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SPOTON LOGISTICS CEO
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...- Exclusive | Quick commerce eating into market share of kiranas, not ecommerce: Delhivery CEO Sahil BaruaDelhivery's cofounder and CEO Sahil Barua said that the economics of 10-15 minute deliveries may not be sustainable beyond groceries and FM...
- Byju’s alleges investor conspiracy; Delhivery turns profitableFacing calls for a management overhaul at the troubled edtech firm, a combative Byju’s has asserted that investors lack the authority to re...
- Delhivery Q4 revenue falls 10%, loss widens to Rs 158 croreThe company said its adjusted Ebitda turned positive in the quarter at Rs 6 crore compared to Rs 67 crore loss in Q3FY23.
- Delhivery says chief compliance officer has resignedDelhivery said it is in the process of appointing a suitable candidate as Bansal’s replacement by May 31.
- Delhivery Q3 revenue falls 8% to Rs 1,823 croreLosses jumped 54% to Rs 195 crore from Rs 126 crore in the corresponding period last year.
- Why Ecom Express is trailing its rivals in the logistics industry’s game of thronesDespite losing ground, the company insists on focusing solely on third-party ecommerce logistics. Much of its business is concentrated with...
- 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...
- 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...
- Oracle fined $23M on bribery charges; Mahindra expects to triple biz with Rivigo acquisitionIn a major revelation by the US Securities and Exchange Commission, software major Oracle was fined over $23 million for using slush funds ...
- 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...
- Volatile markets left us nervous before listing, says Delhivery CEO Sahil BaruaThe top management at Delhivery, which made its public market debut on Tuesday, was “nervous” ahead of the listing due to the uncertain inv...
- 'Nothing really changes for Delhivery. We are going to continue to do what we have been doing’“In order to become larger, more efficient, more reliable and faster as well, we continue to invest in technology and in building out the i...
- Don’t call Delhivery a consumer tech co; we are a tech-enabled brick & mortar biz: Sandeep Barasia“Logistics is core and essential to the economy and within that, we are a tech enabled play. It is fairly straightforward and so rather tha...
- 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...
- ETtech Deals Digest: Zetwerk turns unicorn, Khatabook gets $100-million fundingIndia's startup ecosystem witnessed smaller funding rounds this week compared to the previous one.
- A91 Partners' 2nd fund; new drone rules soon; Reliance steps up on ecommA91 Partners, which has backed the likes of Digit Insurance, Exotel and Inshorts, has closed its second fund at around $525 million.
- 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 ...
- Dinner time conversations with daughters precious for Spoton Logistics CEOAbhik Mitra calls family dinners the biggest perk of the lockdown.
- Cargoes in limbo: Logistics companies suspending operationsAir freight operators and logistics firms are being forced to suspend operations because goods are piling up at cargo terminals due to lack...
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