Panorm Facilitates Successful Fundraise for Ramohan Shetty Group's Warehousing Projects in Mumbai-Pune Belt
The warehousing industry in India has experienced remarkable growth and transformation, playing a critical role in the supply chain management of various sectors, including manufacturing, retail, e-commerce, agriculture, and logistics. Panorm recognizes the potential of this sector and has successfully raised an undisclosed amount for Ramohan Shetty Group (RS Group) for their warehousing projects in the Mumbai-Pune belt.
The warehousing industry in India has witnessed significant growth, driven by factors such as the rise of e-commerce, the implementation of the Goods and Services Tax (GST), and the increasing focus on organized retail. These factors have resulted in a growing demand for efficient storage and distribution facilities throughout the country.
Panorm, with their expertise in financial advisory services, facilitated the equity raise for RS Group’s warehousing projects from a prominent private equity (PE) fund in India. The raised capital will accelerate the completion of the under-construction warehousing facilities, enabling RS Group to tap into a promising market in the upcoming financial years. This fundraise signifies that RS Group will have a ready warehouse inventory of over 2 million square feet within the next 18-24 months. Commenting on the successful fundraise, spokesperson for Panorm, stated, “We are delighted to have played a crucial role in raising funds for Ramohan Shetty Group’s warehousing projects in the Mumbai-Pune belt. The significant demand for warehousing facilities in this region, coupled with the trust of the investors, showcases the immense growth potential of this sector. We believe that this fundraise will enable RS Group to strengthen their market position and cater to the evolving needs of businesses in the region.”
The successful fundraise for RS Group’s warehousing projects highlights Panorm’s commitment to delivering comprehensive financial solutions and capitalizing on emerging opportunities in the warehousing industry. With their expertise and network, Panorm empowers companies to realize their growth potential and contribute to the overall development of the sector.
The warehousing industry in India has witnessed significant growth, driven by factors such as the rise of e-commerce, the implementation of the Goods and Services Tax (GST), and the increasing focus on organized retail. These factors have resulted in a growing demand for efficient storage and distribution facilities throughout the country.
Panorm, with their expertise in financial advisory services, facilitated the equity raise for RS Group’s warehousing projects from a prominent private equity (PE) fund in India. The raised capital will accelerate the completion of the under-construction warehousing facilities, enabling RS Group to tap into a promising market in the upcoming financial years. This fundraise signifies that RS Group will have a ready warehouse inventory of over 2 million square feet within the next 18-24 months. Commenting on the successful fundraise, spokesperson for Panorm, stated, “We are delighted to have played a crucial role in raising funds for Ramohan Shetty Group’s warehousing projects in the Mumbai-Pune belt. The significant demand for warehousing facilities in this region, coupled with the trust of the investors, showcases the immense growth potential of this sector. We believe that this fundraise will enable RS Group to strengthen their market position and cater to the evolving needs of businesses in the region.”
The successful fundraise for RS Group’s warehousing projects highlights Panorm’s commitment to delivering comprehensive financial solutions and capitalizing on emerging opportunities in the warehousing industry. With their expertise and network, Panorm empowers companies to realize their growth potential and contribute to the overall development of the sector.