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Gurgaon-based e-commerce fulfillment company Delhivery has raised $85 M in its Series D round led by Tiger Global Management with participation from existing investors, Multiples Alternate Asset Management, Nexus Venture Partners, and Times Internet Limited. This is the company’s fourth round of financing coming less than eight months after its $35 million Series C round […]
06 May 2015
Indian ethnic drinks brand from Hector Beverages, Paper Boat, which hopes to refresh the cherished memories of Indian childhood through its range of traditional Indian summer drinks like ‘Aam Panna’ and ‘Jaljeera’ has unveiled its online shop- shoppaperboat.com. They have partnered with Delhivery to power the entire supply chain technology and offer end to end operations including shipping and […]
06 Aug 2014
While all e-commerce supporting services like payment, marketing, technology among others have attracted venture capital attention, logistics has not been able to draw institutional investor’s interest. Recently, we wrote about Chhotu’s shutdown as it failed to raise a further round to keep afloat. Unlike other supporting services for e-commerce, logistics is an overlooked domain as […]
04 Mar 2014