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Delhivery

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Tracxn expects US, Europe, to continue contributing most to sales

TMT

09 December, 2021

Tracxn expects US, Europe, to continue contributing most to sales

Flipkart founders-backed Tracxn expects Europe and the US, its traditional markets, to continue contributing the most to its revenue even as it is witnessing strong growth from Southeast Asian countries ......

IPO-bound Delhivery acquires California-based Transition Robotics

TMT

08 December, 2021

IPO-bound Delhivery acquires California-based Transition Robotics

Market-bound logistics company Delhivery has acquired California-based Transition Robotics Inc for an undisclosed sum, the company said in a statement.    After the transaction, ......

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From Rs.60 lakh to potential $1Bn IPO: Here's how Delhivery founders did it

Infrastructure

05 November, 2021

From Rs.60 lakh to potential $1Bn IPO: Here's how Delhivery founders did it

A decade ago, Sahil Barua, Mohit Tandon, and Suraj Saharan quit their lucrative careers at Bain & Co., to pursue ......

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Delhivery employees may get at least $470 mn at a $5.5 bn valuation

Finance

03 November, 2021

Delhivery employees may get at least $470 mn at a $5.5 bn valuation

Nine senior executives at logistics unicorn Delhivery hold employee options that may fetch them more than $125 million from the ......

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All-women partner-led VC firm Enzia's debut fund gets LP commitments from prominent tech startup founders

Healthcare

01 November, 2021

All-women partner-led VC firm Enzia's debut fund gets LP commitments from prominent tech startup founders

Enzia Ventures, an all-women partner led venture capital firm in India, has received Limited Partner (LP) commitments from a bunch ......

IPO-bound Delhivery onboards three industry veterans as independent directors

Infrastructure

14 October, 2021

IPO-bound Delhivery onboards three industry veterans as independent directors

Ahead of its initial public offering (IPO), logistics company Delhivery has announced the appointment of three new independent board members ......

Market-bound Delhivery raises $125 mn more from Lee Fixel's fund

Infrastructure

24 September, 2021

Market-bound Delhivery raises $125 mn more from Lee Fixel's fund

Market-bound logistics company Delhivery has raised $125 million (Rs 922 crore) additional funding from Addition -- a fund floated by ......

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Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

Finance

10 September, 2021

Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

The overall deal value saw an over seven-fold steep fall this week from the preceding one, despite deep-pocketed edtech giant ......

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Sitics gains control over cold chain startup, dials PE funds to boost acquisitions

Infrastructure

07 September, 2021

Sitics gains control over cold chain startup, dials PE funds to boost acquisitions

Sitics Logistic Solutions Pvt Ltd, a technology-enabled supply chain company, has bought out a majority stake in Delhi-based cold chain ......

Lee Fixel's new fund invests over $75 mn in IPO-bound Delhivery

Infrastructure

06 September, 2021

Lee Fixel's new fund invests over $75 mn in IPO-bound Delhivery

Ahead of its proposed initial public offering (IPO), logistics company Delhivery has raised over $75 million in funding from Addition--a ......