Delhivery forms subsidiary to offer drone servicesDelhivery's new subsidiary, Delhivery Robotics India Pvt Ltd, will offer drone services, in addition to manufacturing and research and deve...
17 May, 2024, 05.59 PM IST
SoftBank sells shares worth Rs 954 crore in DelhiverySoftBank is the largest public stakeholder in the logistics company, holding an 18.42% stake as of December 31, 2022, through its entity SV...
02 Mar, 2023, 05.02 PM IST
Tech earnings a mixed bag in Q3: check key highlightsTake a look at some important numbers reported by these new-age companies.
14 Feb, 2023, 07.19 PM IST
The harsh reality of 5 famed Indian IPOs: $18 billion-wipeout!Indian IPOs raised a record $18 billion in 2021 on government efforts to foster startups combined with easy-money policy and a surge in ret...
17 Nov, 2022, 02.11 PM IST
Shiprocket acquires Arvind Ltd’s Omuni for Rs 200 crore in cash and stockThe transaction will enable faster deliveries of shipments from the nearest store or warehouse, reducing delivery timelines and enhancing c...
19 Jul, 2022, 07.29 PM IST
Paytm, Zomato's fate forcing Oyo Hotels and Delhivery to delay IPOsInvestors have soured on new tech offerings after the calamitous public debut of fintech firm Paytm, as well as the battering received by n...
16 Feb, 2022, 08.41 AM IST
Sebi clears Delhivery IPO; top takeaways for potential investorsDelhivery is the largest and fastest growing 3PL (third-party) Express Parcel (and Heavy Parcel) delivery player in India by FY21 volume an...
18 Jan, 2022, 03.23 PM IST
CCI approves FedEx India's minority stake-buy in DelhiveryUnder the proposed combination, FedEx India will acquire a minority stake in Delhivery on fully diluted basis along with certain minority i...
23 Nov, 2021, 11.54 PM IST
Paytm’s IPO flop may embitter millions of retail investorsRetail investors, who bought an unprecedented amount of shares in Paytm’s parent One 97 Communications Ltd., have seen more than 35% of the...
23 Nov, 2021, 07.31 AM IST
Delhivery plans $1 billion IPO filing in OctoberThe company, backed by SoftBank Vision Fund and Carlyle Group Inc., is targeting a Mumbai listing before March next year, said the people, ...
25 Aug, 2021, 04.08 PM IST
Vehicles transporting essential services will be allowed to operate in city: Delhi PoliceAll traffic, picket and beat staff have been briefed to allow the following retailers, operators and online delivery services to operate in...
26 Mar, 2020, 01.15 PM IST
XpressBees raises Rs 71 croreThe company, whose rivals include Delhivery and Ecomm Express, provides end-to-end e-commerce-focused logistics services, offering clients ...
03 Jan, 2020, 04.27 PM IST
CCI approves Adani's 23.5% stake-buy in Mumbai International AirportAs per the combination notice filed with CCI, the transaction involves acquisition of shares through two separate share purchase agreements...
14 Nov, 2019, 11.20 PM IST
Delhivery sees strong growth in revenue in FY18The company is set to close a $415 million financing round led by Japanese investor SoftBank, for a post-money valuation of about $1.5 bill...
26 Dec, 2018, 03.40 PM IST
Delhivery appoints COO & CBO amid top-level organizational changesBarasia will oversee all three major profit & loss items - parcel, warehousing and freight, while Pai will lead operations, engineering, hu...
21 Dec, 2018, 07.25 PM IST
Missing package? Delhivery's new software to automatically correct inaccurate addressesIn under half a decade, Delhivery has acquired one of the biggest investments in the logistics market in India, multiplying its job potenti...
23 Aug, 2017, 12.08 PM IST
Peppertap to shut down grocery delivery; to focus on its logistics businessHyperlocal delivery startup PepperTap is closing grocery delivery operations in the next one month.
23 Apr, 2016, 01.57 AM IST