Delhivery buys Spoton Logistics

Published - August 25, 2021 09:25 pm IST - Bengaluru

Delhivery, a logistics and supply chain operator, said it acquired Bengaluru-based Spoton Logistics to boost its B2B capabilities, for an undisclosed sum, on Monday.

Spoton Logistics was set up in 2012 when private equity firm India Equity Partners bought the domestic business from TNT India. In 2018, the firm partnered with a consortium of investors led by Samara Capital and Xponentia Fund Partners, said the company in a statement.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.