Delhivery Ltd, India’s largest fully-integrated logistics services provider, will make a strategic investment in Vinculum, a global software leader enabling omnichannel retailing for D2C enterprises, brands, brand distributors, and quick commerce companies. The investment is the first part of a potential 2-stage deal that provides Delhivery the option to further increase its shareholding in the…
Tag: Delhivery
Delhivery appoints Vivek Kumar as Company Secretary & Compliance Officer
by
•Integrated logistics player Delhivery Limited announced the appointment of Vivek Kumar as Company Secretary and Compliance Officer of the company, with effect from June 1, 2023. According to the company’s exchange filing, “In furtherance to our earlier communication dated May 03, 2023 and pursuant to the provisions of the Regulation 30 and all other applicable…
Logistics services platform Delhivery partners with Bengaluru-based eSamudaay
by
•Delhivery Ltd., India’s largest fully integrated logistics provider, has partnered with eSamudaay, a software solution provider, to enable rural businesses to scale by serving customers across India. Coming together of Delhivery and eSamudaay, network partners of ONDC, effectively broadens the footprint of local products and aligns with the government of India’s plans of ‘Make in…
Delhivery launches a “Delhivery Training and Recruitment Program” to expand career opportunities in Logistics
by
•Delhivery, a fully integrated logistics provider, has announced the launch of the Delhivery Training and Recruitment Program, an initiative to empower young jobseekers to build a career in the logistics industry. The program ensures guaranteed jobs for recruits in entry and mid-level operational roles. The company will conduct a national entrance exam with an initial…
The Good Glamm Group strengthens its partnership with Delhivery
by
•The Good Glamm Group, South Asia’s largest content-to commerce conglomerate, has further extended its partnership with Delhivery, India’s largest fully integrated logistics provider, to implement end-to-end supply chain solutions and increase its customer satisfaction. As their long-standing supply chain partner, Delhivery has customized its services to complement the brand’s rapid growth and evolving logistics requirements.…
Delhivery acquires Pune-based Algorhythm Tech
by
•Integrated logistics player, Delhivery, announced the acquisition of Pune-based Algorhythm Tech Private Limited (Algorhythm Tech), an innovative Supply Chain Products and Solutions company. Upon completion of the acquisition, Algorhythm Tech will become wholly owned subsidiary of the Company, a statement said. According to the company’s exchange filing, “we hereby inform you that the Board of…
Delhivery appoints Aruna Sundararajan to its Board
by
•Logistic and supply chain startup Delhivery announced it has appointed Aruna Sundararajan as Non-Executive Independent Director on the company’s Board, with effect from July 8, 2022. According to the company’s exchange filing, “this is to inform you that based on the recommendations of Nomination and Remuneration Committee, the Board vide its resolution dated July 08,…
Delhivery set to expand its infrastructural footprint in Greater Mumbai and Bangalore
by
•Logistics services provider Delhivery has announced plans to expand its infrastructure in two key cities of Bhiwandi (Greater Mumbai) and Bangalore. Delhivery is collaborating with Welspun on a 7 Lakh sq ft mega-gateway in Greater Mumbai and with GMR for a 1 Million+ sq ft facility in Bangalore. The Bangalore facility also includes a warehouse…
Delhivery appoints three new independent directors
by
•Logistics & Supply Chain services platform, Delhivery, announced the appointment of three new independent board directors. The company appointed Kalpana Morparia, Romesh Sobti, and Saugata Gupta on their board of directors. Kalpana Morparia is the former Chairman of J. P. Morgan, South and Southeast Asia, and the former CEO of J.P. Morgan India. Prior to joining J.…
Logistics firm Delhivery lands $100 million from FedEx
by
•FedEx Express, a subsidiary of FedEx Corp. and an express transportation company, and Delhivery, a logistics and supply chain services company in India, have announced that FedEx Express India and Delhivery have entered into equity and commercial agreements that will utilize their combined strengths to unlock India’s international trade potential. Completion of this transaction is…
MySize Partners with Delhivery, Independent E-commerce Logistics Startup
by
•MySize Inc, the developer and creator of smartphone measurement solutions, has announced a partnership with India’s supply chain services provider, Delhivery. The company said in a statement, “MySize’s partnership with Delhivery complements the company’s well-known in-house tech solutions for visibility and other ERP processes. Delhivery’s reputation as a front-runner in delivery and logistics tech makes…
Logistics startup Delhivery raises $277 million
by
•Logistics and supply chain startup based in India Delhivery has raised $277 million ahead of planned IPO. With this funding, the supply chain services company is now valued at $3 billion. The funding round was led by Boston-based investment platform Fidelity. The new round also saw participation from GIC- a sovereign wealth fund, Chimera, and…
Pooja Gupta joins Delhivery as Chief People Officer
by
•Delhivery, India’s leading fulfilment platform for digital commerce, has announced the appointment of Pooja Gupta to its Executive team as its Chief People Officer, according to ET report. In her new role, Gupta will work with the senior leadership on organisation design and systems, developing strategic HR programs and policies, and strengthening employee experience. With…
SoftBank-backed Delhivery secures $25 million from Steadview
by
•SoftBank-backed startup, Delhivery has secured $25 million from Steadview Capital, ahead of planned IPO. The investment firm has purchased secondary shares from an early investor of the logistics firm. Founder and CEO of Delhivery – Sahil Barua believes that the funds raised from Steadview will help the company to go public in the coming twelve…