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SPOTON LOGISTICS
Xpressbees appoints Uday Sharma as chief business officerLogistics provider Xpressbees appointed Uday Sharma as chief business officer for B2B, 3PL, and cross border operations. Sharma, with nearl...- Delhivery plans to improve working capital intensity; realising synergies from Spoton integrationThe Gurugram-based company also said it is benefitting from synergies following the integration of Spoton’s network with its own. It had ac...
- Mid-market PE fund Xponentia raises Rs 1000-crore for its second fundThe homegrown fund, which counts Barbeque Nation and Altigreen among its portfolios, launched the fund in early 2022. The Fund II has its i...
- Delhivery’s chief customer experience officer Abhik Kumar Mitra resignsMitra was the chief executive of Spoton — a logistics firm Delhivery acquired in 2021 before its initial public offering (IPO) for about $3...
- Delhivery’s ecommerce shipments market share slips to 21% in FY23Delhivery's market share is expected to further fall to 19% by FY30, according to a report by brokerage firm Bernstein.
- Delhivery Q2 revenue jumps 19% to Rs 1,796 crore, losses narrow 60%The losses for the period narrowed 60% to Rs 254 crore from Rs 635 crore for the same quarter last year. The company’s expenses fell margin...
- Delhivery stock hits record low, falls another 18% on muted guidanceIn a stock exchange filing on Wednesday, Delhivery said it was likely to see an adverse impact from high inflation and would clock moderate...
- Logistics firm Delhivery forecasts moderate growth on inflationary concerns, stock plummets 15%The muted guidance from the company led to its share prices falling 15.59% closing at Rs 471 after it made a filing with the BSE on Wednesd...
- Delhivery’s net loss more than triples to Rs 399 crore in Q1Challenges in integrating Delhivery's partial truckload business with its acquisition of Spoton and the exit of Singapore-based ecommerce c...
- Trackon appoints Rajesh Kapase as its CEO"We are excited to have Rajesh join us as CEO in this growth phase. He is a proven leader for scaling organisations, and we believe he will...
- Xponentia Capital looks to raise $100 million for second fundXponentia Opportunities Fund-2 is expected first close by April 2022. The fund will have investors including Indian family offices, domesti...
- Delhivery acquisition and IPO update; Prime Venture raises $75MDelhivery, which announced the acquisition of smaller peer Spoton Logistics today, plans to file its IPO by October to raise as much as $1 ...
- Delhivery acquires Spoton Logistics ahead of planned IPOThough financial details weren’t disclosed, people familiar with the Delhivery-Spoton deal say it is an all-cash deal worth $300 million. D...
- Samara-owned Spoton Logistics plans to hit capital marketSpoton plans 35-40% stake dilution which will be a mix of primary and secondary, said one of the persons cited above. ICICI Securities and ...
- Dinner time conversations with daughters precious for Spoton Logistics CEOAbhik Mitra calls family dinners the biggest perk of the lockdown.
- RTS Logistics eyes Rs 500 cr revenue in 2-3 yrs, automotive segment to drive growthChennai-based third-party logistics firm RTS Logistics is eyeing to become a Rs 500-crore company in the next 2-3 years, with automotive bu...
- This top boss wishes to meet his mother when restrictions ease, will hit the road during NavratriUday Sharma is also looking forward to travelling across the country.
- Logistics companies resume operations as govt acts to clear cargo logjamExecutives at Future Supply Chain, DHL Express, Ecom Express, Safexpress and Spoton Logistics said the operations are beginning to unfreeze...
- Samara-backed Spoton Logistics picks up stake in Chennai’s RTSWhile its focus is on the automotive segment, Spoton eventually wants to add apparel and electronics to the segment. Spoton Logistics has b...
- Samara Capital, others buy Spoton for Rs 550 croreSamara, which has already raised two funds worth around $700 million since its launch in 2007, is expected to use 70% of the proposed fund ...
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