logistics Archives

Zomato-backed Shiprocket to acquire Pickrr
The two logistics companies together process 10 million shipments per month with a customer base of over 75,000 merchants

Vishvas NarayanJune 15, 2022

Shiprocket, which is one of the leading logistics companies in the country which is backed by food delivery app, Zomato has just pen to paper to make their acqu...

BusinessFuture TechIndia NewsStartups

Dehlivery Share Price Goes Up After Ratings Go Up
Shares of Delhivery, which got listed on May 24 at a premium after a tepid IPO, rose 15% to Rs 617.35

Vishvas NarayanJune 3, 2022

The share price of Indian based Dehlivery has been consistently rising after they received an ‘outperform’ rating from Credit Suisse recently. Credit Suisse als...

BusinessMarkets

Amazon Launches $1 Billion Venture Fund to Invest in Logistics

Srestha RoyApril 23, 2022

Amazon unveiled on Thursday a new $1 billion venture fund to support startups at all phases of development of consumer fulfillment, logistics, and supply chain ...

News

Nirmala Sitharaman, India's finance minister, center, and other members of the finance ministry leave the North Block of the Central Secretariat building in New Delhi, India

Union Budget 2022: Big boost for startups as ease of doing business 2.0 to be launched
Existing tax benefits extended by 1 more year till March 2023

BalrajFebruary 1, 2022

Finance Minister Nirmala Sitharaman announced the government's confidence in the public and ease of doing business in her Budget 2022-23 speech today. This Budg...

BusinessIndia NewsStartups

Leo Capital announces third fund with $125 million corpus to target India’s booming startup ecosystem

BalrajNovember 18, 2021

Leo Capital, a Singapore-based early-stage venture capital (VC) and private equity fund, plans to float a $125 million corpus for its third fund. The VC firm ha...

Story

Meru cabs acquired by Mahindra Logistics

Srestha RoyNovember 10, 2021

Mahindra Logistics Ltd, India's largest third-party logistics service provider, announced the purchase of Meru Travel Solutions Private Limited on November 9. (...

India NewsInnovationsNews

Logistics firm Delhivery bags $125 mn from Lee Fixel’s Addition

Rohit YadavSeptember 24, 2021

Delhivery, a logistics and supply chain services firm, has received $125 million in additional capital from Addition, a fund founded by Lee Fixel, a former part...

BusinessMarketsNewsTechTrending

‘Never say No to work’ attitude helped Anish Chakarborty emerge as one of the top logistics professional

Rohan MathawanFebruary 4, 2021

1. How has been your professional journey from being a junior sales executive to receiving Antwerp XL 40 under 40 award – Journey at a glance is memorabl...

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Logistics start-up, Pickrr Technologies bags $4 million in funding round

Chhavideep SinghDecember 16, 2020

Source: ClipartKey Pickrr is an on-demand Indian logistics start-up that aims to revolutionise how a seller transports his products to consumers. Recently, ...

BusinessStartups

Shiprocket announces ‘Aarambh 2020’ to promote Women Entrepreneurship

Apoorv AnupamFebruary 14, 2020

14 February 2020: AI-backed logistics platform Shiprocket has launched ‘Aarambh 2020’, a ‘business model’ competition for Women-led SMEs. The competit...

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