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Delhivery

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…  By Abhisar Narula New Delhi: Initial Public Offerings (IPOs) have been attracting a lot of investor...

Softbank offloads 3.8% stake in Delhivery for Rs 954 cr

Softbank's arm SVF Doorbell (Cayman) divested 3.8% of its stake in supply chain company Delhivery for Rs 954 croreNew Delhi: Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) on Wednesday divested 3.8 per cent of its stake in supply chain company...

Tiger Global offloads 1.7% stake in Delhivery for Rs 414 cr

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: Internet Fund III Pte, a fund managed by Tiger Global Management, on Wednesday divested a 1.7...

Swiggy appoints 3 independent directors on its board

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: On-demand convenience delivery platform Swiggy on Monday announced appointments...

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: Logistics firm Delhivery on Tuesday announced that it will acquire Pune-based supply chain solutions provider Algorhythm Tech to strengthen its offerings in...

CA Swift Investments sells 2.5% stake in Delhivery for Rs 607 crore

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...

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...

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,...

Delhivery to create 15,000 festive season jobs, eyes 100 pc growth

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...

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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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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