Entreprenuernewsnetwork

ONDC network partners, Delhivery and eSamudaay, come together to enable rural businesses to take flight

February 7, 2023 by Entreprenuernewsnetwork

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 … Read more

D2C brands leverage Delhivery extensive warehousing network and supply chain capabilities to drive better customer experience

January 30, 2023 by Entreprenuernewsnetwork

Delhivery, India’s largest fully integrated logistics provider, has scaled its engagement with many D2C brands, including The Souled Store, a casual wear brand, and Nestasia, a home-decor company through its full suite of integrated services designed to meet evolving customer requirements. While Nestasia and The Souled Store initially used Delhivery’s express parcel services, both now … Read more

Delhivery Training and Recruitment Program” to expand career opportunities in Logistics

January 18, 2023 by Entreprenuernewsnetwork

Delhivery, India’s largest 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 … Read more

Delhivery to acquire Algorhythm Tech to strengthen integrated Supply Chain Solutions offering

December 20, 2022 by Entreprenuernewsnetwork

Delhivery, India’s largest fully-integrated logistics service provider, will acquire the Pune-based Algorhythm Tech Pvt. Ltd. that delivers intelligent planning & optimization solutions for enterprise supply chain operations. The company said the transaction is expected to be completed by 31st Jan 2023. This would be a 100% acquisition post which Algorhythm Tech will operate as a … Read more

Delhivery Limited Reported Revenue From Services Of Rs. 1,796 Cr In Q2FY23

November 13, 2022 by Entreprenuernewsnetwork

Delhivery Limited (NSE: DELHIVERY, BOM: 543529) reported revenue from services of Rs. 1,796 Cr in Q2FY23, up 22% YoY from Rs. 1,474 Cr on a reported basis and up 9% YoY from Rs. 1,644 Cr on a pro forma basis in Q2FY22. Loss after Tax in the same period narrowed from Rs. 643 Cr in … Read more

Tech startup Awign raises $15 million in Series B funding

August 27, 2022 by Entreprenuernewsnetwork

Work fulfillment platform Awign, which is based in Bengaluru, has earned $15 million in a Series B round that was co-led by Bertelsmann India Investments and Amicus Capital Partners. It also received funding from Mynavi Corporation, Unitus Ventures, and the Michael & Susan Dell Foundation. Annanya Sarthak, Gurpreet Singh, and Praveen Sah, three IIT graduates … Read more

Delhivery raises Rs 2,347 crore ahead of IPO

May 13, 2022 by Entreprenuernewsnetwork

Unicorn in logistics On Tuesday, a day before its shares open for bidding on May 11 as part of its initial public offering, Delhivery raised Rs 2,347 crore from 64 anchor investors, a mix of marquee domestic and international investors (IPO). The anchor investors received 48 million shares at a price of Rs 487 per … Read more

Logistics unicorn Delhivery files for Rs 7,400 Cr IPO

November 2, 2021 by Entreprenuernewsnetwork

According to papers with the Securities and Exchange Board of India (SEBI), logistics unicorn Delhivery has filed for an initial public offering (IPO) to generate up to Rs 7,400 crore. Delhivery is the latest Indian startup to go public, capitalising on investor interest in technology-driven firms. Founded in 2011, Delhivery has established itself as the … Read more