German VC firm Bertelsmann Investments (BI) has acquired 80% stake in its portfolio truck aggregator startup LetsTransport
The deal would allow it to support LetsTransport by providing them access to long-term capital and governance support, and access to its global network
Post the acquisition, the logistics startup will be renamed to LetsTransport Group (LTG)
German venture capital (VC) firm Bertelsmann Investments (BI) has acquired a majority stake, 80% to be precise, in its portfolio truck aggregator startup

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