Delhivery
Food Service
Swiggy appoints 3 independent directors on its board
PTI -
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...
Big Grid
Delhivery to acquire supply chain solutions provider Algorhythm Tech
After the acquisition of Algorhythm Tech by Delhivery, it will operate as a wholly-owned subsidiary of the companyMumbai: Logistics firm Delhivery on Tuesday announced that it will acquire Pune-based supply chain solutions provider Algorhythm Tech to strengthen its offerings in...
In Focus
CA Swift Investments sells 2.5% stake in Delhivery for Rs 607 crore
PTI -
According to the data available with the National Stock Exchange (NSE), CA Swift Investments offloaded 1,84,04,607 Delhivery sharesNew Delhi: CA Swift Investments on Monday divested a 2.5 per cent stake in supply chain company Delhivery Ltd for Rs 607 crore through the...
Retail
Snapdeal's network expansion in 2020 powered by regional logistics players
Snapdeal, India’s leading value-focused e-commerce platform, has grown its network by expanding to additional 1,300 pin codes in 2020 to now cover 27,000+ pin codes across India.
The network expansion was started in May 2020 and is powered exclusively by...
Retail
Delhivery eyes IPO in one year; gets $25 mn investment from Steadview
Supply chain company Delhivery has said it will head towards the public markets in the next 12-15 months. It also said Steadview Capital has bought $25 million (about Rs 184 crore) worth of secondary shares from one of its early investors. The logistics firm,...
Retail
Delhivery to create 15,000 festive season jobs, eyes 100 pc growth
IANS -
Aiming to create 15,000 seasonal jobs, leading supply chain services provider Delhivery said on Wednesday it is geared up to ship 65 million to 75 million packages in the upcoming festive season -- almost a 100 percent growth over...
Food
Better prospects await India’s online grocery retailers post-COVID-19 lockdown, says GlobalData
While the initial days of lockdown enforced in India in response to COVID-19 crisis sent the Indian online food and grocery retailers into disarray, they were able to quickly turn things around and convert the situation into one of...
Retail
Logistics reshaping e-commerce ecosystem in India
Indian e-commerce has experienced some major changes, yet there is surety of better advancement for its future in it. It seems to be completely clear that the reasonable focus on contribution sustainability and margin will be versus the previous...
Latest News
Alibaba to assist Indian SMEs in global trading
Global e-trader Alibababa.com has announced offering Indian small and medium enterprises (SMEs) a common platform for their global trading needs.
"We have tied up with five partners to set up a Trade Facilitation Centre (TFC) programme for providing Indian SMEs...
Latest News
Shopmatic joins hands with leading e-comm marketplaces
Singapore-based e-commerce company Shopmatic announced joining hands with leading e-commerce marketplaces like Amazon, eBay, Lazada to seamlessly enable Shopmatic merchants in Singapore to develop their own webstores for a global presence and sell their products or services on these...
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Latest News
Kidswear brand Includ raises $1.5 mn in seed funding
The funding was led by Incubate Fund Asia, with participation from Escape Velocity, Abhishek Goyal (co-founder, Tracxn), and the...
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