Delhivery

Delhivery

Comprehensive logistics provider for parcel, warehousing, cross-border, and fulfillment solutions

Founded

2011

Headquarters

Gurugram (India)

Status

Public

Company Details

Website

Socials

Email

Phone

+91 - 8069856101

Delhivery is India’s largest logistics and supply chain solutions company. Delhivery has transformed the logistics landscape by leveraging technology to provide end-to-end services across e-commerce, retail, FMCG, consumer durables, and manufacturing industries. The company operates a vast network covering over 18,000 pin codes across India and offers cross-border services to more than 220 countries.

Core Products and Services

Delhivery provides comprehensive logistics solutions tailored to diverse business needs:

  • Express Parcel Delivery: Same-day and next-day delivery for parcels weighing up to 10 kg.

  • Part Truckload (PTL) Freight Services: Door-to-door and hub-to-hub delivery for oversized cargo.

  • Full Truckload (FTL) Freight Services: Transportation of large goods across long distances.

  • Warehousing and Fulfillment: Integrated warehousing solutions with over 6.37 million square feet of space.

  • Cross-Border Logistics: International freight forwarding and customs clearance.

  • Data Intelligence: The company leverages advanced technology and data-driven solutions to optimize logistics operations and enhance customer satisfaction. 

  • Supply Chain Software: Proprietary tools for inventory optimization, route planning, and real-time tracking.

Unique Value Proposition

Delhivery stands out due to its:

  1. Technology-Driven Approach: Advanced AI, machine learning, and analytics optimize operations and enhance customer experience.

  2. Asset-Light Model: Outsourcing fleets and warehouses enables scalability while minimizing capital investment.

  3. Integrated Network: Seamless integration of express parcel delivery with PTL and FTL services reduces costs and improves efficiency.

 Business Model & Revenue Streams

Delhivery operates on a hybrid B2B (Business-to-Business) and B2C (Business-to-Consumer) logistics model. Its business revolves around providing technology-driven supply chain solutions to e-commerce platforms, retailers, manufacturers, SMEs, and individual customers. Its primary revenue sources are:

  1. Parcel Delivery Fees: Charges businesses for express parcel delivery services based on weight, distance, and delivery speed (e.g., same-day or next-day delivery). Significant revenue comes from partnerships with major e-commerce platforms like Amazon, Flipkart, and Myntra.

  2. Freight Services: Revenue from PTL and FTL freight services for intercity transportation of goods. It includes road freight, air freight, rail freight, and cross-border logistics.

  3. Warehousing & Fulfillment Services: Income from storage fees, inventory management solutions, order fulfillment services, and handling charges.

  4. Reverse Logistics Fees: Charges for managing product returns from customers to sellers or warehouses.

  5. Cross-Border Logistics Fees: Earnings from international freight forwarding services like customs clearance and global shipping.

  6. Supply Chain Consulting & Software Solutions: Revenue from proprietary tools that help businesses optimize their logistics operations.

  7. Value-Added Services: Specialized offerings like temperature-controlled logistics for perishable goods or white-label logistics under client branding.

Customer Segmentation

Delhivery serves a wide range of clients:

  • E-Commerce Platforms (B2B): Major players like Amazon and Flipkart contribute significantly to its revenue.

  • SMEs & D2C Brands (B2B): Emerging businesses rely on Delhivery for scalable logistics solutions.

  • Individual Customers (B2C): Direct parcel delivery services via Delhivery Direct.

Growth Strategy

Delhivery’s growth strategy focuses on:

  1. Market Expansion: Strengthening its domestic presence across Tier 2 and Tier 3 cities while enhancing cross-border capabilities.

  2. Service Diversification: Expanding offerings in PTL freight services and Q-commerce (quick commerce) deliveries.

  3. Technology Investments: Developing AI-driven tools for route optimization, inventory management, and real-time tracking.

  4. Strategic Acquisitions: Acquired Spoton Logistics to bolster PTL capabilities; invested in Vinculum to enhance D2C e-commerce solutions.

Conclusion

Delhivery has emerged as a transformative force in India’s logistics ecosystem by offering comprehensive supply chain solutions powered by technology. Its hybrid B2B/B2C model caters to diverse industries while maintaining operational efficiency through an asset-light approach. With strategic acquisitions, international expansion plans, and continuous innovation in AI-driven logistics tools, Delhivery is poised to sustain its leadership position in the Indian market while exploring global opportunities.

Key People

Kapil Bharati

Bhavesh Manglani

Mohit Tandon

Suraj Saharan

Mohammed Ali

Key Metrics

Total Equity Funding

$1.4 Billion

No. of Funding Rounds

9

Latest Funding Round

$76.4 Million, Series I

as of September 7, 2021

Post Money Valuation

$3.41 Billion

as of December 8, 2021

Funding Multiple

-

as of N/A

Investors

Nexus Venture Partners

and 3 more

Employee Count

27426

Similar Companies

Store My Goods

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
September 7, 2021 Series I $76.4 Million$3.3 Billion$731 Million4.4x Addition
May 30, 2021Series H$277 Million$3.1 Billion$588 Million4.6x GIC, Multiples Alternate Asset Management, Tiger Global Management, Nexus Venture Partners, Chimera, The Carlyle Group, SoftBank Vision Fund
March 6, 2019Series F$413 Million$1.6 Billion$243 Million4.8x SoftBank Vision Fund, The Carlyle Group, Fosun RZ Capital
May 19, 2017Series E$30 Million$636 Million$122 Million5.0x Fosun RZ Capital, Fosun
February 28, 2017Series E$100 Million$588 Million$99.2 Million 4.8x The Carlyle Group, Tiger Global Management, Multiples Alternate Asset Management, Nexus Venture Partners, Brand Capital
May 6, 2015 Series D$85 Million$360 Million$44.5 Million6.2x Tiger Global Management, Multiples Alternate Asset Management, Nexus Venture Partners, Brand Capital
September 8, 2014Series C$35 Milion$85.2 Million$23.8 Million2.1x Multiples Alternate Asset Management, Nexus Venture Partners, Brand Capital
September 26, 2013Series B$5.6 Million$16.4 Million-- Nexus Venture Partners, Brand Capital
April 2, 2012Series A$1.5 Million$3.7 Million-- Brand Capital

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