Delhivery
In Focus
Rollercoaster ride of four retail industry IPOs
These companies created a lot of hype when they listed on the bourses. But soon broke the hearts and banks of those who invested in them…Â
By Abhisar Narula
New Delhi:Â Initial Public Offerings (IPOs) have been attracting a lot of investor...
Finance and Funding
Softbank offloads 3.8% stake in Delhivery for Rs 954 cr
PTI -
Softbank's arm SVF Doorbell (Cayman) divested 3.8% of its stake in supply chain company Delhivery for Rs 954 croreNew Delhi:Â Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) on Wednesday divested 3.8 per cent of its stake in supply chain company...
Finance & Funding
Tiger Global offloads 1.7% stake in Delhivery for Rs 414 cr
PTI -
Internet Fund III Pte, a fund managed by Tiger Global Management sold 1,23,63,060 shares, amounting to 1.70 per cent stake in the companyNew Delhi:Â Internet Fund III Pte, a fund managed by Tiger Global Management, on Wednesday divested a 1.7...
Food Service
Swiggy appoints 3 independent directors on its board
PTI -
The company appointed TAFE Chairman Mallika Srinivasan, Shailesh Haribhakti and Associates Chairman Shailesh Haribhakti, and Delhivery Managing Director and CEO Sahil Barua as first independent directors on the Swiggy's boardNew Delhi:Â On-demand convenience delivery platform Swiggy on Monday announced appointments...
Big Grid
Delhivery to acquire supply chain solutions provider Algorhythm Tech
After the acquisition of Algorhythm Tech by Delhivery, it will operate as a wholly-owned subsidiary of the companyMumbai:Â Logistics firm Delhivery on Tuesday announced that it will acquire Pune-based supply chain solutions provider Algorhythm Tech to strengthen its offerings in...
In Focus
CA Swift Investments sells 2.5% stake in Delhivery for Rs 607 crore
PTI -
According to the data available with the National Stock Exchange (NSE), CA Swift Investments offloaded 1,84,04,607 Delhivery sharesNew Delhi: CA Swift Investments on Monday divested a 2.5 per cent stake in supply chain company Delhivery Ltd for Rs 607 crore through the...
Retail
Snapdeal's network expansion in 2020 powered by regional logistics players
Snapdeal, India’s leading value-focused e-commerce platform, has grown its network by expanding to additional 1,300 pin codes in 2020 to now cover 27,000+ pin codes across India.
The network expansion was started in May 2020 and is powered exclusively by...
Retail
Delhivery eyes IPO in one year; gets $25 mn investment from Steadview
Supply chain company Delhivery has said it will head towards the public markets in the next 12-15 months. It also said Steadview Capital has bought $25 million (about Rs 184 crore) worth of secondary shares from one of its early investors. The logistics firm,...
Retail
Delhivery to create 15,000 festive season jobs, eyes 100 pc growth
IANS -
Aiming to create 15,000 seasonal jobs, leading supply chain services provider Delhivery said on Wednesday it is geared up to ship 65 million to 75 million packages in the upcoming festive season -- almost a 100 percent growth over...
Food
Better prospects await India’s online grocery retailers post-COVID-19 lockdown, says GlobalData
While the initial days of lockdown enforced in India in response to COVID-19 crisis sent the Indian online food and grocery retailers into disarray, they were able to quickly turn things around and convert the situation into one of...
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Latest News
An American or a British model doesn’t work in India. It must be Indianized: Abhijeet Anand, AbCoffee
Abhijeet Anand, founder and chief executive officer of AbCoffee talks about the changing lifestyles of Indians; the future of...
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