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A strategic win for Delhivery In contrast, Delhivery has reported relatively stable financials. The company posted revenues of ₹8,142 crore in FY24 and narrowed its losses to ₹249 crore.
FedEx Express, a subsidiary of delivery services giant FedEx, is investing $100 million in Indian startup Delhivery as the global firm looks to expand its presence in the South Asian country ...
D elhivery Acquires Ecom: New-age logistics company Delhivery Ltd on Saturday, April 5, informed that it will acquire its rival Ecom Express in an all-cash deal worth Rs 1,407 crore. This comes ...
Logistics major Delhivery has entered the on-demand transportation and delivery services for both businesses and individuals with a new app, Delhivery Direct.. Under this, Delhivery will offer ...
Delhivery’s adjusted EBITDA loss reduced 89% YoY to INR 25 Cr in the quarter under review. While adjusted EBITDA margin improved to -1.3% from -12.5% in the year-ago quarter, it contracted on a ...
Delhivery, India's leading logistics player, has shown strong revenue growth. Despite its high EV/Ebitda multiple, recent profitability improvements and stock correction make it one to watch.
The 442-page draft prospectus (PDF) submitted by Ecom Express last month said the startup had shipped 514.41 million packages in the fiscal year ended March 2024, while Delhivery handled 740 ...
Delhivery expects rapid commerce business to generate ₹80-100 crore by fiscal end Delhivery’s profit after tax zoomed 114% year-on-year to ₹ 25 crore in the December quarter, marking its ...
Shares of Delhivery, an Indian logistics startup backed by SoftBank Group , rose as much as 7.6% in their market debut on Tuesday, giving the company a valuation of 379.60 billion rupees ($4.89 ...
Delhivery’s Part Truckload revenue grew 22 percent YoY to Rs 462 crore in Q3FY25 from Rs 379 crore in the year-ago period. Its volumes saw a robust volume growth of 17 percent YoY to 412,000 MT ...
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