Delhivery turns profitable, positioned to ride India's e-commerce boom
New-age logistics player Delhivery has swung to profitability as it capitalizes on the growth of India's e-commerce sector, signaling improving unit economics in the online delivery space.
Delhivery, a new-age logistics player serving India's e-commerce sector, has turned profitable and is positioned to benefit from the country's e-commerce growth.
Why this matters
The profitability milestone builds on Delhivery's momentum: a 163% subscribed IPO driven by QIBs, a Havells Western India supply chain contract win, and D2C brands adopting its unified shipping and fulfilment platform.
Retail-company signals are accelerating, up +556800% QoQ.