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Investigation

The untold, complete story of GoJavas and Pigeon – Part II

Who is Anand Rai? Why and how did he buy a majority stake in GoJavas? And whatever happened to the company after he did

If you’re landing here, fresh to this story, we recommend you read Part I first.

Now, let’s get on to Part II.

The buyer

The logistics business in India is a highly fragmented industry. There are local, national and international players. There are courier companies, express delivery cargo companies, next-day delivery parcel companies, third-party logistics providers, warehouse providers, road transporters, individual truckers, air cargo freight companies, shipping companies and some large companies, which do all of the above. Like the Transport Corporation of India (TCI).

Now, in the courier business,…

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