Business News
Deepak Kapoor, Saugata Gupta to Exit Delhivery Board Under Rejuvenation Plan
The board exits are scheduled to take effect on April 1, 2026.
delhivery
Business News
Swiggy Board Sees Exit of Independent Director Sahil Barua, CEO of Delhivery
The decision comes as Barua finds himself unable to devote adequate time to board responsibilities amid growing demands at Delhivery.
Business News
Multiples Acquires Minority Stake in INSTANT-XP
The investment aims to accelerate the company's growth, enhance technological capabilities, and expand its service offerings.
Business News
Nexus Venture Partners Sells 1.06% Stake in Delhivery for Over INR 344 Cr
Nexus Ventures III owned 7% of the Gurugram-based integrated third-party logistics service provider at the end of the June quarter.
Business News
Welspun One Targets New Age Warehousing with Second Fund’s INR 2,275 Cr Raise
Fund 2 has already committed nearly 40% of its investible capital across four investments. It expects to commit the remaining capital over the next 3–4 quarters.
Business News
Avendus Launches Future Leaders Fund III with a Target AUM of USD 350 Mn
The Mumbai-based fund plans to make 10–12 investments with an average allocation of INR 200–300 crore per investment, targeting sectors such as financial services, consumption, digital and technology, healthcare, and manufacturing.
Business News
Delhivery To Make a Strategic Investment In Vinculum
The investment is the first part of a potential 2-stage deal that provides Delhivery the option to further increase its shareholding in the company after six months
By Teena Jose
Business News
Delhivery Is Now Live On ONDC
The company reportedly said that it had successfully integrated with sellers and was ready to begin intercity express parcel movement, catering to over 18,400 pin codes in the country
By Teena Jose
Business News
Trends in India and South-East Asia start-up ecosystems
India and SEA follow similar tracks in the startup ecosystem with India providing a catalyst for the development of certain segments in SEA. However the key trend grabbing headlines in both regions is – exits. The more mature start-ups in both India and South-East Asia are increasingly looking at options to exit, whether through a […]
By David Gowdey
Business News
IPO-bound Delhivery Raises $277 Mn From Fidelity, GIC & Others
The ten-year-old logistics startup's valuation has soared to $3 billion
Business News
Funding Friday: 2019 Gets Its First Unicorn & Paytm Money Raises Funding From Its Parent
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