Deal Roundup: InMobi’s Glance gets Peter Thiel’s attention; another quiet week for startup funding

Team TC

In a relatively quiet week, in terms of the number of deals in India’s technology startup funding market, logistics unicorn ....

13 September, 2019

CPPIB bets $115 million on logistics unicorn Delhivery

Team TC

Delhivery, the SoftBank backed logistics company, has raised $115 million from Canada Pension Plan Investment Board (CPPIB). The ....

10 September, 2019
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CCI approves Canada Pension Board’s investment in Delhivery

Vijayakumar Pitchiah

Competition Commission of India (CCI), the country’s antitrust regulator, has given the go-ahead for the investment by the ....

22 August, 2019

Tiger Global, Falcon Edge lead Series B round in logistics technology startup Locus

Vijayakumar Pitchiah

Mara Labs Inc., a Delaware and Bengaluru-based startup that provides logistics management solutions under the brand Locus, has ....

13 May, 2019

SoftBank books profit in FY19 thanks to investments in Flipkart, OYO

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank has reaped the fruit of its Indian investments in e-commerce firm Flipkart and budget ....

10 May, 2019

SoftBank India head Sumer Juneja joins Ola, Delhivery boards

Kavya Kothiyal

Sumer Juneja, the India head of Japanese internet conglomerate SoftBank Group Corp, has joined the boards of cab-hailing company ....

5 April, 2019
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Delhivery confirms fresh funding round from SoftBank, others

Vijayakumar Pitchiah

Gurugram-based logistics company Delhivery Pvt. Ltd has confirmed that it raised $413 million (Rs 2,890 crore) in a funding round ....

25 March, 2019

IoT-powered logistics startup Transport Hub pockets seed cheque

Kavya Kothiyal

Logistics-technology startup Transport Hub said on Friday that it has raised Rs 3.5 crore (around $500,000) in seed funding from ....

22 March, 2019

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

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

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