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Delhivery launches its Direct app in Delhi-NCR and Bengaluru, entering the hyperlocal delivery space amid sector-wide turbulence.
Logistics major Delhivery has launched its on-demand intracity shipping service, "Delhivery Direct," intensifying competition in the local delivery market.
SoftBank-backed logistics major Delhivery Ltd has forayed into the lucrative intracity segment, a competitive market dominated by players such as Porter and LetsTransport. The Gurugram-based company ...
CCI approves Delhivery's acquisition of Ecom Express for Rs 1400 crore, enhancing logistics services in Indian ecommerce industry.
Logistics giant Delhivery said it has dissolved its wholly-owned UK subsidiary Delhivery Corp. “…we would like to inform you that Delhivery Corp Limited (“Delhivery Corp”), incorporated ...
Our tech editor and self-proclaimed novice camper dishes on the outdoor gear that made the biggest difference for her.
Delhivery has factored Rs 300 crore in integration costs into the deal. The company expects limited facility retention from Ecom Express, with no new tech integration needed.
Delhivery's revenue from operations meanwhile gained nearly 6 percent on-year to Rs 2,192 crore in Q4 FY25. However, it fell over 7.8 percent from the Rs 2,378 crore revenue reported in Q4 FY25.
Delhivery also appointed Suraj Saharan, Co-founder and the current Chief People Officer of the company, as the whole-time director on its board, effective immediately.
Delhivery Limited and Ecom Express seek CCI approval for ₹1,400-crore deal, enhancing logistics services in Indian e-commerce industry.
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.
Delhivery acquires Ecom Express for ₹1,400 crore, marking a major consolidation in India's logistics sector.
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