![Safari Thorium Neo 8-Wheel Luggage Set Trolley Bags (Set of 3) at just Rs. 5,599 [MRP 29,100]](https://savefree.in/uploads/images/202409/image_870x580_66f63845060f0.webp?#)
UK-based group to invest $100 million in SpiceXpress
SpiceXpress and Logistics Pvt Ltd, the freighter arm hived off from SpiceJet recently, has announced that UK-based SRAM & MRAM Group will invest $100 million in it. Both the sides have signed a MoU for the investment deal. The is agreement comes on the heels of a restructuring agreement with aircraft lessor Carlyle Aviation Partner wherein the latter picked up a stake in SpiceXpress at an anticipated future valuation of $1.5 billion (Rs 12,422 crore).
SpiceXpress and Logistics Pvt Ltd, the freighter arm hived off from SpiceJet recently, has announced that UK-based SRAM & MRAM Group will invest $100 million in it. Both the sides have signed a MoU for the investment deal. The is agreement comes on the heels of a restructuring agreement with aircraft lessor Carlyle Aviation Partner wherein the latter picked up a stake in SpiceXpress at an anticipated future valuation of $1.5 billion (Rs 12,422 crore). 
![Handmade Brown Mango Wood Chopping Board At just Rs. 89 [MRP 599]](http://savefree.in/uploads/images/202303/image_870x580_641bf7e9c2206.jpg?#)
