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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
The on-going TechSparks Delhi chapter began with an animated talk by Delhivery’s Suraj Saharan, who shared insights about his business with an enthusiastic audience. Delhivery is the largest e-commerce enabler as far as end-to-end e-commerce logistics go. “We started Delhivery with motivation to solve the last mile delivery service in 2011. After testing the waters in […]
13 Sep 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