{"id":991254,"date":"2026-02-11T08:02:21","date_gmt":"2026-02-11T02:32:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=991254"},"modified":"2026-02-11T08:07:19","modified_gmt":"2026-02-11T02:37:19","slug":"vc-fund-bertelsmann-takes-majority-stake-in-logistics-firm-lets-transport","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/11\/vc-fund-bertelsmann-takes-majority-stake-in-logistics-firm-lets-transport\/","title":{"rendered":"VC fund Bertelsmann takes majority stake in logistics firm Lets Transport"},"content":{"rendered":"<p>German media and services group Bertelsmann \u200dhas taken a majority stake in logistics platform Lets Transport, \u2060hoping to build on its presence in India as an important growth market, the head of its investment division told \u200cReuters. <\/p>\n<p>&#8220;We now \u200chave 80%,&#8221; Bertelsmann Investments CEO Carsten Coesfeld said in an interview \u200cpublished on Tuesday. <\/p>\n<p>Bertelsmann, which owns publisher Penguin Random House and is also active in services and education, has held a stake in Lets Transport since late 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>German media and services group Bertelsmann \u200dhas taken a majority stake in logistics platform Lets Transport, \u2060hoping to build on its presence in India as an important growth market, the head of its investment division told \u200cReuters. &#8220;We now \u200chave 80%,&#8221; Bertelsmann Investments CEO Carsten Coesfeld said in an interview \u200cpublished on Tuesday. Bertelsmann, which owns publisher Penguin Random House and is also active in services and education, has held a stake in Lets Transport since late 2018.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-991254","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/991254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=991254"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/991254\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=991254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=991254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=991254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}