Delhivery Journey

Delhivery's Founder and History

Delhivery is a Logistics Services platform in India, founded in 2011 by a group of engineers.

Its founders include like Bhavesh Manglani, Mohit Tandon,  Suraj Saharan, Sahil Barua, and Kapil Bharati.

Delhivery was founded with a headquarters at Gurgaon, Delhi.

It was founded as a platform to make courier services easy and cost effective.

If we see in India Post then we can find out that their was a loop hole in its services. It means it take lot of time to deliver a parcel to the receiver.

Even in the Speed Post service offered by India Post is also take lot of time to deliver a parcel.

The founders of Delhivery see this problem as a opportunity and decided to start a platform to overcome such kind of problem.

Now after the foundation of Delhivery's the parcel of anyone can reach to the receiver with in few days like 3 to 5 days or even lesser.

This  also become a one of the key factor of a successful business model of Delhivery.

Delhivery Unicorn Status

According to Wikipedia up to 2021 it have reached up to 160 hubs, 7500+ partner centers and approximately 3500+ direct Delhivery's centers and so on.

It takes up to 8 years for becoming a unicorn of India and achieved a status of unicorn on January, 2019 with the entry valuation of 1.6 billion doilars.

Initially it started as a private startup by the founders. But later it converted into a publicly listed company (which can now offer its shares and debentures to general public).

Delhivery Investors

Some of the major name of peoples and companies who invested on Delhivery includes Nexus Ventures, Multiples PE, Tiger Global, Carlyle, SoftBank, Fosun Group, Steadview Capital and so on.

The last round funding in Delhivery leads the valuation up to 3 billions dollars.

It expected that the valuation of Delhivery's will be going up to high in comparison to now.