About the Company:
Delhivery was founded in 2011 with a mission to transform the logistics and supply chain industry in India through technology-driven solutions. Headquartered in Gurugram, India, the company has established itself as a leading logistics provider with a presence across the country. Delhivery offers end-to-end supply chain services, including express parcel transportation, warehousing, freight services, and cross-border logistics, catering to e-commerce, retail, and enterprise clients.
Business Model:
Delhivery operates through the following key business segments:
a) Express Parcel Delivery
Description: Provides fast and reliable parcel delivery services across India. Key Clients and Markets: E-commerce platforms, retail businesses, and D2C brands. Revenue Contribution: Significant portion of revenue from e-commerce logistics.
b) Freight and Supply Chain Solutions
Description: Offers full-truckload (FTL), part-truckload (PTL), and warehousing solutions. Competitive Advantage: Tech-enabled logistics solutions optimizing cost and efficiency.
c) Cross-Border and International Logistics
Description: Facilitates global shipping and international trade logistics. Competitive Advantage: Extensive network and partnerships with global shipping carriers.
What Problem is the Startup Addressing?
Delhivery aims to address inefficiencies in India’s logistics sector by leveraging technology and data-driven insights. The key challenges include high logistics costs, lack of real-time visibility, and fragmented supply chains. Delhivery addresses these issues through:
- AI-Powered Logistics: Utilizing machine learning for route optimization and demand forecasting.
- Nationwide Reach: Covering over 18,500 pin codes with extensive infrastructure.
- End-to-End Solutions: Providing warehousing, transportation, and last-mile delivery in a seamless manner.
By tackling these challenges, Delhivery enhances efficiency, reduces costs, and improves the overall logistics experience for businesses and consumers.
Key Financial Numbers
Revenue (Latest): ₹7,225 crore ($870M) as of FY 2023. Profitability: ₹67 crore ($8M) profit in Q3 FY 2024. Growth Rate: 10.7% YoY revenue growth. Funding: Raised over $1.4 billion from investors like SoftBank, Tiger Global, and Carlyle Group. Market Valuation: ~$5.2 billion (as of recent funding rounds).
About the Founders
Sahil Barua – Co-Founder & CEO Education: MBA from IIM Bangalore. Professional Background: Former consultant at Bain & Company. Role in Company: Leads strategic growth, technology adoption, and operational efficiency.
Kapil Bharati – Co-Founder & CTO Education & Background: Engineering graduate from IIT Delhi. Contributions: Heads technology development and logistics automation.
