Journey of one of India's best Logistics startup - Delhivery

• Delhivery is logistic startup which has a pan - India network and provides services in over 17000 pincodes.
• Nearly a decade ago, when co - founders Sahil Barua and Suraj Saharan ordered food once late at night, they had a conversation with the delivery boy.
• The conversation ended up with the two of them visiting the restaurant and hiring all its staff since the restaurant was shutting down.
• They hired the staff all of a sudden, as the two were aware of the problem of 'One-Hour Delivery' delivery faced by restaurants and knew that there was a need for a good delivery network.
• So they grabbed the opportunity, quit their corporate jobs at Bain & Co. and gradually became successful in doing restaurant deliveries within 30 minutes.
•  The investors contribution - Delhivery was doing great with restaurant deliveries when one of its investors encouraged it to venture into e - commerce sector and start delivering packages as well. Hence they made the shift from hyper-local to e-commerce segment.
• Delhivery works 24x7, all days of the year with the help of its team over 66,000 people.
• It started off as a B2B service provider offering transportation, warehousing and commerce services. It follows a distribution model under which all branches of the company operates as hubs, thus, ensuring smooth distribution.
• Recently, Delhivery launched its C2C express parcel service to provide safe and reliable doorstep pickup facility to people.
• This marks as innovative move by the startup which is driven by the motto of " Changing the world, one shipment at a time"
• Delhivery has been making losses but has seen exceptional growth despite having strong competitors like BlackBuck, BlueDart etc.
• The Gurgram based startup is eyeing an IPO worth 7,460  crore at a valuation of $6-6.5 billion. The IPO proceeds will largely be used for organic and inorganic growth of the startup.  
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