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Delhivery

Meesho reduces logistics cost by 5% through SaaS-platform Valmo

The platform will incorporate local logistics suppliers to provide shipment services to the company, making the logistics seamless, and helping sellers on Meesho to save on operating costsNew Delhi: E-commerce firm Meesho on Wednesday said it has reduced its...

Delhivery starts operations at its Bhiwandi trucking terminal

This is Delhivery’s second mega facility after its facility in Tauru, Haryana that became operational in 2021Mumbai: Logistics operator Delhivery Ltd. on Wednesday said it has commenced operations at its largest trucking terminal in Bhiwandi, Maharashtra.This is the company's...

Delhivery Q2 loss narrows to Rs 103 cr

Total income rose to Rs 2,042.98 crore from Rs 1,883.38 crore in the year-ago periodNew Delhi: Logistics company Delhivery on Saturday said its consolidated net loss narrowed to Rs 103 crore in the second quarter ended September 30, 2023.The...

ONDC with SellerApp, Delhivery help Kanjeevaram saree weavers reach broader audience

Logistics services provider Delhivery Ltd and e-commerce analytics platform SellerApp are both partners on Open Network for Digital CommerceNew Delhi: ONDC and its partners, SellerApp and Delhivery, are helping local weavers from Kanchipuram navigate the digital marketplace, bringing them greater...

Delhivery partners with Nexus Ventures, Amazon Web Services for accelerator prog

The programme, Velocity, will help build a logistic ecosystem to enable new entrepreneurs to convert their ideas into viable, functional business solutionsNew Delhi: Logistics company Delhivery has partnered with private equity firm Nexus Ventures and Amazon Web Services to...

PE firm Carlyle offloads entire stake in Delhivery for Rs 709 cr

Carlyle through its special-purpose vehicle CA Swift Investments sold the shares of Delhivery in 11 tranchesNew Delhi: US-based private equity firm Carlyle on Thursday offloaded its entire 2.53% stake in supply chain company Delhivery for Rs 709 crore through...

Rollercoaster ride of four retail industry IPOs

These companies created a lot of hype when they listed on the bourses. But soon broke the hearts and banks of those who invested in them…  By Abhisar Narula New Delhi: Initial Public Offerings (IPOs) have been attracting a lot of investor...

Softbank offloads 3.8% stake in Delhivery for Rs 954 cr

Softbank's arm SVF Doorbell (Cayman) divested 3.8% of its stake in supply chain company Delhivery for Rs 954 croreNew Delhi: Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) on Wednesday divested 3.8 per cent of its stake in supply chain company...

Tiger Global offloads 1.7% stake in Delhivery for Rs 414 cr

Internet Fund III Pte, a fund managed by Tiger Global Management sold 1,23,63,060 shares, amounting to 1.70 per cent stake in the companyNew Delhi: Internet Fund III Pte, a fund managed by Tiger Global Management, on Wednesday divested a 1.7...

Swiggy appoints 3 independent directors on its board

The company appointed TAFE Chairman Mallika Srinivasan, Shailesh Haribhakti and Associates Chairman Shailesh Haribhakti, and Delhivery Managing Director and CEO Sahil Barua as first independent directors on the Swiggy's boardNew Delhi: On-demand convenience delivery platform Swiggy on Monday announced appointments...
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Bharti Realty to build 17 million sq. ft. of office, retail space in Delhi

The company has started construction of 6.5 million sq. ft. of commercial space, of which 3.5 million sq. ft....
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