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Posts Tagged ‘ Delhivery ’

Is lack of exits impacting Tiger Global’s Indian appetite?

Monday, September 12, 2016 | More »

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...


Exclusive: Parcelled co-founder moves on to Headout

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 | More »


Exclusive: On-demand logistics startup Parcelled stops self-delivery

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 | More »


Alibaba in talks with Delhivery, Xpressbees to build India logistics arm

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 | More »


Logistics startup Locus raises $2.75M in Series A funding from Exfinity, Blume and others

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 | More »


Parcelled gets $5M more from Delhivery & Tracxn

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 | More »

Will be in four new overseas markets in next six months: Delhivery CEO Sahil Barua

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 | More »


E-commerce logistics startup Delhivery raises $85M from Tiger Global, others

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 | More »


Excl: E-com logistics firm Delhivery readies a $150M fundraise plan; targets 5,000 centres by 2016

Gurgaon-based e-commerce logistics firm SSN Logistics Pvt. Ltd, which operates under the brand Delhivery, is in talks with multiple investors to raise up to $150 million (Rs 900 crore) in funding over the next 24 months, according to co-founder Sahil Barua. “We are currently in talks with a f...

20 November, 2014 | More »


E-com logistics firm Delhivery raises $35M in Series C from Multiples PE, others

E-commerce logistics firm SSN Logistics Pvt. Ltd, which runs its operations under the banner of Delhivery, has raised $35 million (around Rs 212 crore) in a Series C round led by private equity firm Multiples Alternate Asset Management. Existing investors Nexus Venture Partners and Times Internet al...

8 September, 2014 | More »

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