eTRANS expands reach with RANET4U acquisition
eTrans Solutions, a leading e-logistics and fleet management company, has acquired Bengaluru-based Telematics and IoT company, Ranet4u, previously a subsidiary of Rane Holdings. Ranet4u is now a part of eTrans and is renamed eTrans t4u.
“The combined strength of eTrans and eTrans t4u will significantly enhance our reach, providing a comprehensive technology solutions portfolio with improved efficiency, and value-added services catering to diverse and wider segments across India and globally,” says Shoummo Acharya, Founder & Chairman, eTrans Solutions.
“This acquisition brings about a great strategic fit in terms of product and solutions synergy, and complementary core competencies. eTrans, a pioneer in vehicle tracking and GPS solutions since the last two decades, is now better equipped to deliver greater value with its expanded product and solutions repertoire and a wider geographical reach,” he adds.
“This acquisition brings about a great strategic fit in terms of product and solutions synergy, and complementary core competencies. eTrans, a pioneer in vehicle tracking and GPS solutions since the last two decades, is now better equipped to deliver greater value with its expanded product and solutions repertoire and a wider geographical reach,” he adds.
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LIFTING & SPECIALIZED TRANSPORT, SEPTEMBER u2013 OCTOBER 2023
