The company said its adjusted Ebitda turned positive in the quarter at Rs 6 crore compared to Rs 67 crore loss in Q3FY23.

Delhivery said it is in the process of appointing a suitable candidate as Bansal’s replacement by May 31.

Losses jumped 54% to Rs 195 crore from Rs 126 crore in the corresponding period last year.

Despite losing ground, the company insists on focusing solely on third-party ecommerce logistics. Much of its business is concentrated with...

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...

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...

In a major revelation by the US Securities and Exchange Commission, software major Oracle was fined over $23 million for using slush funds ...

Challenges in integrating Delhivery's partial truckload business with its acquisition of Spoton and the exit of Singapore-based ecommerce c...

The top management at Delhivery, which made its public market debut on Tuesday, was “nervous” ahead of the listing due to the uncertain inv...

“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...

“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...

"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...

India's startup ecosystem witnessed smaller funding rounds this week compared to the previous one.

A91 Partners, which has backed the likes of Digit Insurance, Exotel and Inshorts, has closed its second fund at around $525 million.

Delhivery, which announced the acquisition of smaller peer Spoton Logistics today, plans to file its IPO by October to raise as much as $1 ...

Abhik Mitra calls family dinners the biggest perk of the lockdown.

Air freight operators and logistics firms are being forced to suspend operations because goods are piling up at cargo terminals due to lack...