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Announced

FedEx to invest $100m in Delhivery.

Synopsis

FedEx, a multinational delivery services company, agreed to invest $100m in Delhivery, a logistics and supply chain services company. “We are excited to partner with FedEx and look forward to the synergies created between Delhivery’s capabilities in India and FedEx’s global network. Our aim is to bring new products and opportunities to Indian and global businesses and consumers through unique access to our networks, and our technology and engineering capabilities," Sahil Barua, Delhivery Co-Founder and CEO.

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