Delhivery


Delhivery is an Indian supply chain service provider  encompassing over 18,000 PIN Codes in India. It was founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati and is backed by the Carlyle Group, Tiger Global, Fosun International, SoftBank Vision Fund, Nexus Venture Partners, Multiples, and CCP Investment Board as investors. The Gurugram-based company has 75 fulfilment centres, 24 automated sort centres, 70 hubs, 2,500+ delivery centres, 8000+ partner centres, 14000+ vehicles, and 40,000+  employees. At present, Delhivery has the capacity to process more than 1M+ parcels per day.

History

Delhivery was established in May 2011. It was initially conceptualised as a hyperlocal express delivery service provider for offline stores, delivering flowers and food locally in the city of Gurgaon for the first few months since its inception. During this time, the online retailing and e-commerce segment was expanding rapidly in India, with global investors showing significant interest in the industry.
Founders Barua and Tandon, who were at the time working as consultants with the management consulting firm, Bain & Company, were intrigued by the size and potential of the industry, and decided to focus on the segment. In June 2011, Delhivery signed its first e-commerce client, Urban Touch, which is an online fashion and beauty retailer. By August 2011, Delhivery had switched completely to offering logistics services to a number of e-commerce companies.
In March 2019, Delhivery raised its biggest round of funding with a $413 million investment from Softbank.

Organization

Founder Sahil Barua is the CEO of Delhivery. Sandeep Barasia, Managing Director has been appointed as the Chief Business Officer in December 2018. He is in charge of the P&L across the parcel, warehousing, and freight divisions. At the same time, Ajith Pai, who was the CFO, took over the role of COO where he is in charge of the operations, engineering, HR, and finance of the company. Meanwhile, IIT-Kanpur alumnus Amit Agarwal, who was earlier the vice president-finance at Delhivery, took over the role of CFO. In December 2018 itself, Barua also announced the onboarding of Mukta Limaye to lead the engineering innovation team at Delhivery.

Awards