Delhivery acquires Bengaluru-based Spoton Logistics

27 Aug 2021 CW Team

Delhivery, a provider of logistics and supply chain services, has announced the acquisition of Bengaluru-based Spoton Logistics, bolstering its B2B capabilities.

Spoton Logistics is a technology and engineering-driven logistics firm. . The domestic business of TNT India was purchased by private equity firm India Equity Partners in 2012.

Spoton partnered with a group of investors led by Samara Capital and Xponentia Fund Partners to launch the next phase of its expansion in 2018.

As part of the deal, Samara Capital and Xponentia, which purchased Spoton from IEP in 2018, will receive a full cash payout.

Chief Executive Officer of Delhivery, Sahil Barua cites that the company has built a leading position in B2C logistics over the last ten years and that by combining their truckload business with Spoton, the company expects to achieve the same position in B2B express.

The Delhivery team has established a leading end-to-end logistics and supply chain services company in India in such a short time, according to Abhik Mitra, Managing Director of Spoton Logistics.

The company will continue to invest in people, technology, network, and infrastructure to help its clients grow their businesses, said Mitra.

According to Sandeep Barasia, Chief Business Officer of Delhivery, this is a merger of two high-quality companies with similar values.

Their combined size and focus on technology and data will allow them to create new solutions for their customers and make high-quality freight calls.

On this transaction, Delhivery received financial and legal advice from Kotak Mahindra Capital Company and Shardul Amarchand Mangaldas & Co.

Image Source

Also read: Xander acquires 1 mn sq ft logistics space worth over Rs 400 cr in TN

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..