eCommerce delivery startup Delhivery plans for global delivery

Delhivery, a four-year old eCommerce logistics firm is in advance stage of taking its operations out of India.
Delhivery
Delhivery, a four-year old eCommerce logistics firm is in advance stage of taking its operations out of India. Backed by a private equity firm Multiples Alternate Asset Management, Delhivery has shortlisted two international locations for now and eyes to launch the services in the next 12 months. Delhivery have recently raised $85 million in a series D funding led by Tiger Global.
"There are plans to expand services in the neighbouring countries. In fact, two locations viz. Dubai and Sri Lanka have been finalised already. We should soon be launching transit warehouses in these markets based on requirements by some of our clients who use these locations for their business extensively," said a senior company executive requesting not to be quoted.
The company is also expanding its network of fulfilment centres in India, setting up five more facilities in the ongoing fiscal. The new centres will come up in Tiruppur (Tamil Nadu), Goa, Aurangabad (Maharashtra), Bhubaneshwar (Odisha) and Jammu & Kashmir.
As a result of these additions, Delhivery will almost double the total fulfilment space under its network to 10 lakh square feet across India. The company currently operates 5,50,000 square feet of fulfilment space across 18 locations in the country.
Details about whether Delhivery will acquire or lease the space required for setting up the transit warehouses overseas / fulfilment centres in India, or for that matter the kind of capex being earmarked for the same, are not known at this stage.
According to company website, Delhivery currently has logistics network operating in over 175 cities and over 25,000 sellers from across India. The company also claims to have infrastructure equipped to handle over 90,000 transactions daily and 150,000 stock keeping units (SKUs). Among its list of clients are e-market players like Flipkart, eBay, ShopClues, Jabong as well as individual companies like ITC, Paper Boat, Puma, etc.
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