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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Interview
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Anuj Suvarna | March 25, 2025
RevX Capital is carving a niche in India’s private credit market with a focused micro fund strategy, aiming to bridge the financing gap for mid-sized businesses.
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Thimmaya Poojary | March 25, 2025
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Groyyo picks up 51% stake in US-based Oussum Inc
Press Trust of India | March 24, 2025
The Gurugram-based firm will work closely to scale private labels operating under the brands of 'Oussum' and 'Gypsie Blu' across both offline and online channels in the US.
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Press Trust of India | March 24, 2025
Stride is the third energy generation platform in India acquired by Actis after BluPine Energy and Athena Renewables.
In-focus
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Pooja Malik | March 24, 2025
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Anuj Suvarna | March 23, 2025
The Indian startup ecosystem has undergone a remarkable transformation in recent years, with entrepreneurship emerging as a mainstream career choice for young innovators.
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