Aspada Investment Company has made a commitment of over USD $2 million to Mumbai-based Schedulers Logistics, an integrated cold-chain trucking operator that provides end-to-end cold storage and secondary distribution for India’s fresh fruit and vegetable, food processing, and pharmaceutical industries.   “We are thrilled to be working with the Aspada team given their significant experience in investing in India’s supply chain and agricultural logistics sectors. Aspada’s investment will allow us to increase our presence in underserved regions, such as the Eastern and North-Eastern states,” said Colonel Arvind Gangoly, CEO of Schedulers Logistics.   “We will continue to increase our fleet of part-truck-load and secondary distribution vehicles in order to connect small manufacturers with major market hubs. We are one of the few players operating in Tier 2 and 3 towns in India that can offer temperature controlled loads as small as 500 kg. With the investment from Aspada we will continue to build on this significantly large and underserved market opportunity,” said Akshay Sharma, Co-Founder of Schedulers Logistics.  “We believe that the cold chain market in India will grow at a brisk pace over the next five to eight years and offer opportunities for consolidation and professionalization in what is a highly unorganized space. We are excited to partner with the Schedulers team in their journey to build a large organization that will have high impact on food and pharmaceutical supply chains in India,” said Tom Hyland, Partner of Aspada Investment Advisors.