Delhivery stunned the market this week with a 17% jump in revenue for Q2 FY26, hitting Rs 2,559 crore. On paper, it looks like business is booming—but behind the numbers lurks a shocking twist: the company reported a net loss of Rs 50 crore, reversing last year’s Rs 10 crore profit.
What caused this sudden downturn? The culprit is the costly integration of its Ecom Express acquisition, which…
Delhivery Makes Huge Power Play — Co-Founder Suraj Saharan Appointed as Whole-Time Director
In a move that has the business world buzzing, Delhivery, the Gurugram-based logistics giant, has appointed Suraj Saharan, co-founder and current Chief People Officer (CPO), as a Whole-Time Director on its board — and the implications of this decision are huge!
Effective immediately and approved by the…
Delhivery Is Acquiring Ecom Express for a Jaw-Dropping 80% Discount — What’s Really Going On?
In a deal that’s leaving the entire Indian logistics industry buzzing, Delhivery, one of the country’s largest logistics firms, is about to make a massive acquisition. But here’s the crazy part: Delhivery is buying Ecom Express for just ₹1,407 crore — an 80% discount on the company’s…
A Surprising Move in the Startup World
In a recent regulatory filing, Sahil Barua, the CEO of logistics company Delhivery, announced that he has stepped down from his position as an Independent Director on the board of Swiggy, one of India’s leading food delivery platforms.
While the news came as a surprise to many in the startup ecosystem, Swiggy confirmed that Barua’s resignation was without…
In a move that has caught the attention of the e-commerce and logistics world, Delhivery, the fast-growing logistics giant based in Gurugram, has appointed Milind Sharma as the head of its Rapid Commerce and Direct-to-Consumer (D2C) brands division. What makes this even more exciting is that Sharma is not new to Delhivery—he was one of the company’s earliest employees, playing a key role in…
Big news in the logistics world! Delhivery, one of India’s leading logistics companies, has just brought in Vani Venkatesh, a former top executive from Airtel, as their Chief Business Officer (CBO). This unexpected move has caught the attention of industry experts and is likely to spark a significant shift in Delhivery’s strategic approach. The announcement comes just before Delhivery is set…
Introduction: A Major Leap in Fast Delivery
In the fast-paced world of online shopping, speed matters more than ever. Imagine being able to place an order and get it delivered within two hours—not the next day, not even the next morning, but in just a few short hours. Sounds like a dream, right?
Well, it’s no longer a dream! Delhivery, the Gurugram-based logistics giant, has just rolled out…
In a significant financial maneuver, Nexus Venture Partners has sold a 1.06% stake in Delhivery, one of India’s leading logistics and supply chain firms, for INR 344.06 crore. The transaction was executed through an open market deal on the National Stock Exchange (NSE) on Wednesday.
Details of the Transaction
Nexus Ventures Partners, through its affiliate Nexus Ventures III, offloaded more than…
In an exclusive interview with ET’s Pranav Mukul and Samidha Sharma, Sahil Barua, CEO of Delhivery, sheds light on the evolving dynamics of the logistics industry and the challenges facing quick commerce. Barua discusses how the rapid growth of quick commerce is reshaping market shares, particularly impacting traditional kiranas rather than traditional e-commerce platforms.
Barua highlights that…
Coordinations and store network administrations organization Delhivery has documented its DRHP with SEBI to raise Rs 7,460 crore through Initial Public Offering (IPO).
As per the DRHP, Delhivery Limited’s forthcoming public deal comprises a new issue of Rs 5,000 crore and a proposal for deal (OFS) of Rs 2,460 crore. Delhivery’s backers Carlyle Group will offload shares worth Rs 920 crore…
