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The current developments are shaping up the next round of consolidation within the domestic CEP market where players like FedEx and UPS are testing the market dominance of DHL in India and APAC.

Delhivery–Spoton combination is not supplementary but complementary

9 Aug 2021 11:46 AM IST

August 9, 2021: Delhivery, the IPO-bound express logistics company, signed an agreement to acquire 100 percent stake in rival express logistics player...

Recently FedEx had announced an investment of $100 million and signed commercial agreements with Delhivery.

Delhivery to acquire express logistics rival Spoton for $200 million

2 Aug 2021 6:28 PM IST

August 2, 2021: The IPO bound new age domestic logistics giant and supply chain firm, Delhivery, backed by the likes of Softbank, Tiger Global...

Delhivery launches consumer-to-consumer express parcel service Delhivery Direct

17 Jun 2021 5:12 PM IST

June 17, 2021: Delhivery has launched its consumer-to-consumer express parcel service, Delhivery Direct.

Delhivery began its life as a food delivery firm, but has since shifted to a full suite of logistics services in over 2,300 Indian cities and more than 17,500 zip codes.

E-commerce logistics giant Delhivery raises $277 million ahead of IPO

31 May 2021 12:29 PM IST

May 31, 2021: Delhivery has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this year.

Delhivery provides supply chain services across India, servicing over 17,500 pin codes across 2,300 cities.

Delhivery to open two new tech offices in Bengaluru, Ahmedabad

18 Jan 2021 6:03 PM IST

January 18, 2021: The logistics services provider Delhivery has announced that it will open two new tech offices in Bengaluru and Ahmedabad, in...

The company reported Rs 2,800 crore revenue last year and now expects to grow at least 35-40 percent towards Rs 6,000-7,000 crore revenue in the next 24 months.

Delhivery to set up trucking hubs in DEL, MUM & BLR, expand fleet size to 450

26 Aug 2020 12:41 PM IST

August 26, 2020: Logistics firm Delhivery is planning to invest up to Rs 300 crore in next 24 months to expand its fleet size to 450 vehicles from the...