Delhivery Acquires B2B Company Spoton For $300 Million
Spoton Logistics has reportedly been acquired by Delhivery ahead of the planned initial public offering (IPO). Though no financial terms about the acquisition have been disclosed, it has been estimated that the acquisition was almost $300 million. The acquisition of Spoton Logistics has not only helped Delhivery to strengthen its Business-to-Business but also to emerge as one of India's largest delivery and e-commerce logistics companies. … read-more
Tags: Delhivery, Acquisition, IPO, PROFIT
Courtesy: The Economic Times
Zomato-Delhivery To Fundraise Rs 50 Cr For Oxygen Concentrators
Multinational restaurant aggregator 'Zomato' has teamed up with 'Delhivery' for ‘Help Save My India' mission to supply oxygen concentrators and related supplies to hospitals and needy people. The Food-tech company will fundraise Rs 50 crore through its charity arm 'Feeding India' via its flagship mission. While Delhivery's Co-founder Sahil Barua vowed to fly oxygen concentrator imports from China, Zomato's CEO Deepinder Goyal asked companies… read-more
Tags: ZOMATO, Delhivery, Food tech, fundraiser, Deepinder Goyal
Courtesy: Your Story