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    Home | Delhivery acquires US-based Firm Transition Robotics Inc.
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    Delhivery acquires US-based Firm Transition Robotics Inc.

    Mitali Sharma By Mitali SharmaDec 10, 2021Updated:Feb 3, 2022No Comments3 Mins Read
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    Delhivery acquires US-based Firm Transition Robotics Inc.
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    Delhivery is a company that maintains a supply chain of transportation. It offers end-to-end supply to e-commerce companies. It transports goods from one place to another by taking charge.

    This company provides all activities from picking point to warehouse and warehouse to destination point. Amazon, Flipkart, Mynta, and almost all e-commerce companies avail of their facilities.

    History

    A Few years ago, In 2011, two friends conducted a little experiment to deliver a parcel from one building to another in the front building by local courier, and it took whole 2 days. So they decided to start a courier best courier service. They are likely to launch its IPO is ₹7500 crores next year.

    Business Model – Delhivery

    In the beginning, Delhivery was a food delivery company in approx half an hour it used to delivered food. But due to the increasing number of internet users and advanced technology, the company predicted that the use of delivery service has far more scope than only food delivery.

    When analyzed, they found out across India can also use delivery services for other benefits. And this idea in India can also implement. They were seeing in India people are suffering from online services and no trust in online transportation services.

    Delhivery services came to India like a boon before Delhivery courier services were not included some terms like delivery on time, payment modes, refunds, etc. After Delhivery, customer can track their products and have no worries if in case of refund and replacement.

    Delhivery has a point-to-point model. The parcel is delivered to the customer directly rather than go to different places in this process. Delhivery has done over 28 crore delivery in the year 2021.

    Transition Robotics Inc.

    Transition Robotics Inc is a California-based company that was founded in 2011. It is used to deliver unmanned aerial system platforms. It also provides services like aerial photography, remote sensing, inspection, and surveys.

    Read More: Shopsy: Startup Helping Small Budding Entrepreneurs

    Delhivery acquired TRI.

    The Chief Technology Officer, Kapil Bharati, mentioned that  ” The acquisition of Transition Robotics Inc. would move forward to a new technology of drone services by which we can deliver our parcel as soon as possible. He said,” we are very excited about including a new change to our services.

    It will make a good decision not only for the company’s but also for the country’s benefit. The acquisition of TRI is the second one after Spoton Logistics in August for $ 300 million.

    The co-founder of TRI said we are very excited to share our experience in developing UAS solutions with Delhivery. We are very sure about our core technology and expertise; it will definitely make a great deal, and we are happy to be a part of this company.

    Conclusion 

    Delhivery is not only a transportation company. It is the trust of many people because it not only arrives at a courier with safety but also customer does not worry about refund and replacement process.

    It is a hope ray for so many e-commerce companies. Now it is including new manifolds to the services which will change the systems of the delivery process in future.

    Read More: Relativity Space – The 3D Printed Rocket Startup

    Delhivery Delhivery acquire drone company Delhivery acquires TRI Delhivery business model Delhivery Founder Delhivery IPO Delhivery Valuation Drone delivery
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    Mitali Sharma - Author at Binge Connect
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