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Logistics

Delhivery is planning big on warehousing — so big that it needed a separate company

As e-commerce-led demand continues to rise amid the company’s diversification into B2B, ramping up warehousing and fulfilment capacity has become imperative. In April, it floated a new entity aimed at achieving just that. A separate company will help run operations more efficiently and pave the path for fundraising in the future.
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8 Jun 2020 7 Mins Read 1 comments
Logistics companies are looking to invest in warehouses to meet the e-commerce-led demand in a post-pandemic world. Getty Images
Logistics companies are looking to invest in warehouses to meet the e-commerce-led demand in a post-pandemic world.
In March 2019, India’s highest-valued logistics startup Delhivery raised USD413 million in a SoftBank-led round, in which its existing backers Carlyle Group and China-based Fosun also participated. On the sidelines of the fundraising, the company’s CEO Sahil Barua said that scaling warehousing and freight operations and investing in building large multi-tenant fulfilment centres that would be integrated with the
(personal-protection equipment) and masks. This reduces the chances of food contamination. Dey says after the viral outbreak subsides, there will be a change in how customers buy fresh produce. “Frozen is the new fresh. The Covid-19 crisis has opened up new opportunities where cold storage is going to get more emphasis.” ( Graphics by Mohammad Arshad)
In March 2019, India’s highest-valued logistics startup Delhivery raised USD413 million in a SoftBank-led round, in which its existing backers Carlyle Group and China-based Fosun also participated. On the sidelines of the fundraising, the company’s CEO Sahil Barua said that scaling warehousing and freight operations and investing in building large multi-tenant fulfilment centres that would be integrated with the (personal-protection equipment) and masks. This reduces the chances of food contamination. Dey says after the viral outbreak subsides, there will be a change in how customers buy fresh produce. “Frozen is the new fresh. The Covid-19 crisis has opened up new opportunities where cold storage is going to get more emphasis.” ( Graphics by Mohammad Arshad)

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