Delhivery: India’s Fastest Logistic Company – Binge Stories

Delhivery is India’s largest and fastest logistics and supply chain service provider, growing fully integrated into India by revenue in Fiscal 2021. 

Founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati.

Founders Sahil Barua and Mohit Tandon worked as consultants for management consulting firm Bain & Company when they thought of starting their own chain, ‘DelhiVery’.

Their services include 

● Express Parcel

● Cross-Border Services

● Supply chain services

● Truckload Freight

● Partial- Truckload Freight

Mission

Their mission is to enable their customers to operate supply chains at the lowest costs, flexible and reliable. They’ve been providing supply chain solutions for over 21K active customers, including e-commerce marketplace, direct to consumer e-tailers and enterprises and SMEs across verticals like FMCG, consumer durables, consumer electronics, lifestyle and many more! 

 A vast network of domestic and global partners are done together by their self developed logistics operating system.

Delhivery Funding and Investors

Delhivery has raised a total of $1.4B in funding over 13 rounds. Their latest budget was presented on September 6, 2021, from a Series I round.

In March 2019, Delhivery raised its biggest round of financing with a $413 million investment from SoftBank 15 investors fund Delhivery, 

11 lead investors- Fidelity, GIC, Chimera investment, The Carlyle group etc., Addition and FedEx most recent investors.

Delhivery has made 5 investments. On November 30, 2015, their most recent acquisition was when Qikpod raised $9M.

Delhivery has acquired 2 organizations. They acquired Spoton Logistics on August 1, 2021.

Initiatives

They have been part of many social initiatives.

● Olympic Gold Quest

For 2 years, they will assist athletes for the Olympics financially.

● Disaster Relief

Since May 2021, they have been associated with GOONJ to partner with them in disaster relief.

● Covid-19 Response

From April to June 2021, they partnered with Hunger Heroes to import oxygen concentrators.

They partnered with ACT Grant to import oxygen plants, medical supplies, concentrators and other supplies worldwide to set up an oxygen plant and distribute them in India.

Delhivery Achievements

Their hard work and commitment to servicing customers have achieved a lot of recognition over time.

● ET Startup of the Year Award 2019

● Mahindra Transport Excellence Award 2018

● Young Turk Start-up of the Year 2016

They have a world-class infrastructure, cutting-edge engineering and technology capabilities and logistics operations of the highest quality. 

They have successfully delivered over 1 billion orders across India. There is a nationwide network with a service centre in every state, servicing over 17K pin codes.

21 automated sort centres, 2235 self-managed centres, 71 fulfilment centres, 86 gateways and over 1100 constellation partner centres and a team of around 66000 people delivering 1.5 million parcels each day, working tirelessly 24/7 365 days. 

Delhivery has been providing their services for some time now, and it is safe to say that it can be trusted with the claims they have to offer. Any small or big businesses turn to them for the services; no wonder they’ve left their customers happily satisfied.

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