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Delhivery narrows loss after tax 78% YoY, 44% QoQ to ₹89 cr in Q1 FY24
4 Aug 2023 8:06 PM ISTExpress Parcel shipment volumes grew 19 percent YoY to 182 million in Q1 FY24 from 152 million shipments in Q1 FY23.
Vinculum completes first tranche of Series C funding
27 July 2023 4:01 PM ISTThe funding round, comprising a mix of equity and debt, was spearheaded by logistics services provider, Delhivery.
Delhivery, Mystore partner to drive growth for rural entrepreneurs
8 Jun 2023 4:27 PM ISTThrough ONDC, Mystore's e-commerce platform is leveraging Delhivery's extensive pan-India network of over 18,500 pin codes to offer affordable and...
Volvo delivers 325th tractor-trailer to Delhivery; signs for 200 more
28 April 2023 2:21 PM ISTVolvo Trucks and Delhivery joined hands together in 2019 when the first FM 4x2 tractor-trailer solution was introduced for express cargo logistics.
Abhik Mitra moves on from Delhivery after Spoton integration
21 April 2023 11:17 AM ISTHe previously served as chief executive of Spoton and played an instrumental role in the merger with Delhivery.
Zypp raises $25 mn led by Taiwanese battery swapping platform Gogoro
10 Feb 2023 12:06 PM ISTWith this fund, Zypp Electric will expand its EV scooter fleet from 10,000 to 2 lakh and widen footprint to 30 cities by Dec 2025.
Delhivery to acquire supply chain software firm Algorhythm for ₹14.90 cr
21 Dec 2022 1:06 PM ISTAlgorhythm offers end-to-end supply chain planning, execution products to FMCG, pharma, steel, auto and telecom sectors.
BVC appoints Vipin Tokas as Chief Operating Officer
30 Nov 2022 4:45 PM ISTWith over 15 years of experience in leadership roles across the Indian startup ecosystem, Vipin will run several leadership functions and lead BVC's...
Welspun One, GMR to help Delhivery expand infra in Mumbai, Bangalore
22 Jun 2022 5:22 PM ISTThese automated trucking terminals will be operational by 2023 and will increase Delhivery's capacity in South and West.
Delhivery ends Day 1 on bourses with 10% gain
24 May 2022 5:41 PM ISTStocks allotted at Rs 487, opened marginally higher at Rs 495; trades of over 14 million on the NSE.
Delhivery IPO subscribed 1.63 times; QIBs bail out offer
13 May 2022 9:29 PM ISTRetail portion was under-subscribed: out of 11 million shares on offer, bids were received only for 6 million shares.
Delhivery Rs 5,200 cr IPO in Rs 462-487 band
5 May 2022 11:46 AM ISTDelhivery has reported a loss of Rs 891cr for the nine months ended December 31, 2021 on total income of Rs 4,911cr