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 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…
Short story media platform Sutradhar has raised $500K in a seed round drove by Venture Catalysts and LetsVenture. Existing investor Titan Capital along with angels like Sahil Barua, Shashvat Nakrani, Kush Agarwal also participated in the round.
The fundraise will enable the platform in operational development and create great substance to circulate to Indians across the globe.
Established in 2020…
Coordinations firm Delhivery has all the earmarks of being remunerating its initiative in front of its arrangement to open up to the world. The organization has designated somewhat paid offers worth Rs 178.5 crore to 17 individuals in the initiative group including the originators, administrative filings show.
The filings further mirrored that the SoftBank-supported organization has just gotten Rs…
