Delhivery

Gurugram, Haryana, India Logistics Public

Delhivery is India's largest fully integrated logistics and supply chain services company, offering express parcel delivery, part-truckload (PTL) freight, truckload freight, supply chain solutions, cross-border services, and a technology platform powering its operations across 18,500+ pin codes. Founded in 2011 as SSN Logistics in Gurugram, the company has delivered over 2 billion parcels and operates one of India's largest fulfillment networks. Delhivery listed on the NSE and BSE in May 2022 and acquired rival Ecom Express in 2025, consolidating its leadership in Indian e-commerce logistics.

Public Company

Delhivery is publicly traded

IPO'd on May 24, 2022

DELHIVERY NSE / BSE

This company is no longer available on our private secondary market. Shares can be traded publicly under DELHIVERY.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2011

Employees

25,000–30,000

Total Funding

$1.18B

9 rounds

Last Private Valuation

$3B

May 30, 2021

Funding

Total raised $1.18B across 9 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Pre-IPO round

Date

May 30, 2021

Amount

$277M

Valuation

$3B

Lead Investors

Fidelity
DateRoundAmount RaisedValuationLead Investors
May 30, 2021 Pre-IPO round $277M $3B Fidelity
September 2019 Series H / late-stage $115M Canada Pension Plan Investment Board
June 2019 Series G / late-stage $150M Canada Pension Plan Investment Board

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 2020 2021 Delhivery

Entry · Series F

$1.5B

Mar 2019

Delhivery today

$3B

May 2021 · latest mark

Delhivery multiple

2.0x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Sahil Barua

    Co-Founder & CEO

  • Kapil Bharati

    Co-Founder & CTO

  • Suraj Saharan

    Co-Founder

  • Mohit Tandon

    Co-Founder

  • Bhavesh Manglani

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Blue Dart Express

    DHL-owned Indian express logistics and courier provider with dedicated air cargo fleet; listed on NSE/BSE.

  • Xpressbees

    Pune-based e-commerce logistics unicorn handling 3M+ daily shipments across 20,000+ pin codes.

  • Shadowfax

    Hyperlocal and e-commerce last-mile delivery platform serving leading Indian retailers.

  • DTDC Express

    Long-running Indian courier and parcel network covering 14,000+ pin codes domestically and 220+ countries internationally.

  • Ekart Logistics

    Flipkart's in-house logistics arm and one of India's largest e-commerce supply chain operators.

  • Shiprocket

    SaaS-led shipping aggregator and logistics enabler for Indian D2C and SMB e-commerce sellers.

Delhivery Investment FAQ

Delhivery FAQ

Yes, Delhivery is publicly traded under the ticker symbol DELHIVERY on the NSE / BSE. The company went public in May 24, 2022.

Delhivery trades under the ticker symbol DELHIVERY on the NSE / BSE. It began trading in May 24, 2022.

Delhivery (DELHIVERY on the NSE / BSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker DELHIVERY to place an order.

Delhivery went public in May 24, 2022 via ipo, with an offering valuation of approximately $3B. Delhivery completed its IPO on the NSE and BSE on May 24, 2022, raising approximately Rs 5,235 crore (~$675M) at an issue price of Rs 487 per share. The offering comprised a Rs 4,000 crore fresh issue and a Rs 1,235 crore offer-for-sale. Shares listed at Rs 493 on BSE / Rs 495.2 on NSE and closed listing day up ~10% at Rs 536.25.

Delhivery raised $1.18B across 9 disclosed funding rounds prior to its public listing.

Delhivery was co-founded by Sahil Barua, Kapil Bharati, Suraj Saharan, and 2 others in 2011.

Delhivery is headquartered in Gurugram, Haryana, India.

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