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New-age logistics player Delhivery to launch dark stores for D2C brands

Economic Times

Economic Times · 1y ago

New-age logistics player Delhivery to launch dark stores for D2C brands

Delhivery, a leading logistics company, is set to launch a network of shared dark stores to cater to the demand for quick deliveries. These micro warehouses will be available on a shared basis for direct-to-consumer (D2C) brands seeking to fulfill local deliveries within a two to four-hour timeframe. While this move is not expected to significantly impact Delhivery's revenue in the short or medium term, it aims to address the needs of D2C brands and support their rapid commerce requirements. Other logistics companies, such as Shiprocket, have also ventured into the same-day delivery space to meet the growing demand.

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Delhivery appoints Milind Sharma as head of Rapid Commerce and D2C brands

Entrackr

Entrackr · 5m ago

Delhivery appoints Milind Sharma as head of Rapid Commerce and D2C brands

Delhivery appoints Milind Sharma as head of Rapid Commerce and D2C brands. Gurugram-based logistics company Delhivery has appointed Milind Sharma, cofounder of the now-defunct grocery delivery service Peppertap, as the head of its rapid commerce and D2C brands verticals. Sharma was among the first few employees of Delhivery in 2012 and left the firm in 2013 to launch Peppertap. In his new role at Delhivery, Sharma will build out the rapid commerce service and oversee Delhivery’s entire product portfolio for the direct-to-consumer brand segment. He will also be scaling up Delhivery’s same-day and next-day offerings. Delhivery launched its rapid commerce service earlier this year with the aim of offering intracity deliveries for brands within a two-to-four hour timeline from its dark stores. “Rejoining Delhivery feels like a homecoming for me. This is where I started my startup journey, and I am eager to contribute to the next phase of growth by building the Rapid Commerce service and serving the D2C brand segment alongside the team,” said Milind Sharma on his appointment.

Delhivery to expand rapid commerce, on-demand logistics offerings - The Economic Times

Economic Times

Economic Times · 27d ago

Delhivery to expand rapid commerce, on-demand logistics offerings - The Economic Times

Delhivery is expanding its Rapid Commerce service to more cities, planning to add 35-40 dark stores by fiscal year-end. Currently operating in Bengaluru, Hyderabad, and Chennai, Delhivery launched the service targeting two-hour delivery for D2C brands. It expects Rapid Commerce to be a niche product within its portfolio, potentially contributing significant revenue. Alongside, Delhivery is expanding its intracity delivery service, Delhivery Direct, aiming for nationwide reach and increasing investments in these growing sectors.

Delivery To Launch Dark Stores For Ecommerce Players

Inc42 · 1y ago

Delivery To Launch Dark Stores For Ecommerce Players

Delhivery CEO Sahil Barua announced plans to offer delivery services that will reduce delivery time to 2-4 hours for ecommerce companies. The logistics unicorn will establish dark stores for specific product categories, enabling rapid deliveries. Barua also emphasized the possibility of multiple companies sharing the costs of these dark stores.

Delhivery enters quick commerce with 2 hr delivery services for D2C, ecommerce brands

YourStory

YourStory · 7m ago

Delhivery enters quick commerce with 2 hr delivery services for D2C, ecommerce brands

Delhivery launched Rapid Commerce in Bengaluru, offering under-two-hour delivery for brands across various sectors, such as beauty, fashion, and electronics. The service processes over 300 orders daily, addressing consumer demand for faster deliveries and allowing D2C, retailers, and e-commerce brands to improve customer experience. Delhivery’s dark store network, Rapid Stores, will facilitate 2-4 hour deliveries. The company plans to expand this service to other major Indian cities soon.

Delhivery And Xpressbees Mull Entry Into Quick Commerce

Inc42 · 1y ago

Delhivery And Xpressbees Mull Entry Into Quick Commerce

Delhivery, a logistics company based in Gurugram, is expanding its services to include managing larger warehouses for Swiggy Instamart's dark stores or fulfilment centres. Additionally, Delhivery has established a subsidiary called Delhivery Robotics India, which will focus on manufacturing drones and providing air transportation services for freight. The quick-commerce industry in India has seen significant growth, with a 77% year-on-year increase in gross merchandise value to $2.8 billion in 2023, according to a report.

New-age companies seek growth areas as urban consumption slump grips

Economic Times

Economic Times · 9m ago

New-age companies seek growth areas as urban consumption slump grips

New-age companies in sectors like beauty, wearables, logistics, ecommerce, and used-car sales are being affected by a slowdown in urban consumption. As a result, these companies are looking to diversify their business and explore new growth areas. Delhivery, a logistics firm, is looking to expand into quick-commerce, regional, and air logistics to counter the sluggish demand. Beauty brands like Mamaearth are also facing slower growth and are restructuring their strategies. The overall consumption slowdown is forcing companies to compete harder for consumer spending, particularly in discretionary categories.

How dark stores are lighting up the online beauty business

Livemint

Livemint · 1y ago

How dark stores are lighting up the online beauty business

E-commerce companies Nykaa and Purplle are considering implementing dark stores, or micro-warehouses, to improve their delivery speeds and compete with quick commerce platforms. These dark stores would be located in major cities like Mumbai and Bengaluru and would aim to provide faster deliveries within a few hours. Both companies are exploring options such as operating their own facilities or utilizing existing spaces with logistics providers. The move to dark stores would help Nykaa and Purplle retain customers and enhance their own brands. However, the high costs and logistical challenges associated with dark stores may require careful execution.

Same-day delivery service provider, Pikndel, raises $285K in pre-seed round led by 100X.VC

Startup News FYI

Startup News FYI · 1y ago

Same-day delivery service provider, Pikndel, raises $285K in pre-seed round led by 100X.VC

Same-day delivery service platform Pikndel has secured $285K in a pre-seed funding round led by 100x.VC. The funding will help Pikndel revolutionize same-day deliveries in India and expand its presence across the country. Pikndel provides same-day delivery services for D2C and e-commerce brands, offering flexible delivery timelines and shared dark stores for product storage. The company aims to disrupt the logistics industry and optimize e-commerce operations. 100x.VC, the first institutional investor in Pikndel, believes the company is poised for rapid growth in the quick delivery space.

CCI approves Delhivery's acquisition of Ecom Express

Economic Times

Economic Times · 2m ago

CCI approves Delhivery's acquisition of Ecom Express

The Competition Commission of India (CCI) has approved Delhivery's acquisition of Ecom Express for Rs 1,407 crore. Delhivery, a new-age logistics firm, announced the cut-price deal in April to buy its rival Ecom Express.

Myntra expands rising stars programme to support emerging and D2C home brands

YourStory

YourStory · 3m ago

Myntra expands rising stars programme to support emerging and D2C home brands

Myntra has launched its home edit for the Myntra Rising Stars (MRS) programme, aiming to support emerging direct-to-consumer (D2C) brands in home furnishings and decor. The initiative offers a platform for both established and new brands meeting specific criteria. The MRS Home Edit has onboarded over 165 D2C brands and aims to help them scale efficiently by reducing customer acquisition costs. Significant growth in Myntra’s home category is attributed to new-age D2C brands and non-metro market contributions.

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