Delhivery is India’s latest unicorn after closing $395-mn funding round

Binu Paul

Logistics-tech firm Delhivery Pvt. Ltd has become the newest member of India’s unicorn club after raising $395 million (around ....

6 March, 2019

SoftBank and Carlyle get CCI nod to acquire stakes in Delhivery

Kavya Kothiyal

The Competition Commission of India (CCI) has given the go-ahead to Japan's SoftBank Corp to acquire 22.44% stake in logistics ....

28 February, 2019
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Shadowfax to enter China with cross-border logistics play

Payal Ganguly

Business-to-business logistics startup Shadowfax will enter China to facilitate cross-border logistics for e-commerce players ....

21 February, 2019

E-commerce logistics firm Xpressbees raises venture debt

Binu Paul

Xpressbees, the Alibaba Group-backed e-commerce logistics company, has raised Rs 35 crore ($5 million) in venture debt from InnoVen ....

20 February, 2019

SoftBank Vision Fund to invest in logistics firm Delhivery

Vijayakumar Pitchiah

Masayoshi Son-owned technology conglomerate SoftBank has sought the approval from the Competition Commission of India for a proposed ....

16 January, 2019

Exclusive: Logistics platform Fortigo to raise fresh capital for lending foray

Kavya Kothiyal

Bengaluru-based 4TiGO, owned by Fortigo Network Logistics Pvt. Ltd, is set to raise $50 million (Rs 348 crore) in a fresh funding ....

2 January, 2019
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Flashback 2018: Regulations, automation give logistics-tech startups a leg-up

Vijayakumar Pitchiah

A combination of technology adoption, cheap data tariffs and favourable regulations helped disrupt and organise India’s ....

27 December, 2018

Logistics company Delhivery's revenue growth slows in FY18

Vijayakumar Pitchiah

Gurugram-based logistics company Delhivery Pvt. Ltd has reported a 38% rise in net sales for the year ended March 2018, with the ....

17 December, 2018

SoftBank may invest $200-250 mn in logistics firm Delhivery: Report

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank is likely to put up to $250 million (Rs 1,842.36 crore) in e-commerce logistics firm Delhivery ....

4 October, 2018

Exclusive: Logistics marketplace Blowhorn gets new cheque from MSDF

Binu Paul

Global philanthropic organisation Michael and Susan Dell Foundation (MSDF) has infused Rs 5 crore ($711,440 at current exchange ....

29 August, 2018
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Ecom Express said to clock 40% revenue growth again; can it maintain the pace?

Shweta Sharma

Ecommerce-focussed logistics company Ecom Express Pvt. Ltd recorded a 40% rise in revenue for the fiscal year through March, The ....

8 May, 2018

Logistics firm Xpressbees raises $35 mn from Alibaba

Anand J

Logistics firm Xpressbees has raised Rs 225 crore (around $35 million) in its Series D round of funding from Alibaba.com Singapore ....

30 January, 2018

Delhivery in talks to raise $100 mn from Carlyle, Fosun

Varun Arora

Gurgaon-based ecommerce logistics firm SSN Logistics Pvt. Ltd, which operates under the brand Delhivery, is in advanced talks ....

28 February, 2017

Times Internet chases $1 bn in revenue by 2022

Manu P Toms

Times Internet Ltd (TIL), the digital business arm of the country's largest media company Bennett Coleman and Co. Ltd (BCCL), ....

7 November, 2016

Is lack of exits impacting Tiger Global's Indian appetite?

Manu P Toms

From 2005, when it first set foot in India, till 2015, Tiger Global was roaring in the Indian startup jungle. The US-based asset ....

12 September, 2016

Exclusive: Parcelled co-founder moves on to Headout

Disha Sharma

Prateek Bhandari, co-founder of on-demand logistics service Parcelled, has moved on from the company to join US-based Headout ....

1 September, 2016

Exclusive: On-demand logistics startup Parcelled stops self-delivery

Disha Sharma

On-demand logistics services provider Parcelled has pivoted its business model, outsourcing its delivery services to third-party ....

15 June, 2016

Alibaba in talks with Delhivery, Xpressbees to build India logistics arm

Binu Paul

Chinese e-commerce major Alibaba Group is in talks with two Indian e-commerce logistics firms, Delhivery and Xpressbees, for potential ....

14 June, 2016

Logistics startup Locus raises $2.75M in Series A funding from Exfinity, Blume and others

Arti Singh

Logistics management platform Locus, run by Mara Labs Inc, has raised $2.75 million (around Rs 18.3 crore) in Series A funding ....

9 May, 2016

Parcelled gets $5M more from Delhivery & Tracxn

Binu Paul

On-demand shipping services startup Parcelled.in has raised $5 million (about Rs 32 crore) in a fresh round of funding led ....

26 October, 2015

Will be in four new overseas markets in next six months: Delhivery CEO Sahil Barua

Varun Arora

Founded in 2011, Delhivery has grown from a local on-demand delivery company to a full-fledged logistics services provider in ....

9 October, 2015