Delhivery Ltd Summary
Delhivery Limited was initially incorporated as SSN Logistics Private Limited, under Companies Act, 1956, issued by the Registrar of Companies, New Delhi on June 22, 2011. Subsequently, name of the Company was changed to Delhivery Private Limited, pursuant to a fresh Certificate of Incorporation on December 8, 2015. On conversion into a Public Limited, name of the Company changed to Delhivery Limited dated October 12, 2021.The Company provide a full-range of logistics services, including express parcel and heavy goods delivery, part-truckload freight (PTL), truckload freight (TL), warehousing, supply chain solutions, cross border express and freight services and supply chain software, along with value added services, such as e-commerce return services, payment collection and processing, installation and assembly services and fraud detection.
Apart from this, the Company provided supply chain solutions to a diverse base of 52,000 Active Customers such as e-commerce marketplaces, direct-to-consumer e-tailers and enterprises and SMEs across several verticals such as FMCGs, consumer durables, consumer electronics, lifestyle, retail, automotive and manufacturing.In 2011, the Company launched Transportation Management System (TMS).In 2013, the Company commenced the business for fulfillment centres. In 2014, the Company launched network design tool, Netplan product.In 2015, the Company launched address resolution engine, Addfix. The Company launched automated sort centres in its network.
Apart from this, the Company established a full-fledged self-managed express surface line-haul network to service its volume. In 2016, the Company commenced part truckload services (PTL service offering). The Company launched Constellation program.
The Company also hired from time to time to provide last mile delivery services.In 2018, the Company commenced Truckload services (TL service offering). The Company also commenced cross border service offering The Company launched PaaS (Platform as a Service) as a soft launch in Sri Lanka and Bangladesh. In 2019, the Company commenced Supply Chain Services.
The Company acquired Aramexs India assets. The Company ventured into partnership with UPS as well. The Company launched tractor trailers in its network.
The Company also inaugurated the opening of Delhivery, USA Office.In January 2020, the Company acquired Roadpiper Technologies Private Limited, a digital freight broker with fleet owner, load-matching and pricing applications. Roadpiper, was, among other activities, engaged in the business of providing technology solutions to the logistics industry, providing proprietary freight and logistics software and end-to-end services to transportation organizations. During the year 2020, the Company automated material handling systems and launched 3 mega trucking terminals in Tauru (Haryana), Bhiwandi (Maharashtra) and Bengaluru (Karnataka).
This automation, combined with system-directed floor operations, path expectation algorithms and machine-vision guided truck loading systems, together enabled the facility staff to be more productive and reduce errors in their operations. In February 2021, the Company acquired the business of Primaseller Inc. to enable D2C e-commerce brands and omnichannel retailers to integrate their online and offline channels with logistics network.
On July 15, 2021, the Company signed an agreement to enter into a strategic alliance with FedEx , which shall become effective upon fulfillment of certain closing conditions, including receipt of requisite regulatory approval. Apart from this, the Company acquired the subsidiary, Spoton Logistics Private Limited, an express PTL freight service provider in India in August 2021, by acquiring 100% of its share capital. In May 2022, Company made an IPO by raising funds from public aggregating to Rs 5235 Cr.
by issuing 10,74,97,225 equity shares comprising a fresh issue of 82,152,503 equity shares of Re 1/- each aggregating to Rs 4000 Cr and by issuing 25,364,585 equity shares aggregating to Rs 1235 Cr through offer for sale.The Company launched fulfilment and PTL freight services in 2022. Further, launched economy PTL services for less time-sensitive and air-freight services for highly time-sensitive freight movements. In April 2022 it also launched Delhivery Direct, which enables individual consumers to book and track shipments in network, customise delivery preferences and directly communicate with service executives.In FY23, Company inducted 387 new tractors into its fleet, taking the total count to 562.
It launched Delhivery One in FY23, which has found adoption from SME and D2C customers. The Company acquired Algorhythm Tech Private Limited in India by acquiring 100% of its share capital in Jan23. The Company launched two more applications, TransportOne and LocateOne on its SaaS platform, OS1 in 2023-24.
It acquired 10.94% stake in the equity share capital of Vinculum in India in July 2023. The Company increased its stake to 39.34% into Falcon Autotech Private Limited, Associate Company, by making an additional investment of Rs 50.04 Crore in FY24.In 2025, the Company launched Volvo road trains and further Delhivery Local services. Further, it introduced OS1 product like TransportOne.
In FY2025-26, the Company acquired 99.87% shares of Ecom Express Ltd, making it a wholly-owned subsidiary of the Company with effect from December 10, 2025. The Company processed more than 1 billion Express Parcel shipments in FY26. It launched Delhivery International during the year.