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MUMBAI, March 24 (Reuters) – India's Delhivery supply chain solutions company has raised a new $ 413 million investment in a round of financing led by the Softbank Vision Fund, a joint statement said Sunday.
Carlyle and Fosun, both existing e-commerce investors, also participated in the latest round of financing.
Delhivery was founded in 2011 as a food distribution company. Since then, she now offers a full range of logistics services in more than 1,800 Indian cities. She is one of the market leaders in e-commerce management.
"We will expand our new warehousing and freight services through significant investments in infrastructure and technology and global partnerships, in addition to improving reach, reliability and reliability." 39; efficiency of our transportation operations and share these benefits with our customers and partners, "Delhivery CEO Sahil Barua said in a statement.
Plans include increasing the number of service points and extending its end-to-end supply chain platform.
"Our investment in Delhivery demonstrates our commitment to partnering with innovative market leaders. Delhivery has demonstrated exceptional growth and has become the unique solution for e-commerce logistics, "said Munish Varma of SoftBank Investment Advisers. (Report by Swati Bhat edited by David Goodman)
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