Two-wheeler rental startup eBikeGO plan pre-series funding to expand fleet
The company's founder believes that economical cost of delivering at 20 paise per kilometer with a loading capacity of 150 kg, offers great value to the users, over conventional bikes. The eBikeGO bikes delivers a top speed of 55 km/hr and it can run upto 100 kms per charge.
Ecom Express closes $36 million funding round from CDC
The funding tap is open for a host of ventures looking to scale up game. Post the late...
After electric buses, China's BYD wants to sell electric cargo vehicles in India
The Chinese automaker already sells electric buses in India ...
CCI clears CPPIB’s Delhivery stake buy
In 2015, the Mumbai-based fund sold a 10% stake in the logistics company to Tiger Global.
Samara-backed Spoton Logistics picks up stake in Chennai’s RTS
While its focus is on the automotive segment, Spoton eventually wants to add apparel and electronics to the segment. Spoton Logistics has been clocking revenue growth of 25% over the last three years.
Startups set to hire 200 CXOs in 12 months
Startups are looking for senior executives to help them scale and expand, having attracted a rush of investors as they remain unscathed by the macroeconomic headwinds.
Delhivery named ‘Startup of the Year’ at ET Startup Awards 2019
Delhivery bagged the coveted Startup of the Year award at ET Startup Awards 2019. It received high praise for touching remote corners of the...
ET Startup Awards 2019: Delhivery wins top honours
Delhivery has gone from a last-mile delivery startup to a complete logistics and supply-chain services firm.
CPPIB set to take delivery of Delhivery stake for $150 million
CPPIB, one of the world’s largest retirement funds, is buying the shares from homegrown private equity firm Multiples Alternate Asset Management.
What SoftBank’s new vision means for Indian industry
SoftBank made a big-bang entry in the industry in 2014, when it announced three investments totalling $1 bn.
Signed, sealed, Delhivered: ET Startup Awards 2019 zeroes in on the best of Indian startups
Delhivery bags top award for its impact on India’s fractured logistics landscape.
XpressBees raises Rs 71 crore
The company, whose rivals include Delhivery and Ecomm Express, provides end-to-end e-commerce-focused logistics services, offering clients services such as real-time tracking, multiple payment collection, processing options and handling of returns.
Tiger Global fuels India's startup boom with deal-making spree
SoftBank Group Corp. and its Vision Fund, for instance, have invested in Delhivery, and in Ola, converting both into unicorns.
Delhivery picks up Aramex India biz
Ecommerce logistics company will take over Aramex local ops from March 1
SoftBank fulfils its $350 million promise made to Delhivery
The latest round values Delhivery at a little over $1.6 billion, according to paper.vc, highlighting a significant jump in valuation of the eight-year-old company.
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