Posts Tagged ‘ Delhivery ’
Tuesday, February 28, 2017
Gurgaon-based ecommerce logistics firm SSN Logistics Pvt. Ltd, which operates under the brand Delhivery, is in advanced talks to raise $100 million (around Rs 667 crore) led by private equity firm The Carlyle Group with participation from Chinese conglomerate Fosun, according to a media report. If t...
Times Internet Ltd (TIL), the digital business arm of the country’s largest media company Bennett Coleman and Co. Ltd (BCCL), has set an ambitious target of achieving $1 billion in revenue in five years or by March 2022. The company recently said it was on course to clock in Rs 1000 crore ($150 mi...
7 November, 2016 |
From 2005, when it first set foot in India, till 2015, Tiger Global was roaring in the Indian startup jungle. The US-based asset management firm with hedge and venture capital funds made calculated moves in the first five years making two to five investments annually. In 2011, it took a massive leap...
12 September, 2016 |
Prateek Bhandari, co-founder of on-demand logistics service Parcelled, has moved on from the company to join US-based Headout as head of marketing for Europe. Bhandari is an alumnus of IIT Bombay, and has previously worked with Housing.com. An email query sent to Bhandari did not elicit a response a...
1 September, 2016 |
On-demand logistics services provider Parcelled has pivoted its business model, outsourcing its delivery services to third-party vendors, according to two people familiar with the development. With this, the logistics services provider exits its core area of operations. It would now operate like an ...
15 June, 2016 |
Chinese e-commerce major Alibaba Group is in talks with two Indian e-commerce logistics firms, Delhivery and Xpressbees, for potential investments to build a strong logistics infrastructure before launching its horizontal marketplace platform in the country. Citing two unnamed people aware of the de...
14 June, 2016 |
Logistics management platform Locus, run by Mara Labs Inc, has raised $2.75 million (around Rs 18.3 crore) in Series A funding round led by Exfinity Venture Partners with participation from Blume Ventures and BeeNext, besides Rajesh Ranavat, managing director of Fung Capital. Existing investors also...
9 May, 2016 |
On-demand shipping services startup Parcelled.in has raised $5 million (about Rs 32 crore) in a fresh round of funding led by logistics services company Delhivery with participation from data analytics firm Tracxn. The funds will be utilised to strengthen Parcelled’s core technology platform, bu...
26 October, 2015 |
Founded in 2011, Delhivery has grown from a local on-demand delivery company to a full-fledged logistics services provider in less than five years. Delhivery was bootstrapped with Rs 60 lakh by its founders – Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan and Kapil Bharati. Barua, Tand...
9 October, 2015 |
Gurgaon-based e-commerce logistics firm SSN Logistics Pvt. Ltd, which operates under the brand Delhivery, has raised $85 million in its Series D round of funding led by Tiger Global with participation from existing investors Multiples Alternate Asset Management, Nexus Venture Partners and Times Inte...
6 May, 2015 |