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§ Public · Gurgaon, Haryana, India
Indian logistics and supply chain company offering integrated e-commerce logistics, freight, and warehousing services across India.
Delhivery is a logistics and supply chain company based in Gurgaon, India, that provides integrated delivery services including express parcel delivery, freight solutions, reverse logistics, and B2B warehousing. The publicly traded enterprise serves e-commerce businesses and retail consumers across more than 18,700 domestic pin codes and has successfully shipped over 3 billion parcels as of February 2025. Prior to its May 2022 initial public offering on the BSE and NSE, which valued the organization at $4.77 billion, the firm had secured $1.69 billion in total venture funding. Delhivery generates its revenue through logistics service fees and is backed by prominent institutional investors, including SoftBank Vision Fund, Carlyle Group, and Fosun International. The company was originally established as SSN Logistics Ltd in 2011 by co-founders Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati.
Delhivery has raised $653.0M across 5 funding rounds.
Key people at Delhivery.
Delhivery was founded in 2011 by Kapil Bharati (Co-Founder) and Bhavesh Manglani (Co-founder) and Sahil Barua (Co-Founder & Chief Executive Officer) and Mohit Tandon (Co-Founder) and Suraj Saharan (Co-Founder).
Delhivery has raised $653.0M in total across 5 funding rounds.
Delhivery was founded in 2011 by Kapil Bharati (Co-Founder) and Bhavesh Manglani (Co-founder) and Sahil Barua (Co-Founder & Chief Executive Officer) and Mohit Tandon (Co-Founder) and Suraj Saharan (Co-Founder).
Delhivery has raised $653.0M in total across 5 funding rounds.
Delhivery's investors include Addition, 20VC, Andreessen Horowitz, Boldstart Ventures, Bond, Spark Capital, Allison Pickens (Allison Pickens Ventures), Brandon Deer, Charley M, Zander Lurie, FedEx, Carlyle.
Key people at Delhivery.
Delhivery is India's largest integrated third-party logistics service provider, specializing in express parcel transportation, warehousing, freight, cross-border shipping, fulfillment, and supply chain management.[6][8] It builds a technology-driven platform that combines asset-heavy and asset-light services to deliver over 10 million shipments monthly across more than 9,000 pin codes, serving B2C, B2B, e-commerce, retail, and enterprise customers while solving logistics challenges like scaling operations, real-time tracking, and cost efficiency.[2][3][4] The company powers flexible, reliable supply chains at the lowest costs through advanced tools like AI-optimized routing, geolocation tracking, and unified data dashboards, with strong growth evidenced by 86 fulfillment centers, 20,000+ managed devices, and handling 5TB of daily data for 30,000 customers.[4][5]
Founded in 2011, Delhivery emerged to address India's fragmented logistics landscape amid the e-commerce boom, starting as an express delivery service and evolving into a fully integrated provider with proprietary technology.[1][6] Key founders include Sahil Barua (CEO), with a background in operations and tech from prior roles, alongside Mohit Tandon and Bhavesh Manglani, who brought expertise in supply chain and engineering to build a network from scratch.[7] Early traction came from rapid scaling to service major e-commerce players, hitting pivotal milestones like fulfilling over 2 million orders in under 6 hours monthly and expanding to nationwide coverage, which solidified its position through tech investments in device management and observability.[4][5]
Delhivery rides the explosive growth of India's e-commerce and digital economy, where rising online retail demands ultra-fast, tech-enabled logistics amid urbanization and last-mile challenges.[1][3] Timing aligns with post-pandemic supply chain disruptions, favoring integrated providers like Delhivery that leverage AI, data analytics, and device fleets to cut costs and boost speed in a market projected for massive expansion.[5][6] It influences the ecosystem by powering B2B/B2C scalability for 30,000 customers, setting standards in real-time visibility and efficiency that force competitors to digitize, while partnerships with tech firms enhance sector-wide resilience.[2][4]
Delhivery's tech-first logistics edge positions it for dominance as India’s e-commerce surges, with expansions into cross-border and advanced fulfillment likely driving further volume growth.[6][8] Trends like AI automation, 5G-enabled tracking, and sustainable supply chains will shape its path, potentially amplifying margins through deeper observability and network density.[1][5] Its influence may evolve from operator to e-commerce OS builder, creating ecosystem lock-in as it scales resilient chains—reinforcing its role as the backbone for India's logistics transformation.[7]
Delhivery has raised $653.0M across 5 funding rounds. Most recently, it raised $76.0M Series I in September 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 21, 2015 | Opinio | $7.0M Series A | — | Accel, Sands Capital |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2021 | $76M Series I | Addition | 20VC, Andreessen Horowitz, Boldstart Ventures, Bond, Spark Capital, Allison Pickens (Allison Pickens Ventures), Brandon Deer, Charley M, Zander Lurie | Announced |
| Jul 15, 2021 | $100M Venture Round | FedEx | Carlyle, Tiger Global | Announced |
| May 30, 2021 | $277M Venture Round | Fidelity Management & Research Company | Chimera, GIC | Announced |
| Sep 10, 2019 | $115M Venture Round | — | — | Announced |
| May 6, 2015 | $85M Series D | Tiger Global | Multiples Alternate Asset Management, Nexus Venture Partners, Times Internet | Announced |