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Indian logistics firm Delhivery posted its first-ever quarterly profit since listing on Friday, helped by healthy demand for online shopping during the festive season. Consolidated profit ......
Revenue from the company's express parcel services, which contributes more than half to the total, climbed 21% year-on-year
Indian logistics firm Delhivery posted its first-ever quarterly profit since listing on Friday, helped by healthy demand for online shopping during the festive season....
The festive season and end-of-year sale season in December attract higher volumes not just from platforms such as Amazon, and Flipkart, but also from brands that have an omni channel presence, the management said in the Q2FY24 earnings call.
The homegrown fund, which counts Barbeque Nation and Altigreen among its portfolios, launched the fund in early 2022. The Fund II has its investors including Indian family offices, domestic financial institutions, corporates, insurance companies and the Fund of Funds program managed by Small Industries Development Bank of India