday it has commissioned 2.5 MW project for Raymond Group on group captive model to provide open access solar solution at Ahmednagar in Maharashtra.

Waaree along with Shahane Solar Power have developed the project for Raymond Group. With a capacity of 2.5 MW, the plant is expected to reduce carbon dioxide emission by around 3650 tonne per annum.

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