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Delhivery
Delhivery SSN Logistics Private Limited started its operations as a last-mile logistics provider in Delhi-NCR (National Capital Region) in 2011. Founded by Sahil Barua, Mohit Tandon, Suraj Saharan, Bhavesh Manglani, and Kapil Bharati, it is among India's leading logistics and supply chain services companies today.
It provides a range of services, such as warehousing, transportation, freight, and order fulfilment, and has expanded its footprint globally, establishing cross-border shipping solutions to facilitate international e-commerce trade.
In 2012, it raised $1.5 million in Series A funding, expanded to two cities, handling 50,000 shipments/month. In 2013, it raised $6 million in Series B funding.
In 2014, Delhivery raised $5 million in funding from Nexus Venture Partners in its Series B funding round.
In 2015, Delhivery raised $85 million in its Series D funding round, led by Tiger Global Management, and by 2017, it reached 12,000+ pincodes and 1,200+ cities. Later in 2019, SoftBank's investment made them India's first unicorn that year.
In May 2022, the company launched its IPO, making a tepid debut in the stock market. For the financial year 2022-23, Delhivery reported a revenue of Rs 7,225 crore.
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Insurance
Putting a premium on AI use to transform insurance
Brand Solutions | February 20, 2025
A great technology partner is one who can take care of all the backend complexities and deliver a great customer experience. Karthik Kanagaraj of ICICI Prudential Life Insurance found the right partner in Amazon Web Services (AWS).
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Artificial Intelligence
Shellkode, scaling big dreams from small towns
Brand Solutions | February 20, 2025
Armed with a mission to marry profitability with purpose, Shellkode’s Arun Kumar is not just building a cloud and artificial intelligence (AI) business, but also creating new opportunities for talent in small towns.
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News
Drone maker ideaForge Technology invests in US-based Vantage Robotics
Press Trust of India | February 20, 2025
The partnership also intends to explore scaling up the delivery capacity of Vantage Robotics’ drones while also enabling synergistic go-to-market strategies, it said.
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Funding
NOTO Ice Cream raises Rs 15 Cr for pan-India expansion
Akshita Toshniwal | February 20, 2025
NOTO Ice Cream plans to use the funds to launch innovative flavours and formats for the summer season, along with expanding on quick commerce platforms.
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AI Gen
Amazon’s Genius Move at Mahakumbh: A Marketing Hack Like No Other!
Nucleus_AI | February 20, 2025
Amazon has long been known for pushing the boundaries of marketing, but this year, they took things to an entirely new level at the Mahakumbh Mela
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Opinion
How financial technology is empowering kirana stores to compete on a bigger stage
Kunal Jhunjhunwala | February 20, 2025
Kirana stores are not dinosaurs; they are resilient and adaptable. Given the right tools—digital payments, microloans, and online storefronts—they can thrive in a tech-dominated world.
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Technology
Mid and small-sized enterprises adopting GCC model, says study
Team EnterpriseStory | February 19, 2025
The white paper of Alvarez & Marsal notes that GCC can now be a operated as a micro model
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AI Gen
Four Pillars of AI Prompting by OpenAI’s President Greg Brockman —Master AI Like a Pro!
Nucleus_AI | February 19, 2025
Artificial Intelligence (AI) is a powerful tool, but to get the best results, you need to ask the right questions in the right way. OpenAI's president